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$526,814

940 Wooded Creek Lane, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.94 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3687-00A-0170-1
Lot Number17
SubdivisionWoodberry Estates (Cmc)
Land UseResidential
Legal DescriptionWOODBERRY ESTATES (CMC), BLK A, LOT 17
Census Tract030609
Assessed Land Value$173,565
Assessed Improvement Value$353,249
Assessment Year2025

About this property

ONE OF A KIND Large Wooded Creek Lot with a pool in the heart of McKinney. Welcome home to this beautifully updated home nestled at the end of a cul-de-sac in Woodberry Estates. The open concept kitchen features granite countertops, tile backsplash, ss appliances, tons of cabinets and oversized breakfast area. The owner suite features his and her walk-in closets, jetted tub & separate shower. Upstairs there is a large, bonus flex room with built-ins, a separate laundry room and 2 spacious secondary bedrooms. The first floor includes a separate dining or office space, and large family room open to the kitchen and breakfast room with stunning views of the pool. The private backyard backs to a wooded creek and is full of mature trees with a covered patio and an inground, resurfaced, pool ready for entertaining family or guests. It's just minutes from great schools, shopping, parks and historic downtown McKinney! Truly a must see!

Investor Tools

Property Icon
$526,814
Estimated Property Value
$0Estimated Mortgage Balance
$102,297Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,161 /month
Positive
Cash Flow Estimate:
$1,054 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,581
$526,814
2025
$173,565
$353,249
$526,814
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,581
$526,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$453,150
No
First
Dec 29, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,517
$102,297
19%
81%
$2,717/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,792/mo
+$728/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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940 Wooded Creek Lane | Property Details | No Agent List