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$525,000

1020 Fallon Dr, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.5 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesBuilt In Gas Range, Dryer, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Water Softener, Washer
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Deck
Lot Size5,750 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11124-00E-0060-1
Lot Number6
SubdivisionWillow Wood Phase 1 (Cmc)
Land UseResidential
Legal DescriptionWILLOW WOOD PHASE 1 (CMC), BLK E, LOT 6
Census Tract030201
Assessed Land Value$150,000
Assessed Improvement Value$383,319
Assessment Year2026

About this property

Welcome to this beautifully maintained home in the desirable Willow Wood community. This home offers approximately 3,026 square feet, 4 bedrooms, and 3.5 bathrooms. Located in Melissa ISD. Melissa ISD ranks top 50 out of 965 school districts in Texas. This home has many upgrades. Master Closet created by Closets by Design. Willow Wood is a 306-acre master-planned community with resort-style amenities, including a pool with splash area, covered seating, pavilion, playground, sports court, and neighborhood trails. Enjoy nearby shopping, dining, groceries, and everyday conveniences along the US-380 corridor. Historic Downtown McKinney, known for locally owned restaurants, boutiques, entertainment, and year-round events, is a short drive away. US-380, US-75, and Highway 121 provide easy access throughout McKinney and North Texas. Additional upgrades include a water softener filtration system, EV charger, new carpet, new paint, french drains added with rocks down side yard, new hot water heater, washer, dryer, fridge, storage shed all stay!!

Investor Tools

$412,124Estimated Mortgage Balance
$121,195Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,200 /month
Positive
Cash Flow Estimate:
$1,067 /month

Interested in this property?

Nikki Butcher

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
$168/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$533,319
2026
$150,000
$383,319
$533,319
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$533,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$331,933
Yes
First
Apr 2, 2021
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,124
$121,195
22%
77%
$2,741/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,909/mo
+$611/mo
7.9%

City: McKinney

1020 Fallon Dr | Property Details | No Agent List