$388,499
1216 Armitage Way, McKinney, TX, 75069
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range
FlooringCarpet, Vinyl
Exterior
Lot Size5,489 sqft
Building Information
Garage Spaces2
Land Information
APNR-13093-00B-0050-W
Lot Number5
SubdivisionCypress Creek West
Land UseVacant Residential Lots Out Of City Under 5 A
Legal DescriptionCYPRESS CREEK WEST, BLK B, LOT 5; ( SEE R-13093-00B-0050-1 FOR OTHER ENTITIES )
Census Tract031007
Assessed Land Value$100,000
Assessment Year2026
About this property
New construction Lennar Home - The Rosso Floor Plan. This single-story home has everything the modern family needs with three bedrooms at the front of the home and an owner’s suite in the back, for added privacy. There is an open concept living area in the center with a back patio, as well as a flexible study down the hall. Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
Investor Tools
$0Estimated Mortgage Balance
$377,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,331 /month
Positive
Cash Flow Estimate:
$777 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
$999/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,000
$100,000
2026
$100,000
N/A
$100,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,000
$100,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,000
100%
0%
$0/mo
