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$389,950

1220 Hyde Park Dr, McKinney, TX, 75069

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.47 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size6,158 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APNR-2264-00A-0020-1
Lot Number2
SubdivisionPark Place Phase I (Cmc)
Land UseResidential
Legal DescriptionPARK PLACE PHASE I (CMC), BLK A, LOT 2
Census Tract030802
Assessed Land Value$85,000
Assessed Improvement Value$247,516
Assessment Year2025

About this property

Welcome to your new home tucked away in the charming Park Place neighborhood, this beautifully updated 4 Bed 3.5 Bath home blends timeless character and modern updates, with plenty of natural light. Step inside to discover high ceilings, the light-filled living room connects to the formal dining area with a dry bar, perfect for everyday meals or gathering with friends and family. The kitchen features granite countertops, stainless steel appliances, plenty of counter space and storage, alongside is a breakfast nook or casual dining area. The thoughtfully designed floor plan includes a secondary suite downstairs with fluted fireplace, which also can be a welcoming den to relax and unwind in. Primary suite is upstairs along with two additional bedrooms. The spacious primary suite offers a walk-in closet and a beautifully ensuite bathroom with double vanity, spa like shower, and an oversized soaking tub. Step outside, to your private backyard oasis with plenty of shade! Featuring a covered patio, brick fire pit, landscaped planting beds, and a detached storage shed, making it perfect for outdoor gatherings and relaxing evenings. Located in the established Park Place neighborhood with mature trees, the home just minutes from Historic Downtown McKinney, highly rated Mckinney ISD schools, parks, and shopping centers. Enjoy this perfect blend of small-town charm, modern comfort, and everyday convenience. Come see this hidden gem today!

Investor Tools

$297,971Estimated Mortgage Balance
$251,029Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Yiru Li

VIP Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,810
$332,516
2025
$85,000
$247,516
$332,516
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$5,810
$332,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Building Or Construction Loan
$298,400
No
First
Aug 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,971
$251,029
45%
54%
$1,790/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,790/mo
+$182/mo
4.3%

City: McKinney

1220 Hyde Park Dr | Property Details | No Agent List