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$430,000

3002 Cedar Crest Dr, McKinney, TX, 75070

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.08 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Exterior FeaturesLighting, Rain Gutters, Storage
Lot Size7,842 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APNR-3675-001-0100-1
Lot Number10
SubdivisionLegends Of Mckinney Phase I (Cmc)
Land UseResidential
Legal DescriptionLEGENDS OF MCKINNEY PHASE I (CMC), BLK 1, LOT 10
Census Tract030549
Assessed Land Value$110,000
Assessed Improvement Value$290,685
Assessment Year2026

About this property

OPEN HOUSE SUNDAY, October 11th! Lovingly maintained, this one owner home is a beautiful two-story, 4 bedroom home offering curb appeal, mature landscaping, and a bright, welcoming entry in the established Legends of McKinney community. Inside, you’ll find a spacious, versatile floor plan with room to gather, relax, entertain, and make yourself at home. The front living and dining areas feature fresh, neutral tones and brand-new contemporary wood-look flooring. The oversized second living area offers plenty of room for movie nights, game days, or cozy evenings around the wood-burning brick fireplace. Upstairs, a flexible loft provides endless possibilities for a home office, media room, content creation space, game room, or play space. Step outside to your private backyard, perfect for morning coffee, weekend gatherings, pets, or creating your own rose or vegetable garden. Situated on a corner lot in a cul-de-sac, this home offers a wonderful combination of space and neighborhood charm, with scenic walking trails, greenbelt views, convenient access to major McKinney roadways, and close proximity to McKinney ISD schools, local dining, and shopping. With its spacious layout, versatile living areas, and unmistakable pride of ownership, this move-in-ready home is ready for its next owners.....could it be you? Schedule your showing today and you just might be welcoming in the new year in this beautiful home!

Investor Tools

$311,775Estimated Mortgage Balance
$116,225Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Erlene Scharff

Dynamic Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,676
$400,685
2026
$110,000
$290,685
$400,685
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,676
$400,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$328,800
No
First
Dec 12, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,775
$116,225
27%
73%
$1,972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,572/mo
+$618/mo
8.9%

City: McKinney