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$399,000

320 Terra Verde Ln, McKinney, TX, 75069

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,498 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.36 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,429 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-9753-00B-0260-1
Lot Number26
SubdivisionCountry Lane Villas Phase 3 (Cmc)
Land UseResidential
Legal DescriptionCOUNTRY LANE VILLAS PHASE 3 (CMC), BLK B, LOT 26
Census Tract030903
Assessed Land Value$95,000
Assessed Improvement Value$286,888
Assessment Year2026

About this property

Loaded with character, this move in ready single-story duplex backs to a farmland and is in a sought after 55+ active adult community! Rare opportunity for those that want to own both sides as the other side is also for sale. Country Lane Villas is a vibrant neighborhood that provides a comfortable, low-maintenance living with convenience to shopping, restaurants, senior center, Medical City McKinney hospital, the historic McKinney square and a year round farmers market. The spacious kitchen features a breakfast bar, beautiful wood cabinetry, granite countertops, stainless steel appliances including a refrigerator & microwave, and a built-in workspace that is perfect for daily organization. The open-concept floor plan features vaulted ceilings with an abundance of windows to take in picturesque views of open space with numerous trees and a barn. The primary suite includes wide doorways for accessibility and a spacious bathroom with a separate shower. The secondary bedroom and additional full bath provide plenty of space for guests or hobbies. The large laundry room is complete with a washer and dryer, built-in shelving, and a drip dry area. Relax on the oversized enclosed patio, perfect for morning coffee. The active community offers outstanding amenities: a fitness center, community pool, clubhouse with dining, game room, bocce ball court, shuffleboard, coffee shop, movie theater, library, and a calendar full of events with a social director, free concerts and dancing. The HOA covers front and backyard maintenance, flower bed landscaping, structure insurance which includes the roof, interior and exterior pest control, and sprinkler system maintenance—providing truly hassle-free living.

Investor Tools

$0Estimated Mortgage Balance
$381,888Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Lori West

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$381,888
2026
$95,000
$286,888
$381,888
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,768
$381,888

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,888
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$315/mo
+$1,250/mo
4.9%

City: McKinney

320 Terra Verde Ln | Property Details | No Agent List