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$250,000

3700 Kinglet Ct, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.04 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesSome Gas Appliances, Built In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Gas
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size5,386 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-12474-00T-0060-1
Lot Number6
SubdivisionPreserve At Honey Creek Phase 3 (Cmc)
Land UseResidential
Legal DescriptionPRESERVE AT HONEY CREEK PHASE 3 (CMC), BLK T, LOT 6
Census Tract030202
Assessed Land Value$80,000
Assessed Improvement Value$170,016
Assessment Year2026

About this property

Welcome home to this move-in ready 2 bed, 1 bath single-story in The Preserve at Honey Creek! A gated front patio with wrought iron fencing sets the tone for easy mornings and relaxed evenings. Inside, tile flooring runs throughout an open layout where the spacious living room flows into the dining nook and kitchen. The kitchen features rich espresso cabinetry, open display shelving, crisp white countertops, a gas range, and a built-in microwave. Both bedrooms are bright and airy with ceiling fans, and the full bath offers a tub and shower combo plus extra storage. A utility room with upper cabinets keeps laundry organized. Out back, the large fenced yard has room to play, garden, or add a patio. Residents enjoy a resort-style pool with lazy river, shaded cabanas, clubhouse, Swift Fox Park playground, and walking trails. Two-car garage and McKinney ISD. Schedule your showing today!

Investor Tools

$160,648Estimated Mortgage Balance
$105,352Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

Interested in this property?

Jessica Hughey

Keller Williams NO. Collin Cty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$833/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,848
$250,016
2026
$80,000
$170,016
$250,016
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,848
$250,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$170,000
No
First
Oct 2, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,648
$105,352
39%
60%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
$1,853/mo
+$287/mo
9.7%

City: McKinney

3700 Kinglet Ct | Property Details | No Agent List