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$779,900

4824 Cedar Creek Dr, McKinney, TX, 75070

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.41 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Living Area
Lot Size7,809 sqft

Building Information

Year Built2019
Stories2
Garage Spaces3

Land Information

APNR-11458-00E-0080-1
Lot Number8
SubdivisionLake Forest Phase Ia (Cmc)
Land UseResidential
Legal DescriptionLAKE FOREST PHASE IA (CMC), BLK E, LOT 8
Census Tract030550
Assessed Land Value$250,000
Assessed Improvement Value$541,000
Assessment Year2026

About this property

Beautiful 2 story home less than 6 years old with an amazing private backyard featuring a modern designed swimming pool with large tanning ledge and waterfall. The pool also features a heater and a chiller, and 15 color LED lights. Spacious outdoor living area 30 x 10 and over $25,000 of professional landscaping surrounded by a wood privacy fence. Spotless home shows like new construction and ready for move in. The owners modified the original floorplan and extended the size of the primary bedroom and extended the size of the 1 car garage to fit a pickup truck. Engineered hardwood floors downstairs, upgraded lighting, motorized shades on back of house, all window replaced with higher energy efficient windows. Study located off of entry with french doors, could be 5th bdrm. Curved staircase & beautiful formal dining room with double stacked wall of windows on a curved wall its stunning! Family room with 2 story vaulted ceilings & can lighting, a cast stone FP and wall of windows viewing the beautiful backyard. Kitchen with large island, quartz tops and an abundance of cabinets running all the way down the breakfast nook to back wall of house. Oversized sink, 5 burner gas cooktop with downdraft and walk in pantry. There are two bedrooms downstairs. The primary bedroom is split from the other bedroom, is oversized & features a window seat with a wall of windows viewing the pool. How about that bath?? Freestanding tub with chandelier & the walk in shower behind it. Separate vanity areas with quartz countertops gives everyone plenty of space. Large walk in closet with custom Elfa shelving. The second bedroom down also has a window seat & a full bath with tub-shower combo. Upstairs is a gameroom & two bedrooms both with ceiling and walk in closets. The gameroom also has a ceiling fan & can lighting. There is a mud room & a laundry room with a sink downstairs. Gas stub at outdoor living aea. Two - one split garage with overhead storage. It does not get better than this!

Investor Tools

$358,276Estimated Mortgage Balance
$432,724Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

Interested in this property?

Michelle Jones

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,781
$791,000
2026
$250,000
$541,000
$791,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,781
$791,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grand Home Loans Llc
Conventional
$412,687
No
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,276
$432,724
54%
45%
$2,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,710/mo
+$480/mo
4.8%

City: McKinney

4824 Cedar Creek Dr | Property Details | No Agent List