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$950,000

4840 Serenity Trl, McKinney, TX, 75071

$1,099,967 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,803 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDouble Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt In Barbecue, Barbecue, Gas Grill, Outdoor Living Area, Rain Gutters
Lot Size1 acre

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-9280-00K-0130-1
Lot Number13
SubdivisionWaterstone Estates Section Ii
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION II, BLK K, LOT 13
Census Tract030201
Assessed Land Value$260,000
Assessed Improvement Value$807,336
Assessment Year2026

About this property

Nestled within the gated Waterstone community and served by Melissa ISD, this custom one acre property offers an inviting blend of thoughtful design, spacious living, and impressive functionality. The home features 3 bedrooms, a dedicated office with a fireplace, custom built-ins and a beautiful coffered wood ceiling, plus a second coffered wood ceiling in the main living area. The study offers a large closet, offering the flexibility to serve as a fourth bedroom if needed. An additional upstairs bonus or flex room provides even more versatility for a media room, game room, hobby space or additional living area. The private primary suite includes an additional attached flex room with a wall of built-ins, creating the perfect space for a sitting room, exercise area, nursery or second office. The kitchen is designed for both everyday living and entertaining, featuring a 5-burner gas cooktop, double ovens, oversized walk in pantry and butler’s pantry complete with wine refrigerator. A large laundry room offers abundant cabinetry and a sink, while extensive storage throughout the home keeps everything organized. Three fireplaces add warmth and character, including one on the covered patio featuring a built-in grill, creating an exceptional outdoor entertaining space. JellyFish Lighting adds customizable lighting to the exterior, perfect for everyday ambiance and holidays. An attached 23x12 shop provides exceptional additional workspace and storage. With generous indoor and outdoor living spaces, custom details and room to enjoy the outdoors. This property offers the rare opportunity to enjoy a peaceful country feel and the space of an acre while still being right in McKinney

Investor Tools

$413,135Estimated Mortgage Balance
$654,201Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,099,966
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,404 /month
Positive
Cash Flow Estimate:
$2,135 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,526/month
$1,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,975
$1,067,336
2026
$260,000
$807,336
$1,067,336
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,975
$1,067,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$466,925
No
First
Oct 6, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,135
$654,201
61%
39%
$2,800/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$4,750/mo
$-1,230/mo
4.0%

City: McKinney

4840 Serenity Trl | Property Details | No Agent List