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$375,000

6312 Candletree Lane, McKinney, TX, 75070

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.78 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size6,218 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4399-00K-0050-1
Lot Number5
SubdivisionEldorado Heights Section Iii Phase Vi (C
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION III PHASE VI (CMC), BLK K, LOT 5
Census Tract030516
Assessed Land Value$120,000
Assessed Improvement Value$300,045
Assessment Year2025

About this property

INCREDIBLE BUYER INCENTIVES: $6,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $6,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 6312 Candletree Ln is a single-story McKinney home built in 2002, with 1,787 square feet of living area. The kitchen includes a range, microwave, refrigerator, pantry, and breakfast bar. A corner fireplace anchors the main living area, with a separate front room providing additional living and dining space. The primary bedroom has a walk-in closet and an adjoining bathroom with dual vanities, a tub, and a separate shower. Additional bedrooms are arranged along the hallway. A rear patio connects the home to the backyard, while an attached two-car garage opens to the rear driveway. The layout separates gathering areas from the bedrooms. Home comes with a 100-Day Home Warranty

Investor Tools

$57,636Estimated Mortgage Balance
$362,409Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,329
$420,045
2025
$120,000
$300,045
$420,045
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,329
$420,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$143,600
No
First
Jan 11, 2016
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,636
$362,409
86%
14%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$400/mo
+$2,790/mo
9.1%

City: McKinney

6312 Candletree Lane | Property Details | No Agent List