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$645,000

7320 River Park Dr, McKinney, TX, 75071

$687,286 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,093 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.54 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size13,394 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-10930-00E-0180-1
Lot Number18
SubdivisionTrinity Falls Planning Unit 2 Phase 3
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 2 PHASE 3, BLK E, LOT 18
Census Tract030202
Assessed Land Value$240,350
Assessed Improvement Value$435,650
Assessment Year2026

About this property

Welcome to 7320 River Park Drive, a welcoming home tucked into Trinity Falls, a thoughtfully designed master-planned community in McKinney where everyday living feels connected to nature, recreation, and community. This 3-bedroom, 2.1-bath home offers an open floor plan with inviting spaces for everyday living and entertaining. The bright dining area features large windows that fill the space with natural light. The spacious living area is anchored by a floor-to-ceiling stone fireplace with a beautiful wooden mantel. A wall of windows overlooks the covered patio and backyard, filling the room with natural light and extending the living space outdoors. Beyond the backyard, greenbelt views provide a peaceful backdrop and sense of privacy. The kitchen features a large island with a breakfast bar, gas cooktop, and ample storage, making it easy to gather, prepare meals, and stay connected with the adjoining living spaces. All three bedrooms are conveniently located on the first floor. The spacious primary suite offers plenty of room for a comfortable sitting area, while the primary bath features double vanities with granite countertops, a large walk-in shower, and an oversized walk-in closet. Upstairs, a game room and separate sitting area provide additional space for movie nights, game days, hobbies, or simply relaxing. Trinity Falls offers a lifestyle that blends nature, recreation, and community. With miles of scenic trails, parks, lakes, and green spaces, there are plenty of opportunities to walk, bike, explore, and enjoy the outdoors. Residents also take advantage of resort-style pools, playgrounds, fitness facilities, gathering spaces, and community events, making it easy to stay active, relax, and connect with neighbors. With its bright interiors, greenbelt setting, and Trinity Falls lifestyle, 7320 River Park Drive offers a wonderful place to settle in, make memories, and feel at home. - Window coverings updated in 2019.

Investor Tools

$251,198Estimated Mortgage Balance
$424,802Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$687,285
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,056 /month
Positive
Cash Flow Estimate:
$1,352 /month

Interested in this property?

Heather Poehler

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,352/month
$393/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,847
$676,000
2026
$240,350
$435,650
$676,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,847
$676,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$281,600
No
First
Feb 18, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,198
$424,802
62%
37%
$1,689/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,082/mo
+$618/mo
4.8%

City: McKinney

7320 River Park Dr | Property Details | No Agent List