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$319,900

8617 Trolley Trl, McKinney, TX, 75070

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,670 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$191.56 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Combination, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,555 sqft

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9060-00A-024B-1
Lot Number24B
SubdivisionHemmingway At Craig Ranch Phase 2 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 2 (CMC), BLK A, LOT 24B
Census Tract030542
Assessed Land Value$100,000
Assessed Improvement Value$219,616
Assessment Year2026

About this property

Beautifully updated Townhome in Hemmingway at Craig Ranch. This home is in spectacular condition and features an enormous primary bedroom with vaulted ceilings and direct access to the private 2nd Floor Balcony. Primary bedroom suite includes a lovely ensuite bathroom and huge 19 Foot Walk-In Closet. Second bedroom includes an ensuite bathroom and both bedrooms have easy access to the separate full-sized walk-in utility room. Upon entering this home you will be impressed with the wide-open floorplan featuring a Grand Living Room, fireplace with easy start gas logs, beautiful crown molding, hardwood flooring, versatile dining room area and soaring ceilings. The well-appointed kitchen includes full sized dining bar, 8-Foot Walk-In Pantry, granite counter tops, generous 42-Inch Cabinets, stainless appliances and the refrigerator is include with an acceptable offer. The microwave, water heater and garage door opener were recently updated. The covered stone accented front patio extends entertainment options and is an excellent relaxation zone. The HOA maintains the front yard, exterior structure and common areas. Residents have full use of the HOA facilities including the community pool, parks and clubhouse. This home is a very short walk to the community mailboxes, pool and clubhouse. This one is ready to move in and the seller's can accommodate a quick closing! Craig Ranch is a popular community located in McKinney, Texas which features a preserved and lively 19th-century historic downtown, a booming economy, top-rated schools, and extensive parks, all while sitting just 30 miles north of Dallas. Don't miss this awesome opportunity to own a great home and enjoy the wonderful lifestyle provided by this community.

Investor Tools

$135,709Estimated Mortgage Balance
$183,907Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,947
$319,616
2026
$100,000
$219,616
$319,616
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,947
$319,616

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$157,000
No
First
Dec 16, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,709
$183,907
57%
42%
$942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$1,267/mo
+$673/mo
7.3%

City: McKinney

8617 Trolley Trl | Property Details | No Agent List