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$405,000

9116 Newport Ln, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,138 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.43 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Range, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,193 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4410-00D-0080-1
Lot Number8
SubdivisionVirginia Hills Addition Phase One (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE ONE (CMC), BLK D, LOT 8
Census Tract030524
Assessed Land Value$100,000
Assessed Improvement Value$291,800
Assessment Year2026

About this property

Located in desirable Prosper ISD, this 4-bedroom, 2-bath home offers plenty of space to gather, entertain, and enjoy everyday life. Thoughtful updates and an open, flexible floorplan create a home that feels both comfortable and inviting. Just inside the entry, formal living and dining rooms offer additional space for entertaining, special occasions, or creating rooms that fit your lifestyle. Updated laminate flooring continues through the main living areas for a warm and cohesive feel. The open kitchen and living area is truly the heart of the home, with plenty of space for family time, casual get-togethers, and entertaining. The kitchen features granite countertops, freshly painted cabinetry, updated hardware, and ample workspace whether you're preparing dinner or gathering with friends. The spacious primary suite provides a comfortable retreat with an ensuite bath featuring a granite-topped vanity and tiled shower. Step outside to a large backyard with room to play, entertain, or simply relax. The covered patio extends the living space outdoors and offers a great spot for grilling, dining, or enjoying a quiet afternoon. Major updates include the water heater which was replaced last year and HVAC unit replaced 4 years ago.

Investor Tools

$202,520Estimated Mortgage Balance
$189,666Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

Interested in this property?

Shellie Becker

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$274/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,650
$391,800
2026
$100,000
$291,800
$391,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,650
$391,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Conventional
$222,194
No
First
Feb 23, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,520
$189,280
48%
52%
$1,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,890/mo
$1,607/mo
+$2,283/mo
11.9%

City: McKinney

9116 Newport Ln | Property Details | No Agent List