Owner
$602,934
411 APPALACHIAN WAY, MCKINNEY, TX
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
5
baths
3
sq. ft.
3,251
property type
Single Family Residential
hoa
Yes
About
Residential
Living Area
Attached Garage
2 Stories
Central
Wood
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2001
Building Size
3,251 sq ft
Lot Size
7,036 sq ft
Lot Size (Acres)
0.16 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
R-3391-00A-0330-1
County
Collin County, Texas
Metro Area
Dallas-Fort Worth-Arlington, TX
Zoning
SFR
Neighborhood/Subdivision
VIRGINIA WOODS PHASE 1 (CMC)
Lot Number
33
School District
McKinney Independent School District
Legal Description
VIRGINIA WOODS PHASE 1 (CMC), BLK A, LOT 33
Tax & Value Information
Market Value (Total)
$535,523
Building Value
$415,523
Land Value
$120,000
Annual Property Tax
$7,379
Tax Assessment Year
2024
Assessed Value
$442,608
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/27/2016
Recording Date
4/29/2016
Sales Document #
2016.519840
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$23,330
Return on Investment
15.60%
After Repair Value
$663,227
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$542,641
Renovation Cost
$30,147
Closing Costs (buying)
$10,853
Holding Costs
$16,463
Selling Costs
$39,794
Total Investment
$149,528
After Repair Value (ARV)
$663,227
Total Costs
$639,897
Estimated Profit
$23,330
Cash Invested
$138,675
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area