3106 Palmtree Drive
About This Property
This beautifully maintained and thoughtfully updated single-story 4-bedroom, 2-bath home offers the perfect blend of style, comfort, and function. With a dedicated private office, formal dining room, and spacious living room featuring a newly updated gas fireplace, this home is designed to meet today's lifestyle needs.
Step into the bright kitchen with freshly painted cabinets, convenient pull-out drawers, granite countertops, and all-new lighting. The refrigerator conveys with an acceptable offer, making move-in seamless. New carpet, fresh interior paint, and updated fixtures throughout give the home a modern, move-in-ready feel.
The backyard is a true retreat with an adorable covered patio outlined with string lights along the fence and roofline-perfect for evening gatherings. Beautiful landscaping, mature trees, and a private rear driveway with alleyway access and extra parking add both charm and convenience.
Key updates include:
New roof (2017)
New dishwasher (2024)
New hot water heater.
HVAC serviced every 6 months for peace of mind.
This single-story home has been lovingly cared for and is ready for its next chapter. Don't miss the chance to make it yours!
Search 3106 Palmtree Dr. McKinney TX on youtube for full walk through video tour!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 1, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Monument Realty | $450,000 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017