See Home Value
$739,900
● House - Off Market

7201 Faraday Lane

McKinney, TX 75071
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,198 Ft²
$3,767
Est. Monthly
$84
HOA / Fees
4.27%
Cap Rate

About This Property

Nestled in the prestigious Brightwood subdivision and zoned to top-rated McKinney ISD, this executive-level custom home offers upscale living with an ideal blend of luxury and function. With 4 spacious bedrooms-two conveniently located downstairs-3 full baths, a dedicated home office, and formal dining room, this residence is designed to meet the needs of both daily life and entertaining. The heart of the home features rich hardwood floors, custom hardwood kitchen cabinetry, Corian countertops, and built-in appliances. The open kitchen and living area flow seamlessly, providing abundant natural light and views of the resort-style backyard. For times you need less light, the home is furnished with louvered shutters throughout. Elegant wrought iron stair balusters with a hardwood handrail and oak starter step lead you up, past the soaring cathedral ceilings. Upstairs, enjoy movie nights in the private media room or host game night in the large game room. Your new back yard is an anytime staycation. Step outside into your own resort-style retreat. The backyard is an entertainer's paradise, complete with a sparkling pool, built-in spa, expansive stone decking, and a full outdoor kitchen and bar beneath a shaded pergola. A separate sitting area and lush landscaping provide serenity and privacy, making it ideal for both relaxing evenings and weekend gatherings. Whether you're hosting a summer barbecue or enjoying a peaceful night under the stars, the outdoor space offers unmatched ambiance. Ideally located with easy access to Hwy 75, Sam Rayburn Tollway (121), and US 380, commuting is a breeze. Minutes from top employers such as Raytheon, Medical City McKinney, and Emerson, to name a few. Enjoy upscale shopping and dining at Adriatica Village Stonebridge Ranch, The Shops at Legacy, Craig Ranch, and the Allen Premium Outlets. This is McKinney luxury living at its finest and homes in this area do not stay on the market long-schedule your private tour today!
Unit Size
3,198 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
$84
Year Built
2003

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20942745)

Price History

Date / Event Date Event Price
Jul 8, 2025 Sold
Sold
Jun 10, 2025 In contract -
In contract
May 30, 2025 Listed by Century 21 Mike Bowman, Inc. $750,000
Listed by Century 21 Mike Bowman, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 591
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,813
  • Total Building Area: 3,788
  • Gross Building Area: 3,824
  • Building Area: 3,197
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,197
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHTWOOD (CMC)
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BRIGHTWOOD (CMC), BLK C, LOT 13

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030546

Geography

  • Assessors Map Reference: 537-D
  • District: CMC
  • Parcel: R-8071-00C-0130-1
  • Block: C
  • Lot: 13
  • Municipality: MCKINNEY CITY
  • Latitude: 33.211
  • Longitude: -96.711

    Address

  • Full Address: 7201 Faraday Ln
  • Address - House Number: 7201
  • Address - Street Name: Faraday
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R082
  • 4-Digit Zip Code: 4785
  • Zip Code: 75071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $850,979
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 686,378
  • High Value: 836,863
  • Low Value: 535,894

    Market Valuation

  • Market Total Value: $683,534
  • Market Land Value: $140,000
  • Market Improvement Value: $543,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,807
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $543,534

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2007
  • Current Sale Recording Date: Sep 14, 2007
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20070914001286630
  • Previous Sale Recording Date: Jan 06, 2004
  • Previous Sale Contract Date: Dec 31, 2003
  • Previous Sale Amount: $291,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Stonebridge Ranch


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5021 Blackelm Drive, McKinney, TX, 75071 Listing by Tommy Lim


Frequently Asked Questions

When was property at 7201 Faraday Lane built and last sold?
The property at 7201 Faraday Lane was built in 2003 and last sold on Sep 6, 2007 for $285,000.
How much is this home worth?
The estimated value of the home located at 7201 Faraday Lane is $0.
What are some comparable homes to 7201 Faraday Lane?
There are currently no comparable homes to 7201 Faraday Lane.