$674,900
●
House -
Off Market
7301 Clear Rapids Drive
McKinney, TX 75071
5 Beds
4 Baths,
1
Half Bath
3,861 Ft²
$799,964
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Welcome to one the largest lots in Trinity Falls neighborhood.
This 5 bedroom, 4.5 bathroom 3 car garage with cedar doors is
welcoming you home. Upon entrance you will find beautiful wood
stairs as well as your home office with tons of natural light.
Guest can stay downstairs with their own attached bathroom.
Walk into your open floor plan with living room, formal
dining room and kitchen all in one grand area making it the perfect
layout for the entertainer. Master is tucked away giving
great privacy. Upstairs you will find a game room as well as
wired media room and two additional bedrooms with a Jack and Jill
bathroom. Outside you can have all your backyard oasis come
true with the size of this yard.
Unit Size
3,861 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
2016
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (NTREIS #14602817)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 6, 2023 | Listed by C21 Fine Homes Judge Fite | $875,000 | |
| Listed by C21 Fine Homes Judge Fite | |||
| | |||
|
Looking for your forever home? Say yes to this address & you'll never need to upgrade again. This stunning home in Trinity Falls has it all! From the winding staircase to the updated fireplace you will fall in love as you walk through this spacious home. It offers a large primary suite, study, half bath and guest suite on the main floor, while upstairs includes a game room, media room, two bedrooms separated by a jack n jill bath & one more bedroom and bathroom. The cook will enjoy entertaining in this large open floor plan, & there's tons of space to entertain in the backyard. The expansive yard would allow you to add a pool, spa, play area, putting green & more! In the meantime, relax at either of the community pools, visit the dog park, play at the parks & splash pads or enjoy the hike and bike trails. TF is conveniently located right off Hwy 75 w easy access to 380, DNT, 121 & George Bush. It's minutes from shopping & restaurants. Elem School is Zoned for Frazier, opening in Fall.
| |||
| Aug 17, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Ebby Halliday, REALTORS | $699,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
Welcome to one the largest lots in Trinity Falls neighborhood. This 5 bedroom, 4.5 bathroom 3 car garage with cedar doors is welcoming you home. Upon entrance you will find beautiful wood stairs as well as your home office with tons of natural light. Guest can stay downstairs with their own attached bathroom. Walk into your open floor plan with living room, formal dining room and kitchen all in one grand area making it the perfect layout for the entertainer. Master is tucked away giving great privacy. Upstairs you will find a game room as well as wired media room and two additional bedrooms with a Jack and Jill bathroom. Outside you can have all your backyard oasis come true with the size of this yard.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Collin
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Listed by: Rachel Jones, Ebby Halliday, REALTORS
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14602817
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14602817
Details provided by NTREIS and may not match the public record
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