7309 Darrow Drive
About This Property
Positioned on a large lot with an expansive backyard, this property provides both privacy and versatility. A generous covered patio transitions seamlessly to an open-air entertaining space, creating multiple outdoor living areas. The spa hot tub is surrounded by lush landscaping and colorful mature trees, delivering a peaceful retreat ideal for relaxation or hosting guests year-round.
Inside, an open-concept floor plan is thoughtfully designed for entertaining while maintaining everyday comfort. Abundant natural light fills the living spaces, enhancing the home's warm and welcoming atmosphere. The recently refreshed, chef-inspired kitchen serves as the heart of the home, featuring a large gathering island, double ovens including convection, and elegant Taj Mahal quartzite countertops with a coordinating backsplash that elevate both style and function.
A private office with French doors is conveniently located near the primary suite, offering a quiet workspace. At the entry, a versatile den can function as a formal dining room, secondary office, or additional sitting area to suit your needs.
Completing the home is an oversized two-car garage with dedicated space for a workshop or additional storage. Located within highly acclaimed Prosper ISD, this property presents a rare opportunity to enjoy single-story living on a premier lot in one of McKinney's most desirable communities.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Compass RE Texas, LLC | $674,900 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017