$525,000
●
House -
Off Market
8401 Lanners Drive
McKinney, TX 75072
3 Beds
1 Bath,
1
Half Bath
2,305 Ft²
$2,658
Est. Monthly
$79
HOA / Fees
5.53%
Cap Rate
About This Property
Welcome to 8402 Lanners Drive, McKinney, nestled on a quiet street
backing up to the creek and greenbelt in the heart of Falcon Creek
the moment you arrive you will enjoy the mature landscaping. Step
inside and you will enjoy the light bright open floor plan, formal
dining with dual fireplace going through to the living room.
Kitchen with stainless steel appliance including gas cook top,
granite counters and island, pantry and breakfast nook. Some
planation shutters and engineered wood floors in the family,
dining, and primary bedroom. With ensuite to include garden tub,
separate vanities and separate shower, large walk-in closet. Game
room, perfect for a playroom or office space, separate laundry and
powder bath. Two well-appointed bedrooms with closets and a full
bathroom. Beautiful backyard with patio and gazebo overlooking the
greenbelt and creek. 2 car garage. Beach club, swim up lagoon and
sandy beach are part of the amenities included in your Stonebridge
Ranch HOA membership.
Unit Size
2,305 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
$79
Year Built
1998
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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: 3 years ago (NTREIS #20584278)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by Coldwell Banker Apex, REALTORS | $524,950 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Mar 22, 2024 | Listed by Coldwell Banker Apex-Frisco | $549,950 | |
| Listed by Coldwell Banker Apex-Frisco | |||
| | |||
|
Welcome to 8402 Lanners Drive, McKinney, nestled on a quiet street backing up to the creek and greenbelt in the heart of Falcon Creek the moment you arrive you will enjoy the mature landscaping. Step inside and you will enjoy the light bright open floor plan, formal dining with dual fireplace going through to the living room. Kitchen with stainless steel appliance including gas cook top, granite counters and island, pantry and breakfast nook. Some planation shutters and engineered wood floors in the family, dining, and primary bedroom. With ensuite to include garden tub, separate vanities and separate shower, large walk-in closet. Game room, perfect for a playroom or office space, separate laundry and powder bath. Two well-appointed bedrooms with closets and a full bathroom. Beautiful backyard with patio and gazebo overlooking the greenbelt and creek. 2 car garage. Beach club, swim up lagoon and sandy beach are part of the amenities included in your Stonebridge Ranch HOA membership. The manager has listed the unit size as 2305 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Stonebridge Ranch
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Listed by: Rachael Hill, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20584278
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20584278
Details provided by NTREIS and may not match the public record
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