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7005 Faraday Ln Mckinney, TX 75071 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$739K
$194.94/sqft
AVM Value
$785K
$206.94/sqft
AVM Value
$746K
$196.73/sqft
Value Range
$672K - $806K
Value Range
$734K - $836K
Value Range
$745,798
Confidence Score
91%

Margin of Error*: 9%
Confidence Score
93%

Margin of Error*: 7%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of May 2024.

5 Bed(s)
4 Full & 1 Half Bath(s)
3,791 Bldg Sqft.
7,578 Lot Sqft.

General Description

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7005 Faraday Ln (currently not for sale) is located in Brightwood subdivision in Collin County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 745,798/Appraisal District ($197/sqft.)
Address:
7005 Faraday Ln
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
BRIGHTWOOD (CMC), BLK A, LOT 2
Bedrooms:
5 Bedroom(s)
Baths:
4 Full & 1 Half Bath(s)
Stories:
2 /Appraisal District
Building Sqft.:
3,791 /Appraisal District
Year Built:
2005 /Appraisal District
Lot Size:
7,578 Sqft.  /Appraisal District
Garage(s):
3


Rooms/Lot Dimensions

Dining:
12 x 11, 1st
Kitchen:
15 x 13, 1st
Breakfast:
10 x 9, 1st
Primary Bedroom:
18 x 14, 1st
Bedroom:
13 x 12, 2nd
Bedroom:
15 x 12, 2nd
Bedroom:
13 x 11, 1st
Bedroom:
12 x 12, 2nd
Extra Room:
8 x 7, 2nd
Utility Room:
7 x 7, 1st
Living:
20 x 16, 2nd
Living:
20 x 16, 1st
Living:
14 x 12, 2nd
Den:
15 x 14, 1st



Interior Features

Fireplace:
1/Brick, Gas Logs, Stone
Heating:
Central, Natural Gas
Floors:
Carpet, Ceramic Tile
Appliances:
Built-in Gas Range, Dishwasher, Disposal, Double Oven, Microwave, Plumbed For Gas in Kitchen
Interior:
Cable TV Available, Decorative Lighting, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)
Security System:
Burglar, Carbon Monoxide Detector(s), Fire Alarm
Number Of Living Area:
3
Window:
Window Coverings


Exterior Features

Exterior:
Covered Patio/Porch, Rain Gutters
Exterior Type:
Brick
Private Pool:
No
Lot Description:
Few Trees, Interior Lot, Landscaped, Sprinkler System, Subdivision
Parking Space:
Garage 3 / Carport 0 / Covered Total 3
Utility:
City Sewer, City Water, Curbs, Sidewalk
Roof:
Composition
Foundation:
Slab
Fencing:
Wood
Garage Size:
38 X 20


Lot Information

  Lot Size: 7,578 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Single Detached
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $196.73 $745,798 18.99% $612,669 10.00%
2022 $165.34 $626,795 32.31% $556,972 17.57%
2020 $124.96 $473,729 1.94% $473,729 1.94%
2019 $122.59 $464,732 3.94% $464,732 3.94%
2018 $117.94 $447,103 1.97% $447,103 1.97%
2017 $115.66 $438,486 -2.00% $438,486 -0.63%
2016 $118.02 $447,427 11.53% $441,288 10.00%
2015 $105.82 $401,171 8.57% $401,171 8.57%
2014 $97.47 $369,497 5.81% $369,497 5.81%
2013 $92.12 $349,220 $349,220
2023 Collin County Appraisal District Tax Value
Market Land Value: $140,000
Market Improvement Value: $605,798
Total Market Value: $745,798

Tax History
2023 Assessed Value/Appraisal District: $612,669
2022 Assessed Value/Appraisal District: $556,972
2020 Assessed Value/Appraisal District: $473,729
2019 Assessed Value/Appraisal District: $464,732
2018 Assessed Value/Appraisal District: $447,103
2017 Assessed Value/Appraisal District: $438,486
2016 Assessed Value/Appraisal District: $441,288
2015 Assessed Value/Appraisal District: $401,171
2014 Assessed Value/Appraisal District: $369,497
2013 Assessed Value/Appraisal District: $349,220
Collin County Appraisal District
2023 Tax Rates
MCKINNEY CITY: 0.4275 %
COLLIN COUNTY: 0.1493 %
COLLIN CO COMMUNITY COLLEGE: 0.0812 %
MCKINNEY ISD: 1.1275 %
Total Tax Rate: 1.7855 %

Estimated Mortgage/Tax

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$3,958 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 2,848
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 1,110
Home Owners Insurance Get a Quote
$
Months
Years
$
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
J B Wilmeth Elementary School Elementary . KG - 05 . MCKINNEY ISD
Excellent

View Nearby Schools

7005 Faraday Ln is a 5 Beds, 4 Full Bath(s), property in Mckinney TX 75071. View photos, map, tax, nearby homes for sale, home values, school info...

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