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Street view of 6700 Knollwood Dr, McKinney, TX 75072, USA

6700 Knollwood Dr, McKinney, TX 75072, USA

Estimated Market Value

$0
Range: $930,749 - $1,137,583
Zillow Zestimate®: $1,100,100
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Valuation Comparison

Our Estimate
$1,034,166
Range: $930,749 - $1,137,583
Zillow Zestimate®View on Zillow
$1,100,100
Range: $1,045,095 - $1,166,106
30-Day Trend
-$500(0.0%)

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

5Beds
5Baths
4,381SqFt
2003Built
2Garage

AI Property Analysis

Nestled in the desirable Tanglewood at Stonebridge Ranch subdivision, this spacious two-story residence at 6700 Knollwood Dr in McKinney, TX, offers over 4,300 square feet of comfortable living space. Built in 2003 and effectively updated by 2005, the home features 5 generous bedrooms and 5.5 bathrooms, providing ample room for family and guests. With 10 rooms in total, there’s plenty of flexibility to create dedicated spaces for work, relaxation, and entertainment. The home boasts an attractive frame construction with a classic brick exterior, set upon a solid slab foundation and topped with a composition shingle roof. Key amenities include central air conditioning and heating for year-round comfort, a cozy fireplace for cooler evenings, and a refreshing private pool, perfect for enjoying the Texas summers. The property also features a welcoming covered porch and an attached two-car garage, providing both convenience and curb appeal. Situated on a quarter-acre lot (approximately 11,325 square feet), the property offers a good balance of outdoor space for recreation without demanding excessive maintenance. Having recently changed hands in July 2024, this home presents a fantastic opportunity for new owners to personalize and enjoy a well-appointed property in a thriving community, reflecting its considerable market value and potential for lasting appeal.

Capital Gains Tax Analysis

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$329,266
Based on estimated value of $1,034,166 minus purchase price of $704,900
Based on public records, this property has been owned for approximately 2.1 years. A homeowner may qualify for the Section 121 exclusion if all IRS requirements — including ownership, use as a primary residence, and timing — are satisfied. Public property records alone cannot determine individual eligibility. Consult a qualified tax professional.

Single Filer

Up to $250K Exclusion

Protected Amount:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $79,266

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$329,266
Capital Gains Rate:20%
Potential Tax Savings:$65,853

Tax Liability Comparison

* This analysis is a simplified illustration based on an assumed 20% federal capital gains tax rate. It does not account for state taxes, depreciation recapture, the Net Investment Income Tax (3.8%), AMT, or individual circumstances. The Section 121 exclusion has specific IRS requirements regarding ownership, use, and timing that cannot be determined from public property records alone. This platform is not acting as a tax adviser, accountant, or attorney. Consult a licensed CPA or tax attorney to evaluate your specific situation. Calculation date: August 2026.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$367,637

These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.

Equity Breakdown

Cost to Build Today$920,010
Investor Quick-Sale Est.$670,140
Monthly Rental Est.$4,137/mo
📊 Assumptions Used in This Analysis: Home appreciation rate: 3.5% (long-term U.S. historical average) • S&P 500 return: 10% (historical average, not guaranteed) • High-yield savings: 5% (current estimate, subject to change) • Bonds/CDs: 4% (current estimate) • Insurance: 0.4% of home value annually • Maintenance: 1% of home value annually • Opportunity cost: 5% annually • Mortgage balance: estimated from public purchase records assuming 30-year fixed, 20% down, 5% interest rate • Property taxes are NOT included • All projections are hypothetical illustrations and do not guarantee future results. Past performance is not indicative of future returns.

Your Appreciation Story

Your Annual Return20.5%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$277,531Growth above historical 3.5% baseline

Your home has appreciated at 20.5% per year — well above the historical average of 3.5%. This extraordinary growth was driven by recent market conditions that are unlikely to repeat. Understanding this context is key to making smart decisions about your equity. Past performance does not guarantee future results.


What Could Your Equity Do?

If you sold today and invested your $367,637 equity in the S&P 500, in 10 years it could grow to $953,555 — compared to an estimated $911,193 in total equity by staying in the home. These projections are hypothetical. Investment returns are not guaranteed and involve risk of loss.


The Hidden Cost of Holding

Insurance (0.4% est)$345/mo
Maintenance (1% est)$862/mo
Opportunity Cost (5% est)$1,532/mo
Total Monthly Holding Cost$2,738/mo

* Estimates do not include property taxes (county, city, school, or special district). Actual costs vary significantly by location and individual circumstances. This platform is not acting as a financial or investment adviser.

The estimated monthly cost of holding this property is approximately $2,738/month. This includes an estimated $1,532/month in opportunity cost — the hypothetical return that equity could earn if invested elsewhere. These figures are estimates and actual costs will vary.

Market Pulse

Market Temp
☀️ Warm

Steady appreciation and consistent buyer interest suggest a balanced market favoring sellers.

Your Neighborhood

Welcome to McKinney, consistently ranked as one of the best places to live, offering a fantastic blend of suburban charm and vibrant community life. Living in the Tanglewood at Stonebridge Ranch area means you're part of a highly sought-after, master-planned community, known for its excellent amenities, family-friendly atmosphere, and top-tier educational opportunities within the McKinney Independent School District. The current real estate market here remains robust, with strong demand for quality homes, allowing owners to benefit from consistent property appreciation and a desirable lifestyle.

Market Trend Projections

1 Year Forecast$1,070,362Range: $1.1M - $1.1M
3 Year Forecast$1,146,598Range: $1.1M - $1.3M
5 Year Forecast$1,228,265Range: $1.1M - $1.5M

Estimated Monthly Equity Gain
+$3,016/mo

Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.

☀️Market Outlook & Sell Window

Good conditions — consider listing in the next 6-12 months

* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 2.0%, Moderate: 3.5%, Aggressive: 8.0%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.

⚖️ This analysis is for informational purposes only and does not constitute an appraisal, tax advice, legal advice, or investment advice. The platform and its operators are not acting as appraisers, accountants, attorneys, investment advisers, or tax advisers. Valuations shown are estimates based on publicly available data and automated models — they are not formal appraisals. Financial projections are illustrative and not guaranteed. Always consult with qualified professionals before making any real estate, financial, or tax decisions.
Nick Good

Report Generated By

Nick Good

The Good Home Team - eXp Realty

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