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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
ZZillow 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.

Your Capital Gains Tax Savings

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
Not quite eligible yet. You've owned this home for 1.9 years. You need 2 full years of primary residency to qualify for these tax savings.
⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

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 purely an estimate based on assumed 20% capital gains rates and available public data. We are not tax professionals. Please consult a licensed CPA to verify your exact eligibility and tax implications.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$367,637

Equity Breakdown

Cost to Build Today$920,010
Investor Quick-Sale Est.$670,140
Monthly Rental Est.$4,137/mo

Your Appreciation Story

Your Annual Return21.9%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$280,738Growth above historical 3.5% baseline

Your home has appreciated at 21.9% 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.


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.


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 county, city, or other annual property taxes.

While your home appreciates, it costs approximately $2,738/month to hold — including $1,532/month in opportunity cost from equity that could be earning interest elsewhere.

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 Predictions

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, your property generates passive wealth each month.

☀️Market Outlook & Sell Window

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

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Nick Good

Report Generated By

Nick Good

The Good Home Team - eXp Realty