NOT LISTED FOR SALE

4898 Lake Shore Dr McKinney, TX 75071

Estimated Value: $1,276,534 - $1,637,000

4 Beds
3.5 Baths
5,476 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 27, 2021

Current estimated payment $8,979/month

5 Days on Market

Highlights

  • Boat Dock
  • Home fronts a creek
  • Community Lake
  • Scott Morgan Johnson Middle School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of April 2021

Unique custom private retreat in a park-like setting, on a one-of-a-kind, oversized, creek-lined, cul-de-sac lot. Professional builder's home (amazing building standards), with a delightful butterfly garden. Two separate work-from-home studies. This home is a techie's dream. Workout room. Media room with top of the line equipment that remains. Rock fireplace in massive family room. Exquisite kitchen. Fabulous outdoor living. Private master suite. Main floor guest suite. Two upstairs bedrooms. There is room for a pool in the backyard (HOA approval required).

Last Agent to Sell the Property

Ted Jacobsen

Better Homes and Gardens Real Estate, Winans License #0662755 Listed on: 03/15/2021

Better Homes and Gardens Real Estate, Winans

Last Buyer's Agent

Jay Marks

Jay Marks Real Estate License #0448337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,992

Year Built

  • Built in 2016

Lot Details

  • 1.28 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Landscaped
  • Interior Lot
  • Irregular Lot
  • Sprinkler System
  • Many Trees
  • Drought Tolerant Landscaping
  • Large Grassy Backyard

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Epoxy
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,476 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Park or Greenbelt Views

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet

Laundry

  • Full Size Washer or Dryer
  • Laundry Chute

Home Security

  • Burglar Security System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat
  • Enhanced Air Filtration

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters
  • Mosquito Control System

Location

  • Outside City Limits

Schools

  • Webb Elementary School
  • Johnson Middle School
  • Mckinney North High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • No City Services
  • Propane
  • Individual Gas Meter
  • Water Filtration System
  • Electric Water Heater
  • Water Softener
  • Aerobic Septic System
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 90 / B
  • Assessor Parcel Number R893600B09001
  • $13,741 per year unexempt tax

Community Details

Overview

  • Association fees include management fees
  • Waterstone Estates HOA, Phone Number (972) 943-2878
  • Waterstone Estates Sec I Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Boat Dock
  • Community Playground
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,992

Year Built

Built in 2016

Lot Details

0

HOA Fees

$129 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Deed, Development, Other
  • Security: Burglar, Carbon Monoxide Detector(s), Prewired, Security Lights, Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 170.74507
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Square Footage: 5476.00
  • Windows: Plantation Shutters, Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, Smart Home System, Sound System Wiring, Vaulted Ceiling(s), Wainscoting
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan, Water Filter, Water Softener, Electric Water Heater
  • Fireplaces: 2
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Room Count: 16

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Drainage, Utilities
  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Community Features: Community Dock, Gated, Lake, Park, Playground
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Fire Pit, Rain Gutters, Lighting, Mosquito Mist System, Outdoor Living Center
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Epoxy Flooring, Garage Door Opener, Garage, Garage Faces Side, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Propane, Zoned
  • LaundryFeatures: Full Size W/D Area, Laundry Chute
  • Utilities: Aerobic Septic, All Weather Road, City Water, Concrete, Individual Gas Meter, Individual Water Meter, No City Services, No Sewer, Outside City Limits, Private Road, Septic, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 1550
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Waterstone Estates HOA
  • HOA Management Company: 972-943-2878

Schools

  • School District: McKinney ISD
  • Elementary School: Webb
  • Middle School: Johnson
  • High School: McKinney North
  • School District: McKinney ISD
  • Elementary School: Webb
  • High School: McKinney North

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Cul-De-Sac, Few Trees, Interior Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Park View, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 1.2800
  • Parcel Number: R893600B09001
  • Lot Size Acres: 1.2800
  • Lot Size Sq Ft: 55756.8000

Green Features

  • Efficiency: Appliances, Drought Tolerant Plants, Enhanced Air Filtration, ET Irrigation Control, HVAC, Insulation, Low Flow Commode, Rain / Freeze Sensors, Thermostat, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2016

Tax Info

  • Unexempt Taxes: 13741
  • TaxBlock: B
  • Tax Lot: 90

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Johnson
  • Middle School Name: Johnson
  • Elementary School Name: Webb
  • High School Name: McKinney North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 27, 2021
Sold by
Martin Brad and Martin Bobbi Jo
Bought by
Patel Jayeshkumar B and Patel Falguniben C
Seller's Agent
Ted Jacobsen
Better Homes and Gardens Real Estate, Winans
Buyer's Agent
Jay Marks
Jay Marks Real Estate
List Price
$989,000
Current Estimated Value
$1,395,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$832,150
Outstanding Balance
$765,618
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$584,886

Purchase Details

Closed on
Dec 30, 2013
Sold by
Walter Chad R and Shoup Emily
Bought by
Martin Brad and Martin Bobbie Jo

Purchase Details

Closed on
Jan 3, 2006
Sold by
Lgi Land Ltd
Bought by
Walter Chad P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Jayeshkumar B -- Accommodation
Martin Brad -- None Available
Walter Chad P -- Tti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jayeshkumar B $832,150
Previous Owner Walter Chad P $71,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold -- -- --
03/20/2021 03/20/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $989,000 -- $181 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,992 $1,210,000 $312,500 $900,571
2023 $14,992 $1,100,000 $312,500 $815,500
2022 $16,287 $1,053,107 $250,000 $803,107
2021 $14,219 $892,227 $116,250 $775,977
2020 $13,868 $794,967 $112,500 $682,467
2019 $14,612 $789,000 $112,500 $676,500
2018 $14,626 $773,000 $100,000 $673,000
2017 $14,569 $770,000 $81,250 $688,750
2016 $13,635 $714,000 $93,750 $620,250
2015 $1,043 $135,000 $112,500 $22,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Ted Jacobsen

    Better Homes and Gardens Real Estate, Winans

    (469) 815-9898

    37 Total Sales

    Ted Jacobsen
    Section Image
  • Jay Marks

    Buyer's Agent in 2021

    Jay Marks

    Jay Marks Real Estate

    (817) 477-9050

    331 Total Sales

    Jay Marks
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14533040

North Texas Real Estate Information Systems (NTREIS)

APN: R-8936-00B-0900-1

Texas Collin County McKinney 75071

4898 Lake Shore Dr, McKinney, TX

This home is located at 4898 Lake Shore Dr, McKinney, TX 75071 since 15 March 2021 and is currently estimated at $1,395,134, approximately $254 per square foot. This property was built in 2016. 4898 Lake Shore Dr is a home located in Collin County with nearby schools including Webb Elementary School, Scott Morgan Johnson Middle School, and Mckinney North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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