NOT LISTED FOR SALE

8701 Paradise Dr McKinney, TX 75070

Craig Ranch Neighborhood

Estimated Value: $733,000 - $797,357

4 Beds
4 Baths
2,927 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 20, 2022

Current estimated payment $5,176/month

143 Days on Market

Highlights

  • Golf Course Community
  • New Construction
  • Wood Flooring
  • Scoggins Middle School Rated A
  • Vaulted Ceiling
  • Outdoor Living Area

About This Home

As of April 2022

New Grand Home in Craig Ranch FEB COMPLETION, North facing corner low maintenance homesite. Modern elevation w light brick & stone. 4 bedroom home w downstairs guest or home office. Vaulted family room has wood floors & 2 story tiled FP. Upstairs gameroom & Media Room wired for surround sound. Chefs kitchen has omegastone, Shaker cabs, 5 burner gas cooktop & island. Wrought iron balusters on stairs, hardwood floors & 8 ft doors. Outdoor living center. Master Bath has free standing tub. Craig Ranch is a family fitness neighborhood w miles of trails, golf course to join, gym, Michael Johnson sports training, ponds, playgrounds! Energy Star certified with R38 & 16SEER

Last Agent to Sell the Property

Stephen Brooks

Royal Realty, Inc. License #0313244 Listed on: 09/13/2021

Last Buyer's Agent

Saman Ilangasinghe

Texas Properties License #0546812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,725

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 44 x 90
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Drought Tolerant Landscaping

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,927 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • 12 Inch+ Attic Insulation

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Prewired Security
  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

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

Outdoor Features

  • Outdoor Living Area
  • Rain Gutters

Schools

  • Isbell Elementary School
  • Lawler Middle School
  • Emerson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number R1144700A00101

Community Details

Overview

  • Association fees include maintenance structure, management fees
  • Craig Ranch HOA, Phone Number (972) 548-9191
  • Tour At Craig Ranch, The Subdivision
  • Mandatory home owners association
  • Greenbelt

Recreation

  • Golf Course Community
  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,725

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Prewired, Security Lights, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • 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: 295.69320
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 2927.00
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker, Vented Exhaust Fan, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Golf, Greenbelt, Jogging Path/Bike Path, Other, Park, Playground
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone
  • Exterior Features: Rain Gutters, Outdoor Living Center

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: All Weather Road, City Sewer, City Water, Concrete, Curbs, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Management Fees
  • Association Fee: 305
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: craig ranch
  • HOA Management Company: 972-548-9191

Schools

  • School District: Frisco ISD
  • Elementary School: Isbell
  • Middle School: Lawler
  • High School: Emerson
  • School District: Frisco ISD
  • Elementary School: Isbell
  • High School: Emerson

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.0900
  • Lot Size: 44 x 90
  • Parcel Number: R1144700A00101
  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 3920.4000

Green Features

  • Efficiency: 12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants, Enhanced Air Filtration, HVAC, Rain / Freeze Sensors, Thermostat, Windows
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 1

Building Info

  • Year Built: 2022

Tax Info

  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Lawler
  • Middle School Name: Lawler
  • Elementary School Name: Isbell
  • High School Name: Emerson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Apr 19, 2022
Sold by
Grand Homes 2014 Lp
Bought by
Karnam Sudhakara N and Karnam Manjula Malapati
Seller's Agent
Stephen Brooks
Royal Realty, Inc.
Buyer's Agent
Saman Ilangasinghe
Texas Properties
List Price
$804,494
Current Estimated Value
$777,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.83%
Original Mortgage
$647,000
Outstanding Balance
$612,454
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$175,601
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Karnam Sudhakara N -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karnam Sudhakara N $647,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold -- -- --
02/03/2022 02/03/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $866,866 +5.1% $296 / Sq Ft
10/01/2021 10/01/21 Price Changed $824,494 +2.5% $282 / Sq Ft
09/13/2021 09/13/21 For Sale $804,494 -- $275 / 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
2023 $10,725 $744,734 $190,000 $554,734
2022 $10,431 $547,818 $123,200 $424,618
2021 $1,728 $85,800 $85,800 $0
2019 $1,543 $69,300 $69,300 $0
2018 $1,600 $70,400 $70,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Brooks

    Seller's Agent in 2022

    Stephen Brooks

    Royal Realty, Inc.

    (214) 750-6528

    13 in this area

    387 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Saman Ilangasinghe

    Texas Properties

    (469) 701-1240

    5 in this area

    331 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14669953

North Texas Real Estate Information Systems (NTREIS)

APN: R-11447-00A-0010-1

Texas Collin County McKinney 75070 Craig Ranch

8701 Paradise Dr, McKinney, TX

This home is located at 8701 Paradise Dr, McKinney, TX 75070 since 13 September 2021 and is currently estimated at $771,089, approximately $263 per square foot. This property was built in 2022. 8701 Paradise Dr is a home located in Collin County with nearby schools including Scoggins Middle 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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