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Financing available

$575,000

8520 Backwater Bay Cove, McKinney, TX 75071

5
beds
4.5
baths
3,233
sqft

Est. with seller financing: $5,223/mo

  • Single-family
  • Built in 2018
  • 6,490 sq ft lot
  • $178/sqft
  • $125/mo HOA
  • Collin County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Welcome to 8520 Backwater Bay Cove, McKinney, Texas, a stunning Highland Homes residence offering exceptional design, space, and craftsmanship. This quality-built home features 5 bedrooms, 4.5 bathrooms, a dedicated office, and a formal dining room, providing flexibility for both everyday living and entertaining. From the moment you enter, you’ll notice the upscale finishes including plantation shutters, engineered hardwood floors, 8-foot solid core doors, and tall windows that flood the home with natural light. The thoughtfully designed floor plan includes two bedrooms downstairs and three bedrooms upstairs, ideal for multigenerational living or guest accommodations. The chef’s kitchen is the heart of the home, showcasing an oversized island with ample seating, abundant cabinetry, and a generously sized oversized pantry. A tankless water heater adds efficiency and convenience. Step outside to enjoy the covered patio, perfect for relaxing or entertaining year-round. Residents enjoy resort-style amenities including two clubhouses, a community pool, and a fitness center, along with a short stroll to the neighborhood park and school. The added convenience of a fire station located within the community enhances peace of mind. This beautifully appointed home offers space, style, and an unbeatable lifestyle in one of McKinney’s premier communities. Information provided is deemed reliable, but is not guaranteed and should be independently verified by the buyer.

Facts & features

Interior

Features

  • Eat In Kitchen
  • Kitchen Island

Heating & cooling

  • Heating: Central
  • Cooling: Central Air, Ceiling Fans

Flooring

  • Carpet
  • Engineered Hardwood
  • Tile

Appliances

  • Some Gas Appliances
  • Convection Oven
  • Dishwasher
  • Gas Cooktop
  • Microwave
  • Plumbed For Gas
  • Tankless Water Heater

Fireplace

  • Fireplaces: 1
  • Gas

Laundry

  • Washer Hookup
  • Dryer Hookup

Exterior & lot

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Garage Faces Front

Pool

  • Community

Community

Neighborhood

  • Subdivision: Trinity Falls Planning Unit 3 Ph 1b

HOA

  • CCMC

Schools

  • District: McKinney ISD
  • Elementary: Ruth and Harold Frazier
  • Middle: Johnson
  • High: McKinney North

Financial & listing details

Listing

  • Price per sq ft: $178
  • County: Collin
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$5,223/mo

Principal & interest
$4,164/mo
Property taxes
$666/mo
Homeowners insurance (est.)
$268/mo
HOA dues
$125/mo
Loan amount
$517,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

Your next home may have more than one path to ownership.

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Finding the right home is half the equation. Financing that works for your situation is the other half. This home may be eligible for our seller financing, also called owner financing, an option for buyers a traditional mortgage hasn't worked for.

It may be worth a look if you:

Available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly. All financing is subject to underwriting, eligibility, program guidelines, and approval.

Check Your Financing Options

How our financing program works

  1. 1

    Get qualified

    Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.

  2. 2

    Make it your home

    Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.

  3. 3

    Own it

    It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

Listing courtesy of John Martellini, Texas Elite Realty · MLS #21184109 · 214-592-9600

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. MLS status: Active (available for sale). Information is deemed reliable but not guaranteed and should be independently verified. NTREIS data is for viewing on this site only and may not be reproduced or redistributed. Last updated Oct 9, 2026.

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