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$440,000

NAL Estimated Property Value

10116 Placid Dr, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,751 Sq Ft
price_per_sqft$145.4 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Private Yard, Storage

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8488-00I-0050-1
Lot Number5
SubdivisionHeights At Westridge Phase I The (Cmc)
Land UseResidential
Legal DescriptionHEIGHTS AT WESTRIDGE PHASE I THE (CMC), BLK I, LOT 5
Census Tract030536
Assessed Land Value$135,000
Assessed Improvement Value$270,500
Assessment Year2025

About this property

Nestled in the Heights at Westridge a part of McKinney & Frisco ISD, this spacious 4-bedroom, 2.5-bathroom home offers the perfect combination of style, functionality, and convenience. Recent updates include foundation work completed 2024 with transferrable warranty, recent paint and upgraded lighting fixtures. Located just minutes from I-75, 121, 380, and downtown, this property ensures an easy commute. Don't miss this opportunity to make a spacious, ideally located and affordable home, yours!

Investor Tools

Property Icon
$440,000
Estimated Property Value
$372,160Estimated Mortgage Balance
$67,840Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,051
$405,500
2025
$135,000
$270,500
$405,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,051
$405,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$381,170
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,160
$67,840
15%
85%
$2,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,611/mo
+$409/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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10116 Placid Dr | Property Details | No Agent List