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$353,732

1028 Ridgecrest Dr, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.71 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1973-00E-0150-1
Lot Number15
SubdivisionEldorado Ridge (Cmc)
Land UseResidential
Legal DescriptionELDORADO RIDGE (CMC), BLK E, LOT 15
Census Tract030801
Assessed Land Value$85,500
Assessed Improvement Value$268,232
Assessment Year2025

About this property

This charming one-story gem boasts affordability without sacrificing luxury. A beautifully remodeled interior. The kitchen, overlooking a cozy living room with a gas fireplace, features granite countertops, stainless steel appliances, and refurbished cabinets. Adjacent is a versatile flex space perfect for dining or a home office. Retreat to the spacious primary bedroom featuring a recently updated en suite bath flooded with natural light, complete with a separate tub and shower, dual sinks, and a large walk-in closet. Two additional bedrooms offer comfort with a split floor plan for privacy. Updates abound, including a large single-bowl crushed granite kitchen sink and luxury vinyl tile flooring throughout, including bedrooms. Nestled in a prime location just minutes from major highways, downtown McKinney, and the Toyota Campus, convenience is key. ** For all queries please contact Listing Agent-2, Bruce Quernemoen at 214-551-9073. ** Send offers to: [email protected] ** Disclaimer: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Investor Tools

Property Icon
$353,732
Estimated Property Value
$351,140Estimated Mortgage Balance
$16,309Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,307
$353,732
2025
$85,500
$268,232
$353,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,307
$353,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$351,140
No
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,423
$16,309
4%
95%
$2,106/mo

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.

Explore Texas Explore This Area
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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1028 Ridgecrest Dr | Property Details | No Agent List