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$519,900

10709 Promenade Ter, McKinney, TX, 75072

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,771 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.62 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Water Heater, Gas Cooktop, Microwave

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10766-00C-0170-1
Lot Number17
SubdivisionReserve At Westridge Phase 19 The (Cmc)
Land UseResidential
Legal DescriptionRESERVE AT WESTRIDGE PHASE 19, THE (CMC), BLK C, LOT 17
Census Tract030537
Assessed Land Value$140,000
Assessed Improvement Value$430,984
Assessment Year2025

About this property

4 bedrooms + study, 2.5 bathrooms, and a 2-car garage located in the highly desirable Westridge master-planned community zoned to highly acclaimed Prosper ISD - known for preparing students for life beyond high school through AP classes, dual credit opportunities, and Career & Technical Education pathways. This thoughtfully designed floorplan features the primary suite downstairs along with a dedicated office or flex space at the front of the home, while upstairs offers 3 additional bedrooms plus a spacious game room. One of the bedroom is an en-suite with its own bathroom attached. Garage also an outlet ready for EV charger. The open-concept kitchen, breakfast nook, and living room with corner fireplace create one connected space where everyday life naturally happens. Unlike many older layouts, there are no oversized formal spaces wasting square footage — just practical living areas designed for how people live today. Enjoy resort-style community amenities including pools, parks, playgrounds, trails, and open green spaces throughout Westridge. Conveniently located near Hwy 380 and close to shopping, restaurants, grocery stores, and expanding retail along the Frisco corridor, everyday living becomes easier with so much nearby. A great opportunity for buyers seeking enough space, strong schools, community lifestyle, and convenience.

Investor Tools

$399,095Estimated Mortgage Balance
$174,189Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,426 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
$249/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,344
$570,984
2025
$140,000
$430,984
$570,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,344
$570,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Credit Line (Revolving) / Heloc
$63,700
No
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,095
$171,889
30%
70%
$2,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,880/mo
+$140/mo
6.3%

Learn About the Market: Opportunity in Texas

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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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10709 Promenade Ter | Property Details | No Agent List