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$492,016

NAL Estimated Property Value

1308 Lazy Ln, McKinney, TX, 75072

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.69 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Hardwood

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8175-00O-0270-1
Lot Number27
SubdivisionWinsor Meadows At Westridge Phase 1 (Cmc
Land UseResidential
Legal DescriptionWINSOR MEADOWS AT WESTRIDGE PHASE 1 (CMC), BLK O, LOT 27
Census Tract030539
Assessed Land Value$120,000
Assessed Improvement Value$372,016
Assessment Year2025

About this property

All Offers Due 12 at 8:00 PM. Located in the sought-after Westridge Golf Community and zoned to Frisco ISD's Heritage High School, this corner-lot home is just steps from the community pool, playground, and amenities center. A rare floorplan featuring two potential bedrooms on the first floor, including the private primary suite and a flexible front room that can serve as an office or secondary bedroom with a full bath adjacent. Features include honey-toned LVP flooring, fresh paint, granite countertops, a spacious primary bath with dual vanities, soaking tub, and walk-in closet, plus a large backyard. Exceptional value in one of McKinney's most desirable communities.

Investor Tools

Property Icon
$492,016
Estimated Property Value
$263,391Estimated Mortgage Balance
$229,719Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,528
$492,016
2025
$120,000
$372,016
$492,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,528
$492,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$298,300
No
First
Jun 9, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,391
$228,625
46%
54%
$1,789/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.

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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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1308 Lazy Ln | Property Details | No Agent List