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$899,900

$929,900

1516 Portico Place, McKinney, TX, 75069

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths3,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.57 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesOutdoor Grill

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12348-00A-0050-1
Lot Number5
SubdivisionVintage Place (Cmc)
Land UseResidential
Legal DescriptionVINTAGE PLACE (CMC), BLK A, LOT 5
Census Tract030802
Assessed Land Value$210,000
Assessed Improvement Value$544,822
Assessment Year2025

About this property

A rare opportunity to own a one of a kind modern farmhouse just minutes from Downtown McKinney, with easy access to shopping, dining, and everyday conveniences. Designed for both daily living and effortless entertaining, this 5 bedroom home offers two bedrooms on the main level, a private home office with barn door, and an upstairs game room wired for surround sound. The groin vaulted family room creates a stunning focal point with a sleek linear fireplace and floor to ceiling stone. The open concept kitchen blends function and style with shaker cabinetry, Omegastone slab countertops, a large island, stainless steel appliances, a 5 burner gas cooktop, and thoughtful storage throughout. The primary suite is a true retreat featuring a spa inspired bath with a freestanding tub, dual vanities, a designer tile shower, and direct access to the laundry room. Step outside to a covered patio with a fully equipped outdoor kitchen, perfect for hosting or relaxing year round. Additional highlights include 8-foot doors on the main level, a full oak staircase with wrought iron balusters, and energy-efficient features including R38 insulation and a radiant barrier roof deck.

Investor Tools

Property Icon
$960,000
Estimated Property Value
$0Estimated Mortgage Balance
$838,488Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,760 /month
Positive
Cash Flow Estimate:
$1,920 /month

Interested in this property?

Melanie Caple

Caple & Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,534/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,613
$754,822
2025
$210,000
$544,822
$754,822
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,613
$754,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Stand Alone Second / Subordinate Position
$127,500
No
First
Nov 30, 2023
Dec 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,512
$838,488
87%
13%
$765/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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1516 Portico Place | Property Details | No Agent List