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$4,500

1616 Colonnade Ct, McKinney, TX, 75069

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesWater Purifier, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12348-00A-0150-1
Lot Number15
SubdivisionVintage Place (Cmc)
Land UseResidential
Legal DescriptionVINTAGE PLACE (CMC), BLK A, LOT 15
Census Tract030802
Assessed Land Value$241,500
Assessed Improvement Value$623,500
Assessment Year2025

About this property

Discover luxurious living in this stunning 5-bedroom, 4-bathroom Grand Home in the highly desirable McKinney, TX! This like-new property boasts an impressive floor plan, high-end finishes, open layout with a gratuitous amount of natural light and an array of exceptional features that are sure to impress. Floorplan features primary plus secondary bedrooms downstairs, with an open study and dining area. The family room, complete with a cozy fireplace, flows seamlessly into the gourmet kitchen featuring large countertops, top-of-the-line appliances, and ample storage space. The primary suite is a true oasis, featuring a spa-like bathroom and incredible walk-in closet. The home's upstairs features 3 more bedrooms with 2 full bathrooms, a generously sized loft-area, plus an additional game room that is perfect for added get-togethers and movie nights. The proximity to historic downtown McKinney & being right next to McKinney Highschool are wonderful perks. Full Home Water Filtration + RO in the Kitchen. 2 hour notice for any showings during the weekdays.

Investor Tools

$673,536Estimated Mortgage Balance
$278,585Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Jesus Diaz

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,653/month
$860/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,087
$865,000
2025
$241,500
$623,500
$865,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,087
$865,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$692,000
No
First
Nov 1, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$673,536
$215,464
24%
71%
$4,149/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1616 Colonnade Ct | Property Details | No Agent List