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$484,446

NAL Estimated Property Value

205 Ledgenest Dr, McKinney, TX, 75072

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,991 Sq Ft
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringTile

Exterior

Exterior FeaturesLighting

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR-3341-00B-0170-1
Lot Number17
SubdivisionFalcon Creek Phase Ii (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE II (CMC), BLK B, LOT 17
Census Tract030525
Assessed Land Value$120,000
Assessed Improvement Value$364,446
Assessment Year2025

About this property

Absolutely stunning! 4BR, 2BA home in coveted Stonebridge Ranch. Handsome details and upgrades from top to bottom. Gorgeous tile floors, solid wood doors, trim, crown molding, wood beams, vaulted ceilings, loads of built-ins and custom alder cabinetry with seeded glass. Granite in kitchen and bathrooms, stainless steel appliances, glass cooktop, center island and soft close drawers. New roof, HVAC, water heater all in 2017. Beautiful flagstone patio and spacious yard. Walking distance to highly rated Eddins Elementary. Amazing amenities in Stoneridge with pools, beach club, parks, trails, concerts.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,572
$484,446
2025
$120,000
$364,446
$484,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,572
$484,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$392,250
No
First
May 23, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,154
$106,292
21%
78%
$2,352/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,352/mo
+$668/mo
7.5%

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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205 Ledgenest Dr | Property Details | No Agent List