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$530,000

209 Ledgenest Dr, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.74 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APNR-3341-00B-0150-1
Lot Number15
SubdivisionFalcon Creek Phase Ii (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE II (CMC), BLK B, LOT 15
Census Tract030525
Assessed Land Value$120,000
Assessed Improvement Value$436,937
Assessment Year2025

About this property

Rare opportunity to own a beautiful home in an established neighborhood with 100% of updating and improvements complete. It is move-in ready. In fact, if you think any of the 8 newer TVs, furniture or artwork fit you perfectly, then they can be offered separately. This fully-renovated home sits in the Falcon Creek neighborhood of Stonebridge Ranch. You and your family will be a short half block from the highly-rated neighborhood elementary school and park. The park includes baseball diamonds, basketball, soccer and football fields, a covered pavilion, activity area and catch-and-release pond. You can easily access shopping and amenities or stay home, as the house was carefully and creatively remodeled by the current owners, with a focus on entertaining and having a private oasis. Sit in front of your 110in interior fireplace or enjoy a quiet night on the back patio next the poolside fireplace and enjoy the pool and spa. Come take a look today and find your perfect home.

Investor Tools

Property Icon
$556,937
Estimated Property Value
$480,000Estimated Mortgage Balance
$92,696Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,342 /month
Positive
Cash Flow Estimate:
$1,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,560
$556,937
2025
$120,000
$436,937
$556,937
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,560
$556,937

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$480,000
No
First
Jul 2, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,241
$92,696
16%
83%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,603/mo
$-583/mo
6.5%

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.

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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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209 Ledgenest Dr | Property Details | No Agent List