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$533,000

NAL Estimated Property Value

2817 Highridge Drive, McKinney, TX, 75071

$560,168 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,416 Sq Ft
price_per_sqft$235.89 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-13103-00D-0060-1
Lot Number6
SubdivisionPainted Tree Lakeside West
Land UseResidential Single Family
Legal DescriptionPAINTED TREE LAKESIDE WEST PHASE 2 (CMC), BLK D, LOT 6
Census Tract030605
Assessed Land Value$145,860
Assessed Improvement Value$312,427
Assessment Year2025

About this property

Move-in ready open concept single-story in Painted Tree’s Lakeside District with NO PID or MUD. Open concept Energy Star certified home on 60 foot lot with vaulted ceilings, large kitchen island with quartz counters. Oversized primary suite with dual vanities, garden tub with separate walk-in shower. Additional three bedrooms (or two bedrooms and a study), full bath and stylish powder bath for guests. Covered patio steps out to grassy yard for kids and pets to play. Spray foam insulation, tankless water heater and Honeywell thermostat. Enjoy miles of walking trails, fish stocked lake, pools and event lawns inspired by our National Parks. Enjoy one of DFW’s newest developments just a short drive to Historic Downtown McKinney, established grocers, restaurants, and dining!

Investor Tools

Property Icon
$533,000
Estimated Property Value
$447,208Estimated Mortgage Balance
$85,792Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$560,167
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,419 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,594
$458,287
2025
$145,860
$312,427
$458,287
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,594
$458,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$455,920
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,208
$85,792
16%
84%
$2,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,004/mo
+$516/mo
7.9%

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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