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$560,083

NAL Estimated Property Value

3209 Sprucewood Drive, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.74 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Building Information

Year Built2008
Stories2
Garage Spaces4

Land Information

APNR-9504-00J-0590-1
Lot Number59
SubdivisionHeatherwood Phase Two B (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE TWO B (CMC), BLK J, LOT 59
Census Tract030301
Assessed Land Value$126,500
Assessed Improvement Value$433,583
Assessment Year2025

About this property

OFFER DEADLINE MONDAY APRIL 13TH 10 AM. Located in the desirable Heatherwood community and zoned to Prosper ISD, this beautifully updated two-story home offers space, style, and exceptional functionality on a premium oversized corner lot adjacent to a greenbelt. Featuring 5 bedrooms, 3 full baths, and 1 half bath, the thoughtfully designed open floor plan includes a formal dining room, a private home office with glass French doors, a spacious game room, and an upstairs loft for additional living space. The inviting living room centers around a cozy fireplace and flows seamlessly into a chef inspired eat in kitchen, complete with a large center island, breakfast nook, and upgraded stainless steel appliances. The primary suite offers a relaxing retreat with dual sinks, a walk in shower, and generous space, while the additional bedrooms provide flexibility for family or guests. Car enthusiasts and hobbyists will love the custom oversized three-car garage, extended an additional 8 feet and equipped with a heater. Step outside to enjoy the extended covered patio with built-in speakers, overlooking a large fenced backyard, perfect for relaxing or entertaining. Permanently installed Jellyfish lighting around the property adds to the ambiance, which can change color to match the season or holiday! Conveniently located just minutes from parks, playgrounds, and top rated Prosper ISD schools, this home blends comfort, upgrades, and location into one exceptional opportunity.

Investor Tools

Property Icon
$560,083
Estimated Property Value
$428,943Estimated Mortgage Balance
$131,140Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$979/month
$219/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,943
$560,083
2025
$126,500
$433,583
$560,083
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,943
$560,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Fha
$457,875
Yes
First
Dec 12, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,943
$131,140
23%
77%
$2,746/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.

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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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3209 Sprucewood Drive | Property Details | No Agent List