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$659,435

NAL Estimated Property Value

3504 Leo Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,857 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.76 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,519 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-11207-00D-0430-1
Lot Number43
SubdivisionWilmeth Ridge North-Phase 1 (Cmc)
Land UseResidential
Legal DescriptionWILMETH RIDGE NORTH-PHASE 1 (CMC), BLK D, LOT 43
Census Tract030301
Assessed Land Value$175,000
Assessed Improvement Value$484,435
Assessment Year2025

About this property

PRICE REDUCTION!!! This Shaddock-built, West-facing, 4-bedroom, 3-bathroom, meticulously maintained, one-owner home located in the Wilmeth Ridge community and zoned to the highly acclaimed Prosper ISD just became an even more incredible opportunity! This exceptional property blends luxury finishes with a functional layout ideal for everyday living and entertaining. The thoughtfully designed floor plan features a first-floor private guest bedroom—perfect for in-laws or visitors—and a dedicated home office that adds both flexibility and convenience. The gourmet kitchen is a true standout, featuring a large center island, gas cooktop, walk-in pantry, and ample cabinetry—perfect for gathering with friends and family. The secluded primary suite boasts a spa-like bathroom with dual vanities, a garden tub, separate shower, and spacious walk-in closet. Solid core doors on the first floor enhance the sense of quiet luxury, while nailed-down hardwood flooring adds warmth and sophistication to the main living areas. Additional upscale touches include a custom combined mudroom and laundry space designed for everyday convenience with built-in storage and utility sink, plantation shutters and a built-in wine fridge. Upstairs, you’ll find two generously sized secondary bedrooms, each with walk-in closets, and a versatile loft space ideal for a media room, play area, or additional lounge. Enjoy relaxing evenings in the private backyard with a covered patio, or take advantage of the neighborhood’s fantastic amenities, including a pool, park, and scenic walking trails. This home is also within walking distance to Robinson Ridge Park, offering a splash-pad, playground, pickle-ball, basketball courts, and hike-and-bike trails across 15 acres of outdoor fun. Just 5 minutes from the new Whole Foods in McKinney! Ideally situated near top-rated schools, shopping, dining, and entertainment, this home is truly move-in ready.

Investor Tools

Property Icon
$659,435
Estimated Property Value
$402,780Estimated Mortgage Balance
$256,655Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,957 /month
Positive
Cash Flow Estimate:
$1,319 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,039/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,167
$659,435
2025
$175,000
$484,435
$659,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,167
$659,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$410,000
No
First
May 30, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,780
$256,655
38%
61%
$2,459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,009/mo
+$511/mo
6.4%

City: McKinney

3504 Leo Dr | Property Details | No Agent List