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$839,900

4505 Summit View Drive, McKinney, TX, 75071

$895,926 ARVInfo
Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths4,361 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.59 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APNR-13103-00L-0090-1
Lot Number9
SubdivisionPainted Tree Lakeside West
Land UseResidential Single Family
Legal DescriptionPAINTED TREE LAKESIDE WEST PHASE 2 (CMC), BLK L, LOT 9
Census Tract030605
Assessed Land Value$167,739
Assessed Improvement Value$276,007
Assessment Year2025

About this property

Oversized NORTH facing lot!! New construction multigenerational floorplan with media room in Painted Tree’s Lakeside District with NO PID or MUD. Open concept Energy Star certified home on 66 x 122 lot looks out to lake and lush tree tops surrounding walking trails. High ceilings, large double pane windows, oversized kitchen island with quartz counters, pendant lighting for family dining and entertaining. Retreat to spacious primary suite with dual vanities, walk-in shower and separate closets. Second full bedroom suite down plus large study. Four more bedrooms, game and media rooms upstairs. Covered patio steps out to grassy yard for kids and pets to play. Spray foam insulation, tankless water heater and Honeywell thermostat. Steps away from 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! Ask about our Lender Incentives!!

Investor Tools

Property Icon
$742,000
Estimated Property Value
$0Estimated Mortgage Balance
$130,147Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$895,925
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,039 /month
Positive
Cash Flow Estimate:
$1,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,151
$443,746
2025
$167,739
$276,007
$443,746
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,151
$443,746

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$620,000
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$611,853
$130,147
17%
82%
$3,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,988/mo
$-1,288/mo
4.4%

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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4505 Summit View Drive | Property Details | No Agent List