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$535,000

4720 Tippett Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.36 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance

Building Information

Year Built2025
Stories2
Garage Spaces2

Land Information

APNR-13606-00C-0210-1
Lot Number21
SubdivisionPainted Tree Woodland West
Land UseResidential Single Family
Legal DescriptionPAINTED TREE WOODLAND WEST PHASE 2 (CMC), BLK C, LOT 21
Census Tract030201
Assessed Land Value$80,000
Assessment Year2025

About this property

Brand New Centre Living Homes community here in Painted Tree Woodlands West! Come see the charming Winspear Plan in our NEW Painted Tree Woodlands West development, located 30 miles north of Dallas and just west of 1-75 near downtown Mckinney. Explore miles of greenways, pathways, nature trails, and breathtaking pools in this amazing community. Centre Living Homes offers this popular 4 bedroom, 3 bath home with lofted game room space for intimate gatherings, dining nook for friends and family get togethers, open living spaces, walk in closets in each room, tons of storage and functional sanctuary spaces for the whole family! Enjoy a spacious family room with vaulted ceilings and oversized primary and secondary bedrooms, utility room, two car garage with owner's entry! Highly acclaimed McKinney School district coupled with a low 1.78% tax rate with no PID or MUD makes this a rare find! Ask us about our lender incentives with our partnered lender to lock you in a competitive rate! Home to be completed THIS FALL!!! ASK ABOUT OUR LENDER INCENTIVES!!! - a rare find indeed! ASK US ABOUT OUR CURRENT INCENTIVES! Home to be complete this fall!! Pictures are just renderings of future elevation and floorplan. *

Investor Tools

Property Icon
$535,000
Estimated Property Value
$499,129Estimated Mortgage Balance
$39,490Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,275 /month
Positive
Cash Flow Estimate:
$1,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$80,000
2025
$80,000
N/A
$80,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$80,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$499,129
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,510
$39,490
7%
93%
$2,993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,263/mo
+$257/mo
7.9%

Learn About the Market: Opportunity in Texas

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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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4720 Tippett Dr | Property Details | No Agent List