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B+
NoAgentList RatingHow are grades calculated?Info

$449,757

NAL Estimated Property Value

4905 Highlands Dr, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,231 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.77 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APNR-3458-00L-0080-1
Lot Number8
SubdivisionEldorado Heights Phase B3 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS PHASE B3 (CMC), BLK L, LOT 8
Census Tract030550
Assessed Land Value$115,000
Assessed Improvement Value$334,757
Assessment Year2025

About this property

PRICE IMPROVEMENT!!! **Charming McKinney Retreat: Light, Bright, and Beautifully Updated** Discover the perfect blend of style and comfort in this delightful 4-bedroom, 2-bath home in the heart of McKinney, TX. Offering a serene escape from the hustle and bustle, this home combines modern updates with timeless features, ideal for those seeking a cohesive and inviting living space. Step inside to an open floor plan that effortlessly connects the living, dining, and kitchen areas, creating an ideal environment for entertaining or everyday living. Sunlight pours through the generous windows, highlighting the fresh, modern decor and offering a light and bright atmosphere throughout the home. The heart of this residence is the beautifully updated kitchen, featuring new paint, state-of-the-art brand new appliances, and ample counter space that invites culinary creativity. Adjacent to the kitchen, the dining area provides a cozy spot for meals and gatherings. The primary suite is a sanctuary of relaxation, boasting a newly updated ensuite bathroom complete with a sleek new shower that ensures an indulgent, spa-like experience. Three additional bedrooms offer versatility for guests, a home office, or additional living space as needed. The lifestyle of this property extends outdoors to an expansive, extended back patio. Perfect for outdoor dining or simply unwinding, this area overlooks a meticulously landscaped backyard, setting the stage for gardening, play, or entertaining. Additional practical features include a 2-car garage, providing ample storage and convenience. Conveniently located in McKinney, this home offers easy access to local amenities, shopping, and top-rated schools, making it a truly desirable find. Experience the perfect combination of warmth, style, and modern convenience in this meticulously cared-for home.

Investor Tools

Property Icon
$449,757
Estimated Property Value
$427,922Estimated Mortgage Balance
$21,835Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,023
$449,757
2025
$115,000
$334,757
$449,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,023
$449,757

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Unknown
$431,048
No
First
Dec 17, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,922
$21,835
4%
95%
$2,585/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,785/mo
$-345/mo
6.5%

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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4905 Highlands Dr | Property Details | No Agent List