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B+
NoAgentList RatingHow are grades calculated?Info

$416,297

NAL Estimated Property Value

5004 Grampian Way, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,113 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.55 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3563-00F-0020-1
Lot Number2
SubdivisionVillages Of Lake Forest Phase I (Cmc)
Land UseResidential
Legal DescriptionVILLAGES OF LAKE FOREST PHASE I (CMC), BLK F, LOT 2
Census Tract030548
Assessed Land Value$120,000
Assessed Improvement Value$296,297
Assessment Year2025

About this property

Stunning 4bdrm, 2bath home in highly coveted McKinney TX! Bright and airy floorplan with 2113 sq ft of inviting living space, freshly painted walls, and LVP floors throughout. Abundance of natural light creates a serene and peaceful ambiance. Soaring vaulted ceilings and crown molding add an elegant touch of luxury and style to every room. Immaculate kitchen boasts crisp white cabinetry, SS appliances, NEW dishwasher, NEW garbage disposal. Primary bdrm features an en-suite bath with granite countertops, dual sinks, and a generously sized WI closet. Secondary bdrms offer ample space to accommodate king-sized beds comfortably. 4th bdrm serves as a versatile flex space, ideal for an office or bdrm. Outside, enjoy the Texas sunshine with a short stroll to the nearby community pool. High school and elem school are just a short walking distance away. Popular Bonnie Wenk Park is nearby as well as a plethora of shopping and restaurants. New HVAC and new water heater are added bonuses.

Investor Tools

Property Icon
$416,297
Estimated Property Value
$407,466Estimated Mortgage Balance
$8,831Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,669 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
$565/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,138
$416,297
2025
$120,000
$296,297
$416,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,138
$416,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$422,655
No
First
May 21, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,466
$8,831
2%
98%
$2,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,100/mo
+$420/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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5004 Grampian Way | Property Details | No Agent List