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B+
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Days46Days on Market
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$465,000

5004 Rain Forest Dr, McKinney, TX, 75070

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.07 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Wood

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APNR-4289-00R-0380-1
Lot Number38
SubdivisionEldorado Heights Section Ii Phase Xi (Cm
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE XI (CMC), BLK R, LOT 38
Census Tract030515
Assessed Land Value$104,500
Assessed Improvement Value$357,636
Assessment Year2025

About this property

Move right in to this charming, four-bedroom gem nestled on a peaceful cul-de-sac in a welcoming neighborhood. The home instantly impresses with a soaring two-story entry and hardwood floors extending throughout the main level. The main floor is designed for both entertaining and everyday living. You'll love the spacious, French Country eat-in kitchen, a true heart of the home, featuring granite countertops, subway tile backsplash, under-cabinet lighting, a large pantry, and newer stainless steel appliances. The cozy, custom breakfast nook with built-in bench seating flows seamlessly into the family room, complete with a gas fireplace. A separate formal dining room offers flexibility for large gatherings or can serve as a second downstairs living space. For the modern professional, a private downstairs office boasts high ceilings and a stylish sliding barn door for quiet focus. Upstairs, the home continues to impress with newer carpeting throughout. A large second living area or game room provides a perfect hang-out spot. The spacious Primary Suite is a true retreat, featuring a dramatic sliding barn door entry, dual vanities, a separate shower and tub, and an extended walk-in closet. All secondary bedrooms are well-sized, each featuring a walk-in closet and ceiling fan for comfort. Outside, enjoy the shaded backyard and look forward to harvesting the amazing, sweet peaches from your very own large peach tree. Close to neighborhood school, walking paths along creek and park. Don't miss this opportunity for a blend of comfort, charm, and convenience!

Investor Tools

$321,444Estimated Mortgage Balance
$143,556Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

Interested in this property?

Wayne Myers

Keller Williams Prosper Celina

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,198
$462,136
2025
$104,500
$357,636
$462,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,198
$462,136

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$343,125
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,444
$143,556
30%
69%
$2,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,408/mo
+$782/mo
8.2%

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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5004 Rain Forest Dr | Property Details | No Agent List