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$428,391

NAL Estimated Property Value

501 Rock Ridge Way, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.52 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4639-00K-0190-1
Lot Number19
SubdivisionStone Brooke Crossing Phase Iii (Cmc)
Land UseResidential
Legal DescriptionSTONE BROOKE CROSSING PHASE III (CMC), BLK K, LOT 19
Census Tract030535
Assessed Land Value$120,000
Assessed Improvement Value$308,391
Assessment Year2025

About this property

Awesome Highland home with great open floor plan, vaulted ceilings & tons of updates! Large kitchen with granite counters, white cabinets, butcher-block work island, gas range, SS appliances, & 60-40 granite composite sink! Dining or Study in front. Master bedroom split from other BRs. Gorgeous master bath with huge stacked stone soaking tub & granite counters. Secondary bath has granite too! Spacious living room with gas logs & wood lam flooring overlooks shaded back yard with huge patio-pergola. Window seats throughout. Roof 2017. Quiet neighborhood with mature trees. Nearby highly rated schools. Community pool. Great location - close to abundance of parks, trails, shopping & more!

Investor Tools

Property Icon
$428,391
Estimated Property Value
$0Estimated Mortgage Balance
$428,391Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,570 /month
Positive
Cash Flow Estimate:
$857 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,439
$428,391
2025
$120,000
$308,391
$428,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,439
$428,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$428,391
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$115/mo
+$2,205/mo
6.5%

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.

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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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501 Rock Ridge Way | Property Details | No Agent List