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$518,780

NAL Estimated Property Value

501 Wichita Trl, McKinney, TX, 75071

SoldInfo
7/25/26
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,949 Sq Ft
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 2013

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-8925-00C-0010-1
Lot Number1
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK C, LOT 1
Census Tract030701
Assessed Land Value$132,000
Assessed Improvement Value$386,780
Assessment Year2025

About this property

If you are looking for bright, modern, new, ample space, upgrades, and inside an established neighborhood? Then get ready to fall in love with this beautifully upgraded and fully renovated home, thoughtfully updated in 2024 with new flooring, carpet, countertops, wiring, appliances, and a double oven. From the moment you step inside, you’re welcomed by a grand entrance and elegant modern hallway leading to a designated office, a guest bedroom, spacious living area, and an open-concept kitchen featuring ample counter space perfect for entertaining and everyday living. The primary suite is conveniently located on the first floor and offers a private ensuite bath with an extended shower and a walk-in closet,. Downstairs provides another guest bedroom equating to two bedrooms downstairs. Upstairs, you’ll find two generously sized secondary bedrooms along with a large game room and media room already wired for sound with a media closet and shelving. Additional highlights include all hardwood flooring downstairs, premium padding with updated stair flooring, plugs installed behind the TV, a cozy wood-burning fireplace, and newer fencing. Situated on a large corner lot, the backyard offers plenty of space for entertaining, relaxing, and play. Located just 0.7 miles from Inspiration Park and splash pad, minutes away from HEB and local eateries, this home truly has it all. Come and be amazed every step of the way as you tour this exceptional property!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,509
$518,780
2025
$132,000
$386,780
$518,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,509
$518,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$289,151
Yes
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,952
$224,828
43%
57%
$1,941/mo

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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