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$481,880

NAL Estimated Property Value

5020 Grampian Way, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,539 Sq Ft
price_per_sqft$196.93 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringVinyl

Exterior

Private PoolPrivate Pool

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4142-00F-0060-1
Lot Number6
SubdivisionVillages Of Lake Forest Phase Ii (Cmc)
Land UseResidential
Legal DescriptionVILLAGES OF LAKE FOREST PHASE II (CMC), BLK F, LOT 6
Census Tract030548
Assessed Land Value$126,000
Assessed Improvement Value$355,880
Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE BY 4-3 @MIDNIGHT***Meticulously maintained 4 bd 2.1 bth home in the amazing Villages of Lake Forest Subdivision! Walking into this stunning home you’re met with soaring ceilings & beautiful new durable LVP floors. The formal dining sits at the front of the home & is adorned with lovely molding & plantation style shutters which you will find throughout the entire home. In the fully remodeled kitchen you will find ss appliances, quartz countertops & an oversized under mount sink. The bright & airy breakfast room & living room are just steps away making this home a dream for entertaining! The living room is the heart of the home with sky high ceilings & a relaxing fireplace which is where all your new family memories will be made! The master suite has an incredible accent wall, double vanity sinks & an enormous walk-in closet. Upstairs you will find 3 more graciously sized bedrooms, a spacious game room with built in desk & another bathroom.

Investor Tools

Property Icon
$481,880
Estimated Property Value
$457,106Estimated Mortgage Balance
$24,774Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,983
$481,880
2025
$126,000
$355,880
$481,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,983
$481,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$495,000
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,106
$24,774
5%
95%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,433/mo
+$87/mo
8.8%

Learn About the Market: Opportunity in Texas

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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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5020 Grampian Way | Property Details | No Agent List