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$502,000

NAL Estimated Property Value

5028 Birchwood Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.47 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2010
Stories2
Garage Spaces2

Land Information

APNR-8937-00G-0310-1
Lot Number31
SubdivisionHeatherwood Phase One (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE ONE (CMC), BLK G, LOT 31
Census Tract030301
Assessed Land Value$115,000
Assessed Improvement Value$382,800
Assessment Year2025

About this property

New 30 year comp shingles 5-18. Open and welcoming floor plan! Spacious entry leads to split guest suite & dining room. Great for entertaining with huge kitchen and a large amount of cabinets and serving space. The cheerful kitchen has granite counters and breakfast nook overlooking backyard. The family room is open and includes a stone WBFP. Oversized, luxury bayed Master suite, master bath features dual sink, garden tub, separate shower & walk in closet. Upstairs you have 2 bedrooms, gameroom & media room that makes great flex space. Covered back patio. Located down the street from community pool & playground. Close to shopping, restaurants, medical offices & Baylor Hospital.

Investor Tools

Property Icon
$502,000
Estimated Property Value
$184,606Estimated Mortgage Balance
$317,394Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,610
$497,800
2025
$115,000
$382,800
$497,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,610
$497,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$204,500
No
First
Apr 29, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,606
$317,394
63%
37%
$1,227/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,622/mo
+$1,078/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.

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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5028 Birchwood Dr | Property Details | No Agent List