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$371,652

NAL Estimated Property Value

505 Osage Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.31 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8925-00B-0020-1
Lot Number2
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK B, LOT 2
Census Tract030701
Assessed Land Value$120,000
Assessed Improvement Value$251,652
Assessment Year2025

About this property

HOUSE WITH A POOL UNDER $400k! Welcome home to this beautiful former model home in McKinney offering 3 bedrooms, 2 bathrooms and a beautiful in-ground pool. All with one of the lowest property tax rates in all of Collin County with no MUD or PID. Walk in and be amazed with tall ceilings throughout. This kitchen is a chefs dream with recently updated countertops and backsplash. Overlooking the kitchen is a large 16x19 living room with fireplace and wood flooring. Large 15x15 master bathroom features a sitting nook with large windows overlooking the beautiful backyard and pool. Two generously sized secondary bedrooms and second bathroom complete the layout. Step outside and be in awe with a beautiful in-ground pool featuring stone coping and PebbleTec plaster that not only looks incredible, but is long-lasting. Enjoy easy access to I-75 and 121, plus nearby amenities including an elementary school, splash park, playground, basketball court, and jogging trails. New HVAC 2024. New carpet 2024. New Water heater 2022. New Pool pump 2021.

Investor Tools

Property Icon
$371,652
Estimated Property Value
$393,773Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,309 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$297/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,484
$371,652
2025
$120,000
$251,652
$371,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,484
$371,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$363,288
Yes
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,773
N/A
0%
106%
$2,397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,694/mo
+$6/mo
8.7%

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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505 Osage Dr | Property Details | No Agent List