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$379,000

505 Rocky Pine Road, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.69 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10987-00P-0140-1
Lot Number14
SubdivisionValor Pointe - The Reserve At Westridge
Land UseResidential
Legal DescriptionVALOR POINTE - THE RESERVE AT WESTRIDGE PHASE 16 ( CMC), BLK P, LOT 14
Census Tract030537
Assessed Land Value$140,000
Assessed Improvement Value$389,399
Assessment Year2025

About this property

Fantastic 4 bed 2 and half bath home located in sought after Mckinney community!!This home has it all and boasts hardwood flooring,granite counters,Frigidaire Gallery appliances including double ovens, gas cooktop,upgraded vent as well as undercounter lighting,soaring ceilings,flat screen wiring,gas logs,surround sound inside and out,wired for 5.1, smart switches and smart thermostat, solar screens and so much more.Fabulous outdoor space including extended patio with covered and open areas, gas hook up for grill, perfect for entertaining or just relaxing with the family! PROSPER ISD-Walk to Furr Elementary.Take advantage of all Westridge Amenities including trails, playgrounds, pond, and resort pool-waterpark!

Investor Tools

Property Icon
$529,399
Estimated Property Value
$0Estimated Mortgage Balance
$273,528Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,176 /month
Positive
Cash Flow Estimate:
$1,059 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,108/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,644
$529,399
2025
$140,000
$389,399
$529,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,644
$529,399

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Independent Mortgage Inc
Conventional
$284,000
No
First
Mar 16, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,871
$273,528
51%
48%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,053/mo
+$967/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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 Rocky Pine Road | Property Details | No Agent List