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B+
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$500,000

509 Audubon Dr, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.97 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR-3900-00K-0100-1
Lot Number10
SubdivisionFalcon Creek Phase Iv (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE IV (CMC), BLK K, LOT 10
Census Tract030525
Assessed Land Value$120,000
Assessed Improvement Value$367,425
Assessment Year2025

About this property

One Story Highland Home In Stonebridge Ranch Falcon Creek Neighborhood. Features 4 bedrooms and a Formal Dining Room, which could be used as a study. A large living area anchors the floor plan and features a gas or wood fireplace with custom mantle shelving. The kitchen is bright and open, featuring granite counters, stainless steel appliances, pull-out drawers, a gas stove, and white cabinetry. A relaxing owner's suite, separated from the secondary bedrooms, is spacious, featuring a sitting area, a jetted garden tub, and a nicely sized closet. The backyard is primarily private, featuring a patio and a wooden arbor. An OVERSIZED Garage helps with Storage Space or serves as a work area for projects. You'll love being within walking distance of an award-winning McKinney ISD elementary school and parks. Enjoy the Infrastructure of this one-of-a-kind master-planned community, featuring mature trees, 2 Country Club Golf Courses, a Fee-Paid Golf Course, greenbelt areas, and miles of walking and biking trails throughout Stonebridge. HOA includes full access to the Aquatic Center, beach club, tennis club, pickleball courts, fishing ponds, and more. Enjoy the feeling of neighborhood seclusion, yet with super-close access to Grocery Stores like Sprouts, Whole Foods, HEB, Walmart, and Home Depot, as well as numerous restaurants. A transferable homeowner residential service warranty can be transferred, helping new buyers avoid the exclusion of coverage denials that often arise with new warranty coverage.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$144,500Estimated Mortgage Balance
$306,760Estimated Equity
71% 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
$416/month
$1,003/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,493
$487,425
2025
$120,000
$367,425
$487,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,493
$487,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Service First Mortgage Co
Unknown
$144,500
No
First
Feb 24, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,240
$306,760
61%
39%
$1,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,737/mo
+$283/mo
7.2%

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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509 Audubon Dr | Property Details | No Agent List