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$343,888

509 Cypress Garden Drive, McKinney, TX, 75071

$447,054 ARVInfo
Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths3,729 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.06 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Private Yard

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8347-00D-0230-1
Lot Number23
SubdivisionTrinity Heights Phase One (Cmc)
Land UseResidential
Legal DescriptionTRINITY HEIGHTS PHASE ONE (CMC), BLK D, LOT 23
Census Tract030901
Assessed Land Value$105,000
Assessed Improvement Value$238,888
Assessment Year2025

About this property

Modern updates, generous space, and a premium greenbelt lot define this standout home at 509 Cypress Garden. Featuring 5 bedrooms, 5 full baths, and a layout designed for both function and style, this property shines with its upgraded finishes and natural light. The backyard is the showstopper — a sparkling pool and spa paired with unobstructed greenbelt views, creating a rare combination of privacy and outdoor living. Two bedrooms downstairs. Upstairs has three more bedrooms, a large game room and media room. Access to laundry room through the master bathroom. A must-see for buyers seeking space, updates, and a true retreat. Located in Stonebridge with access to the beach and tennis club, tennis courts, pools and miles of walking trails. Easy access to Highway 380 and 75, restaurants and shopping. Zoned for top tier McKinney ISD schools.

Investor Tools

Property Icon
$343,888
Estimated Property Value
$0Estimated Mortgage Balance
$64,639Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$447,054
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
$1,053/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,681
$343,888
2025
$105,000
$238,888
$343,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,681
$343,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$295,000
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,249
$64,639
18%
81%
$1,769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,822/mo
$-122/mo
9.4%

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 Cypress Garden Drive | Property Details | No Agent List