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$629,000

NAL Estimated Property Value

509 James Herndon Trl, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,038 Sq Ft
price_per_sqft$207.04 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-9648-00D-0340-1
Lot Number34
SubdivisionInwood Hills Phase 1 (Cmc)
Land UseResidential
Legal DescriptionINWOOD HILLS PHASE 1 (CMC), BLK D, LOT 34
Census Tract030609
Assessed Land Value$140,000
Assessed Improvement Value$460,640
Assessment Year2025

About this property

Inwood Hills in McKinney is a tucked-away community along the winding creeks of North Texas. This beautifully designed home at 509 James Herndon Trail offers a three car garage and oversized backyard. An open living areas and abundant natural light, the home welcomes you with a dining space that could be used as a study. The kitchen features generous counter space, ample cabinetry, and seamless flow into the main living, dining and breakfast nook. The private primary suite provides a relaxing retreat with a spacious ensuite bath and walk-in closet, while the additional bedrooms offer flexibility for family, guests, a home office, or hobby space. Designed with both practicality and comfort in mind, the floor plan offers versatility to fit a variety of lifestyles. Step outside to enjoy the backyard, perfect for outdoor gatherings. Families love being just minutes from highly rated McKinney ISD schools like Minshew Elementary, Cockrill Middle School, and McKinney Boyd High School, all less than about five minutes away. Plus, you’re a short drive from Historic Downtown McKinney, with over 100 shops, dozens of restaurants, and a vibrant cultural district, giving you a perfect blend of suburban comfort and local city energy. This property is a great find.

Investor Tools

Property Icon
$629,000
Estimated Property Value
$254,357Estimated Mortgage Balance
$374,643Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,279
$600,640
2025
$140,000
$460,640
$600,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,279
$600,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gsf Mortgage Corp
Conventional
$284,000
No
First
Jan 4, 2021
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,357
$374,643
59%
40%
$1,703/mo

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 James Herndon Trl | Property Details | No Agent List