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$453,184

NAL Estimated Property Value

5104 Fringetree Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
price_per_sqft$227.76 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,250 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-10148-00Y-0180-1
Lot Number18
SubdivisionHeatherwood Phase Three B (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE THREE B (CMC), BLK Y, LOT 18
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$313,184
Assessment Year2025

About this property

Welcome to this beautifully maintained one-story home located in the highly sought-after Heatherwood neighborhood! With 3 spacious bedrooms, 2 full bathrooms, and a dedicated home office, this home offers a versatile floor plan perfect for families, remote professionals, or anyone seeking comfort and convenience. The open-concept layout is enhanced by rich hardwood floors that flow seamlessly throughout the main living areas, creating a warm and inviting atmosphere from the moment you walk in. The updated kitchen is a chef’s dream, featuring sleek countertops, modern cabinetry, stainless steel appliances, and a large center island that opens to the dining and living areas—ideal for entertaining or everyday living. Natural light fills the space, highlighting the thoughtful design and cohesive flow throughout the home. Step outside to your own private oasis! The beautifully designed outdoor pergola area offers a shaded retreat perfect for morning coffee, weekend BBQs, or evening relaxation. The backyard provides plenty of space for kids, pets, or gardening enthusiasts to enjoy. Located in the award-winning Prosper ISD, this home is just a short walk from the highly rated Baker Elementary School, as well as several neighborhood parks, green spaces, and playgrounds. You’ll love the convenience of being close to a variety of shopping, dining, and entertainment options, and with Baylor Scott & White Medical Center less than a quarter mile away, healthcare access is quick and easy. Whether you’re looking to grow your family, simplify your lifestyle, or enjoy everything this vibrant community has to offer, this home has it all—comfort, style, and location. Don’t miss your chance to own a move-in-ready home in one of the area’s most desirable neighborhoods!

Investor Tools

Property Icon
$453,184
Estimated Property Value
$285,327Estimated Mortgage Balance
$167,857Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,719 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,797
$453,184
2025
$140,000
$313,184
$453,184
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,797
$453,184

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$290,000
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,327
$167,857
37%
63%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,339/mo
+$361/mo
7.1%

City: McKinney

5104 Fringetree Dr | Property Details | No Agent List