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$1,150,000

512 Sea Side Ln, McKinney, TX, 75072

PendingInfo
Beds3 Beds
Baths5 Bath
Baths3,192 Sq Ft
price_per_sqft$360.28 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool

Building Information

Year Built2007
Stories3
Garage Spaces2

Land Information

APNR-9128-00C-0050-1
Lot Number5
SubdivisionAdriatica Villa District (Cmc)
Land UseResidential
Legal DescriptionADRIATICA VILLA DISTRICT (CMC), BLK C, LOT 5
Census Tract030531
Assessed Land Value$300,000
Assessed Improvement Value$720,954
Assessment Year2025

About this property

Nestled in the heart of the highly sought-after Adriatica Village, this stunning home offers luxury living with timeless European-inspired charm. Featuring 3 bedrooms, with option for 4th bedroom, a private office, and multiple outdoor living spaces, which includes a large living space including kitchenette on 3rd level. This exceptional home is designed for both elegance and comfort. The beautifully designed courtyard pool serves as the centerpiece of the home, surrounded by serene views and multiple patios perfect for entertaining or relaxing. Inside, rich hardwood flooring flows throughout the home, complementing the sophisticated architectural details and abundant natural light. Enjoy spacious living across three levels with flexible living spaces and an elevator shaft already in place for future conversion possibilities. Thoughtfully designed, a washer dryer hookup in the primary closet. Ideally located within walking distance to Adriatica’s boutique shopping, dining, and waterfront atmosphere, this rare property combines luxury, convenience, and resort-style living in one of McKinney’s most unique communities.

Investor Tools

$767,075Estimated Mortgage Balance
$253,879Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,813/month
$2,303/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,657
$1,020,954
2025
$300,000
$720,954
$1,020,954
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,657
$1,020,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$840,000
No
First
Dec 9, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$767,075
$253,879
24%
75%
$5,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$7,340/mo
$-5,020/mo
2.7%

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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512 Sea Side Ln | Property Details | No Agent List