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$669,000

516 Georgia St, McKinney, TX, 75069

$823,156 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.77 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size6,273 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12975-00A-0100-1
Lot Number10
SubdivisionCollege Street Manor (Cmc)
Land UseResidential
Legal DescriptionCOLLEGE STREET MANOR (CMC), BLK A, LOT 10
Census Tract030802
Assessed Land Value$220,000
Assessed Improvement Value$449,000
Assessment Year2025

About this property

Spanning 3,080 square feet, Stoneleigh is a gorgeous two-story floor plan with 4 bedrooms, 3.5 bathrooms and a 2-car garage. The home’s sizable front porch offers 155+ square feet of covered shade, while the back porch offers nearly 200 square feet of covered space. Upon entering the home, you’re greeted by a beautiful u-shaped staircase that pays homage to historical staircases. Space abounds with a grand foyer with two-story cathedral ceiling, and continues with a huge pantry, oversized primary-bedroom closet and large upstairs game room. The laundry room at the rear of the home is perfect for play clothes drop-offs. Move In Ready!

Investor Tools

Property Icon
$669,000
Estimated Property Value
$535,200Estimated Mortgage Balance
$147,264Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$823,156
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,392
$669,000
2025
$220,000
$449,000
$669,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,392
$669,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$535,200
No
First
Dec 10, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$521,736
$147,264
22%
78%
$3,209/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,409/mo
$-2,437/mo
3.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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516 Georgia St | Property Details | No Agent List