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$475,000

520 Rustic Oak Lane, McKinney, TX, 75072

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.16 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APNR-10987-00I-0170-1
Lot Number17
SubdivisionValor Pointe - The Reserve At Westridge
Land UseResidential
Legal DescriptionVALOR POINTE - THE RESERVE AT WESTRIDGE PHASE 16 ( CMC), BLK I, LOT 17
Census Tract030537
Assessed Land Value$147,000
Assessed Improvement Value$366,039
Assessment Year2025

About this property

The 2016-built residence offers a tranquil and comfortable living experience, situated in a cul-de-sac within the well maintained Valor Point community and located in a highly regarded Prosper ISD. It features 4 spacious bedrooms and 2.5 bathrooms. The kitchen boast granite countertops, ample cabinet space and a central island, next to the living room with a cozy fireplace and a nice space for entertaining family and friends. A covered patio provides an ideal setting for entertainment and relaxation. Do not miss this opportunity to reside in a fast-growing, family friendly city of Mckinney. Schedule your tour now!!!

Investor Tools

$324,478Estimated Mortgage Balance
$188,561Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

Interested in this property?

Hermel Videna

Herald Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,097
$513,039
2025
$147,000
$366,039
$513,039
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,097
$513,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$356,000
No
First
Oct 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,478
$188,561
36%
63%
$2,135/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,400/mo
+$620/mo
7.1%

City: McKinney