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$400,000

NAL Estimated Property Value

5201 Bald Cypress Lane, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-8937-00H-0390-1
Lot Number39
SubdivisionHeatherwood Phase One (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE ONE (CMC), BLK H, LOT 39
Census Tract030301
Assessed Land Value$115,000
Assessed Improvement Value$280,243
Assessment Year2025

About this property

Great home located in sought after neighborhood of Heatherwood in Prosper ISD. Kitchen with included refrigerator has views to the dining room and spacious family room that has easy access to a covered patio. Open floor plan has split plan with 2 secondary bedrooms and a second living or gameroom space separate from the master suite. Secluded owners suite with views to a private backyard, a great size soaking tub, and walk-in closet. Nice size backyard features a covered patio. Ceramic tile throughout this home. Conveniently located near a Prosper elementary school, community pool, playgrounds and large city park. Great commute location between 75 and DNT plus close to all new shopping and dining!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,099
$395,243
2025
$115,000
$280,243
$395,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,099
$395,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Live Oak Banking Company
Commercial
$1,000,000
No
First
Feb 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$977,877
N/A
0%
244%
$5,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$5,996/mo
$-2,476/mo
10.6%

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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5201 Bald Cypress Lane | Property Details | No Agent List