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$541,590

NAL Estimated Property Value

5201 Forest Lawn Dr, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,784 Sq Ft
price_per_sqft$192.17 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters, Private Yard

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3563-00B-0050-1
Lot Number5
SubdivisionVillages Of Lake Forest Phase I (Cmc)
Land UseResidential
Legal DescriptionVILLAGES OF LAKE FOREST PHASE I (CMC), BLK B, LOT 5
Census Tract030548
Assessed Land Value$138,000
Assessed Improvement Value$403,590
Assessment Year2025

About this property

Located in the Villages of Lake Forest, this spacious one-story home is ready for its new owners. It offers five bedrooms and three bathrooms, with one bedroom ideally suited for use as a home office or guest room. The entryway opens to a formal living and dining area, perfect for entertaining. The kitchen features stainless steel appliances, a walk-in pantry, a large island, a breakfast bar, and a cozy breakfast nook. The primary owner's suite includes an ensuite bathroom that connects to a secondary bedroom. This versatile space can be used as an office, recreational room, craft room, nursery, or anything else that suits your needs—the possibilities are endless. The primary bathroom boasts dual vanities, a garden tub, an oversized shower, and two closets. Enjoy the outdoors on the covered patio, with a backyard that includes a dog run, an eight-foot capped privacy fence, a decorative gate, and mature trees providing ample shade. Recent updates include a new roof (2022) and replaced HVAC systems (2016 & 2019). Conveniently located near Highways 380 and 75, this home offers easy access to dining, shopping, and more.

Investor Tools

Property Icon
$541,590
Estimated Property Value
$411,974Estimated Mortgage Balance
$129,616Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,250 /month
Positive
Cash Flow Estimate:
$1,083 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,309
$541,590
2025
$138,000
$403,590
$541,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,309
$541,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$420,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,974
$129,616
23%
76%
$2,519/mo

Learn About the Market: Opportunity in Texas

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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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5201 Forest Lawn Dr | Property Details | No Agent List