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$380,067

NAL Estimated Property Value

5208 Spicewood Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,563 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.95 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4582-00T-0370-1
Lot Number37
SubdivisionEldorado Heights Section Ii Phase Ix (Cm
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE IX (CMC), BLK T, LOT 37
Census Tract030515
Assessed Land Value$94,050
Assessed Improvement Value$286,017
Assessment Year2025

About this property

AFFORDABLE ONE STORY HOME W FANTASTIC UPDATES IN DESIRABLE MCKINNEY NEIGHBORHOOD. Inviting floor plan w kitchen, dining, living rm w gas log fireplace plus 3 bedrms, 2 baths and 2 car garage. Updated kitchen features granite countertops, tile backsplash, bar seating and tons of cabinet storage. Spacious Master Suite is separate from other bedrms; includes upgraded tile floors and remote controlled ceiling fan. Master bath has beautiful tile accents, updated light fixtures and sink faucets as well as dual sinks, garden tub, separate shower and walk in closet. Two roomy bedrms and a full bath w updated tile floors are great for family and guests. Relax outside on covered patio and enjoy low maintenance backyard.

Investor Tools

Property Icon
$380,067
Estimated Property Value
$110,166Estimated Mortgage Balance
$269,901Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,644
$380,067
2025
$94,050
$286,017
$380,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,644
$380,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$124,000
No
First
Aug 7, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,166
$269,901
71%
29%
$744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,094/mo
+$1,346/mo
7.7%

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.

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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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5208 Spicewood Dr | Property Details | No Agent List