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$502,255

NAL Estimated Property Value

5209 Highlands Dr, McKinney, TX, 75070

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.02 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCeramic Tile

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APNR-3576-00K-0100-1
Lot Number10
SubdivisionEldorado Heights Section Ii Phase Ii (Cm
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE II (CMC), BLK K, LOT 10
Census Tract030515
Assessed Land Value$130,000
Assessed Improvement Value$372,255
Assessment Year2025

About this property

Welcome to 5209 Highlands Drive, a warm and inviting two-story brick home in the heart of McKinney. This property combines timeless style, modern updates, and one of the most convenient locations in North Texas. Inside, you’ll find a bright and open layout with tall ceilings, large windows, and two spacious living areas perfect for relaxing or entertaining. The home features fresh paint throughout and a fully updated kitchen with new countertops, white cabinetry, and a sunny breakfast nook that looks out to the backyard. The main floor offers multiple living and dining spaces, giving you flexibility for work-from-home, family gatherings, or quiet nights in. Upstairs, the private primary suite includes a beautifully remodeled bathroom with a frameless glass shower, dual vanities, and a large walk-in closet. Three additional bedrooms plus an office or flex room provide plenty of space for everyone. Step outside to enjoy the covered patio and peaceful backyard — ideal for morning coffee, weekend barbecues, or a play area for kids and pets. Living here means you’re minutes from Historic Downtown McKinney, Stonebridge shopping and dining, and major roads like 121, 75, and the Dallas North Tollway, making commutes to Plano, Frisco, or Dallas simple. You’ll also enjoy access to highly rated McKinney ISD schools and nearby parks, trails, and community amenities. McKinney is known for its small-town charm, strong sense of community, and vibrant local scene — consistently ranked as one of the Best Places to Live in America. If you’re looking for a move-in ready home with space, comfort, and unbeatable value in McKinney — this is the one to see.

Investor Tools

Property Icon
$502,255
Estimated Property Value
$408,924Estimated Mortgage Balance
$93,331Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,014 /month
Positive
Cash Flow Estimate:
$1,005 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,954
$502,255
2025
$130,000
$372,255
$502,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,954
$502,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Unknown
$38,000
No
First
Jun 21, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,924
$93,331
18%
81%
$2,507/mo

Learn About the Market: Opportunity in Texas

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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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5209 Highlands Dr | Property Details | No Agent List