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$479,130

5209 Pinewood Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,197 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.65 / sqft
Year BuiltBuilt in 2011

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
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size6,434 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APNR-10148-00W-0380-1
Lot Number38
SubdivisionHeatherwood Phase Three B (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE THREE B (CMC), BLK W, LOT 38
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$339,130
Assessment Year2025

About this property

CLEAN AS A WHISTLE AND READY FOR MOVE IN!! Large One Story! Nice Open Kitchen with Granite counters, 5 burner gas stove, built in microwave, tile floors and more! Cozy family room has gas log fireplace, laminate floors and ceiling fan. 4th bedroom is split with full bath next to it, would make a nice study or mother in law suite. 2nd and 3rd bedrooms are split from others and have carpet, ceiling fans and walk in closets. Backyard features covered patio, nice landscaping, wood fence and a nice storage shed. Great Location close to schools, HWY 380 and shopping! Don't miss this Gem!

Investor Tools

Property Icon
$479,130
Estimated Property Value
$254,000Estimated Mortgage Balance
$249,393Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,875 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,490
$479,130
2025
$140,000
$339,130
$479,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,490
$479,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$254,000
No
First
May 24, 2021
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,737
$249,393
52%
48%
$1,523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,718/mo
+$982/mo
6.8%

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 Pinewood Dr | Property Details | No Agent List