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$317,000

521 Willet Dr, McKinney, TX, 75069

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,357 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater

Building Information

Year Built2025
Stories2
Garage Spaces2

Land Information

APNR-13479-00N-0050-1
Lot Number5
SubdivisionSimpson Crossing
Land UseResidential Single Family
Legal DescriptionSIMPSON CROSSING PHASE 3, BLK N, LOT 5
Census Tract031007
Assessed Land Value$63,000
Assessment Year2025

About this property

2025 Newly Built – Never Lived In! This beautiful 4-bedroom, 2.5-bath home is move-in ready and offers modern comfort with timeless style. Enjoy the elegant white cabinets paired with speckled white granite countertops, creating a bright and inviting kitchen space. Located just off US 380, this home provides quick access to McKinney, Frisco making your commute easy and efficient. Spend more time enjoying life with the wonderful amenities Simpson Crossing has to offer — , a community playground, resort-style pool, greenbelt, and cabana. Appliances included: Refrigerator, Washer, and Dryer are already installed for your convenience. Quick qualifying process

Investor Tools

Property Icon
$317,000
Estimated Property Value
$247,500Estimated Mortgage Balance
$72,386Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$63,000
2025
$63,000
N/A
$63,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$63,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$247,500
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,614
$72,386
22%
77%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,484/mo
+$1,088/mo
9.7%

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.

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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521 Willet Dr | Property Details | No Agent List