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$479,630

NAL Estimated Property Value

5212 Cornerstone Dr, McKinney, TX, 75070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,820 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.26 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size28.19 acres

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APNR-10189-122-5212-1
Lot Number5212
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 122, UNIT 5212, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$339,630
Assessment Year2025

About this property

From the moment you arrive, the beautiful curb appeal of this home draws you in, with its charming architecture & covered front porch that’s perfect for morning coffee or evening chats. This one truly catches your eye before you even step inside! With the perfect blend of charm, comfort, & carefree living in this beautifully maintained 2-bedroom, 2-bathroom detached condo in The Retreat at Craig Ranch—a hidden gem offering true lock-and-leave convenience in one of McKinney’s most sought-after communities. From the moment you step inside, you’ll love the warm, open feel of this inviting home. Engineered wood flooring flows through the main living areas, creating a welcoming space. The spacious kitchen features stainless steel appliances, ample cabinetry, a gas SS stovetop, & granite countertops—perfect for hosting friends & family. The heart of the home is the open-concept living space, anchored by a cozy gas fireplace, perfect for relaxing evenings or curling up with a good book. Need a flexible space for work or hobbies? You’ll love the private study with French doors, ideal for a home office, craft room, or even a cozy reading nook. The primary suite is a peaceful retreat with an en-suite bath that includes a garden tub, walk-in shower, dual vanities, & a generous walk-in closet. A split second bedroom & full bath offer comfort & privacy for guests. Step outside to your own serene patio, thoughtfully enhanced with a custom privacy wall—an ideal spot for morning coffee or quiet evenings. The wrought iron fenced backyard is beautifully maintained by the HOA, so you can enjoy the space without lifting a finger. This low-maintenance lifestyle includes front yard care, exterior upkeep, and access to the recently renovated community clubhouse, complete with a pool, spa, fitness center, and a full calendar of neighborhood events. All of this, just minutes from top-rated Frisco ISD schools, shopping, dining, & major highways—making this home a rare & wonderful find!

Investor Tools

Property Icon
$479,630
Estimated Property Value
$253,895Estimated Mortgage Balance
$225,735Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,878 /month
Positive
Cash Flow Estimate:
$959 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,438
$479,630
2025
$140,000
$339,630
$479,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,438
$479,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$255,000
No
First
Feb 25, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,895
$225,735
47%
53%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$1,969/mo
$-29/mo
4.9%

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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5212 Cornerstone Dr | Property Details | No Agent List