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$595,092

NAL Estimated Property Value

5224 Fringetree Dr, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.01 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,543 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-10148-00Y-0040-1
Lot Number4
SubdivisionHeatherwood Phase Three B (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE THREE B (CMC), BLK Y, LOT 4
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$455,092
Assessment Year2025

About this property

Beautiful Stone and Brick Home in highly sought after Prosper ISD close proximity to the elementary school & park. Upon entry, vaulted ceilings and a dramatic curved staircase greet you w a formal dining room. Open & spacious floor plan makes this home live large. Hand Scraped handsome hardwood floors run through out the entry, dining, kitchen, family & breakfast room. The kitchen is well appointed with a large island open to the family room. SS appliances and a gas range along with ample cabinetry and counter space makes this kitchen stand out. Master bedroom is downstairs with a lovely master bath appointed with a separate garden tub and shower. Upstairs is amazing with a large game and media room along with a private guest suite with its own bathroom & two more bedrooms and full bath. The backyard has a covered patio & a gas bib. Heatherwood has a community pool. Home has Smart Light switches that can be turned on and off with Google & Alexa. Offer instructions in Transaction Desk.

Investor Tools

Property Icon
$595,092
Estimated Property Value
$479,106Estimated Mortgage Balance
$115,986Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,707
$595,092
2025
$140,000
$455,092
$595,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,707
$595,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$516,000
No
First
Jul 20, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,106
$115,986
19%
81%
$3,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,289/mo
+$231/mo
7.1%

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.

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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5224 Fringetree Dr | Property Details | No Agent List