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$550,000

5300 Ridgeson Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.48 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Plumbed For Ice Maker
FlooringCarpet, Marble

Building Information

Year Built2006
Stories2
Garage Spaces1

Land Information

APNR-8553-0BB-0100-1
Lot Number10
SubdivisionRobinson Ridge Phase 1 (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE 1 (CMC), BLK BB, LOT 10
Census Tract030301
Assessed Land Value$141,750
Assessed Improvement Value$446,307
Assessment Year2025

About this property

MULTIPLE OFFERS! SELLER REQUESTS HIGHEST AND BEST BY MIDNIGHT 4-10-22. OFFERS WILL BE REVIEWS IN THE MORNING OF 4-11-22. Star of the neighborhood in the Robinson Ridge subdivision. This beautiful home features four bedrooms and three and one-half bath. The master bedroom has a see-through fireplace between the bedroom and master bath. The floor plan is open and large with the upstairs game room featuring a wet bar. Plenty of room for entertaining fam ily and friends. The kitchen is large with plenty of cabinet space and stainless-steel appliances. New carpet and paint. Easy access to 380 and 75 making an easy commute to the Dallas Metroplex. Don't miss out on this fabulous home. It won't last long. Bring your buyers out ASAP!

Investor Tools

Property Icon
$588,057
Estimated Property Value
$485,000Estimated Mortgage Balance
$134,618Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,740
$588,057
2025
$141,750
$446,307
$588,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,740
$588,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$485,000
No
First
May 5, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,439
$134,618
22%
77%
$2,566/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,091/mo
$-391/mo
5.5%

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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5300 Ridgeson Dr | Property Details | No Agent List