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$535,000

NAL Estimated Property Value

5305 Heatherwood Drive, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.63 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2009
Stories2
Garage Spaces2

Land Information

APNR-9504-00L-0110-1
Lot Number11
SubdivisionHeatherwood Phase Two B (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE TWO B (CMC), BLK L, LOT 11
Census Tract030301
Assessed Land Value$119,025
Assessed Improvement Value$415,975
Assessment Year2025

About this property

SPACIOUS HOME WITH 3 CAR GARAGE ON LARGE CORNER LOT IN PROSPER ISD. Spacious floor plan with downstairs master, formal dining and study or flexspace. Engineered wood flooring thruout downstairs living spaces. Island kitchen with plenty of counter and cabinet space as well as serving bar. Cozy family room with corner fireplace and backyard view windows. Master suite greets you with bayed windows, a master bath with a jetted tub & walk-in closet. Upstairs features gameroom plus a study nook. Two good-sized bedrooms share a Jack and Jill bath. A third bath and a fourth bedroom and large media room give enough space for everyone. Large covered patio opens up to a large almost 1one-third acre backyard.

Investor Tools

Property Icon
$535,000
Estimated Property Value
$0Estimated Mortgage Balance
$535,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,978
$535,000
2025
$119,025
$415,975
$535,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,978
$535,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$535,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$395/mo
+$3,125/mo
7.9%

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.

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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5305 Heatherwood Drive | Property Details | No Agent List