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$544,154

NAL Estimated Property Value

5305 Ivyridge Lane, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,886 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.72 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8553-0BB-0120-1
Lot Number12
SubdivisionRobinson Ridge Phase 1 (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE 1 (CMC), BLK BB, LOT 12
Census Tract030301
Assessed Land Value$135,000
Assessed Improvement Value$409,154
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED, OFFER DEADLINE SET FOR 2PM SUNDAY 12-19. Beautiful UPDATED HOME with UPDATED POOL in Prosper ISD! Welcome home to this spacious floor plan with 4 bedrooms plus study and game room. Brand new flooring throughout downstairs, fresh paint and don't miss that 3rd tandem garage space. You will never want to leave the recently fully updated kitchen including new appliances with wrap around bar for additional seating. Open floor plan perfect for entertaining with the family room overlooking the backyard oasis! Other recent updates include fully updated master bath, new downstairs HVAC, new pool decking, outdoor lighting and in 2020 the pool was re-plastered with new tile and coping!

Investor Tools

Property Icon
$544,154
Estimated Property Value
$250,248Estimated Mortgage Balance
$293,906Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,265 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$606/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,111
$544,154
2025
$135,000
$409,154
$544,154
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,111
$544,154

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Toyota Financial Savings Bank
Conventional
$272,500
No
First
Jan 26, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,248
$293,906
54%
46%
$1,634/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,240/mo
+$1,280/mo
7.8%

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 Ivyridge Lane | Property Details | No Agent List