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$509,000

NAL Estimated Property Value

5305 Lochwood Circle, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Double Oven
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesLighting
Lot Size28.19 acres

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APNR-10189-045-4503-1
Lot Number4503
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 45, UNIT 4503, * (AMENDED) UDI2024 *, UNDIVIDED INTEREST 50.0000000000% (AMENDED) UDI2
Census Tract030542
Assessed Land Value$70,000
Assessed Improvement Value$241,058
Assessment Year2025

About this property

Simply stunning Lock and Leave home. This well-appointed home located in The Retreat at Craig Ranch exudes top to bottom quality and class. From the Plantation Shutters throughout, the extensive crown molding, high-end bath finish out, soft close drawers throughout, to the solid wood doors; nothing has been forgotten. Two full-size bedrooms on the first floor with private baths & a spacious covered patio perfect for entertaining. Love to cook? The gourmet kitchen adorned with a breakfast bar, island, granite counters and double oven will have you cooking like a chef! Wait, there's more...The community amenities are right across the street and include a resort style pool, spa, club house with fitness room and an abundance of social activities to keep anyone entertained! There is a monthly HOA fee of $440 that covers all exterior maintenance. Are you ready for your own Retreat?

Investor Tools

Property Icon
$509,000
Estimated Property Value
$0Estimated Mortgage Balance
$509,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,362
$311,058
2025
$70,000
$241,058
$311,058
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,362
$311,058

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$509,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$450/mo
+$1,990/mo
5.8%

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.

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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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5305 Lochwood Circle | Property Details | No Agent List