
$387,733
NAL Estimated Property Value5308 Promised Land Drive, McKinney, TX, 75071
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This gem is BACK ON THE MARKET!! Out of town buyers couldn't move forward. Their loss is your gain! MOVE IN READY!!! PROSPER ISD!! 3 Bedroom 2 bath home in Summit View. Split floor plan. McKinney address with Prosper schools. Fresh paint and new carpet. Large yard on corner lot. Extra space in the front of home can be used as dining area or office. This will not last long. Perfect starter home. ** Please note the HOA Regulations state - Upon acquiring an ownership interest in the residence, the owner may not lease the residence until the expiration of 12 months from the date of purchase or recording of the deed If your buyer is an investor looking for a rental, this is not the right house for them.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McKinney
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