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$486,241

NAL Estimated Property Value

5309 Datewood Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,223 Sq Ft
price_per_sqft$161.94 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,380 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-10374-00Y-0330-1
Lot Number33
SubdivisionHeatherwood Phase Three C (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE THREE C (CMC), BLK Y, LOT 33
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$346,241
Assessment Year2025

About this property

Spacious ONE-STORY HOME in highly sought after PROSPER ISD!! This beautiful American Legend home has a great open floor plan with 4 split bedrooms PLUS a study. With neutral colors throughout you will feel right at home as you walk into the long entry-way. The kitchen has an over-sized island that over looks the family room- perfect for entertaining! Enjoy coffee each morning on the covered extended back patio in the private backyard. Home has many updates including a whole house water filtration system! Spacious master suite has a sitting area and his & her closets. Just around the corner from Ledbetter park and Prosper ISD elementary school, this home is a MUST-SEE and won't last long! Welcome home!

Investor Tools

Property Icon
$486,241
Estimated Property Value
$128,288Estimated Mortgage Balance
$357,953Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,917 /month
Positive
Cash Flow Estimate:
$972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,682
$486,241
2025
$140,000
$346,241
$486,241
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,682
$486,241

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$141,290
No
First
Jul 26, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,288
$357,953
73%
26%
$848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,043/mo
+$1,657/mo
6.7%

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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5309 Datewood Ln | Property Details | No Agent List