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$429,950

5312 Highlands Dr, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.05 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Tile, Wood

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APNR-3576-00Q-0350-1
Lot Number35
SubdivisionEldorado Heights Section Ii Phase Ii (Cm
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE II (CMC), BLK Q, LOT 35
Census Tract030515
Assessed Land Value$130,000
Assessed Improvement Value$351,603
Assessment Year2025

About this property

High ceilings, bright light, updated features and unbeatable convenience with this 4-bedroom home in a prime McKinney location! Step inside to a wonderful layout to tall 11-foot ceilings with a spacious living room and entry. The home boasts a renovated kitchen with plentiful cabinet storage and a brand-new stove. The master suite features a fully renovated bathroom with a spacious frameless glass shower, large walk-in closet and is split from the 3 other bedrooms. The upgrades continue in the laundry with elegant cabinetry, a marble tiled accent wall and modern wood finishes. The tall 8 ft fence provides privacy for inside and outside enjoyment. The house is situated just a short walk from the newly renovated EA Randles Park, Reuben Johnson Elementary School and two community pools. Just minutes from SH 121 and US 75, this house offers quick access for your commute and convenience to a variety of retail, dining and entertainment options.

Investor Tools

Property Icon
$481,603
Estimated Property Value
$358,875Estimated Mortgage Balance
$123,245Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,890 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,953
$481,603
2025
$130,000
$351,603
$481,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,953
$481,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Unknown
$358,875
No
First
Apr 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,358
$123,245
25%
74%
$2,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,552/mo
+$638/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.

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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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5312 Highlands Dr | Property Details | No Agent List