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$442,367

NAL Estimated Property Value

5320 Cornerstone Dr, McKinney, TX, 75070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,845 Sq Ft
price_per_sqft$177.72 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size28.19 acres

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-10189-010-5320-1
Lot Number5320
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 10, UNIT 5320, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$302,367
Assessment Year2025

About this property

Situated in the prestigious sought after Retreat at Craig this luxury stand alone condominium offers maintenance provided living. You can lock the door and enjoy knowing that all exterior maintenance is provided. This home is absolutely move in ready and features extensive hardwood flooring, gourmet chef's kitchen, covered back patio, private master retreat with a spa like en-suite and large WIC. The Retreat is an amenity filled community featuring a 9000 SF clubhouse, resort style swimming pool with spa, fitness center, billiards room and indoor and outdoor fireplaces. You will never be at a loss for something to do because there are so many community social events throughout the year. Roof & Gutters 2020

Investor Tools

Property Icon
$442,367
Estimated Property Value
$107,475Estimated Mortgage Balance
$334,892Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,654 /month
Positive
Cash Flow Estimate:
$885 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,660
$442,367
2025
$140,000
$302,367
$442,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,660
$442,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$120,000
No
First
Dec 14, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,475
$334,892
75%
24%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,085/mo
+$1,355/mo
6.6%

City: McKinney

5320 Cornerstone Dr | Property Details | No Agent List