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$330,000

5400 Conch Train Rd, McKinney, TX, 75070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,926 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.34 / 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, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-8823-00L-001A-1
Lot Number1A
SubdivisionHemmingway At Craig Ranch Phase 1 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 1 (CMC), BLK L, LOT 1A
Census Tract030542
Assessed Land Value$99,750
Assessed Improvement Value$313,069
Assessment Year2025

About this property

Welcome to a turnkey townhome in the desirable Hemingway at Craig Ranch, an elegant, move in ready residence in vibrant McKinney, TX. Fresh paint and new carpet throughout create a bright modern backdrop. The open main living area seamlessly flows into the kitchen complete with modern amenities, including a refrigerator, gas cooktop, dishwasher, a new microwave and an oversized pantry for exceptional storage ensuring your have ample space to keep your essentials organized. This thoughtful layout enhances the home's functionality, making it an ideal choice for today's lifestyle. Upstairs, a generous bonus room offers flexible space for media, a playroom, or a home office, and the primary suite boasts an impressively large walk-in closet, a true Texas sized amenity. Additional parking behind the home provides convenience for guests. Residents enjoy resort style HOA amenities including community pools, clubhouse, fitness center, playground and dog park, perfect for families and pet owners. Located near the award winning TPC Craig Ranch golf course and zoned to acclaimed Frisco ISD schools, this home combines lifestyle and location. Enjoy McKinney’s charming historic downtown, local dining, parks and trails, and easy access to area employment centers. Don’t miss this exceptional opportunity, schedule your showing today.

Investor Tools

Property Icon
$412,819
Estimated Property Value
$207,990Estimated Mortgage Balance
$117,205Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,477 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$412,819
2025
$99,750
$313,069
$412,819
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$412,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Unknown
$207,990
No
First
Sep 26, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,614
$117,205
28%
72%
$2,496/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,821/mo
$-881/mo
5.6%

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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