$529,025
NAL Estimated Property Value5408 Ridgeson Dr, McKinney, TX, 75071
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
Building Information
Year Built2004
Stories2
Garage Spaces2
Land Information
APNR-8553-0BB-0020-1
Lot Number2
SubdivisionRobinson Ridge Phase 1 (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE 1 (CMC), BLK BB, LOT 2
Census Tract030301
Assessed Land Value$141,750
Assessed Improvement Value$387,275
Assessment Year2025
About this property
Priced to sell! This spacious home is a great opportunity for homeowners or investors looking to add their own touch. This home can truly shine! Featuring a large open kitchen that flows into the living area with soaring vaulted ceilings, an upstairs game-media room, and a wet bar, this home has incredible potential. Located in a fantastic community with top-tier amenities, including Robinson Ridge Park with a splash pad, pickleball courts, and more. Plus, the elementary school is just around the corner. Sold as-is—don’t miss out on this amazing deal!
Investor Tools
$529,025
Estimated Property Value
$322,223Estimated Mortgage Balance
$206,802Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$528/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,191
$529,025
2025
$141,750
$387,275
$529,025
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,191
$529,025
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
General Mortgage Capital Corp
Conventional
$328,500
No
First
Apr 10, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,223
$206,802
39%
61%
$1,970/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,498/mo
+$202/mo
6.1%
