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$529,025

NAL Estimated Property Value

5408 Ridgeson Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,989 Sq Ft
price_per_sqft$150.55 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: McKinney

5408 Ridgeson Dr | Property Details | No Agent List