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$344,101

NAL Estimated Property Value

5417 Locust Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,699 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.26 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9526-00D-0050-1
Lot Number5
SubdivisionPecan Park Addition (Cmc)
Land UseResidential
Legal DescriptionPECAN PARK ADDITION (CMC), BLK D, LOT 5
Census Tract030541
Assessed Land Value$95,000
Assessed Improvement Value$249,101
Assessment Year2025

About this property

You will love being confined to your shelter in place order in this fantastic Pecan Park addition townhome in a master planned community with a beautiful community pool, pond, playground, nearby walking trails AND MORE!!! Home boast open living to kitchen floor plan, Chef's dream kitchen with gas range, granite countertops, stainless appliances AND MORE!!! Enjoy your large master living suite with balcony, separate laundry room, bonus room, oversized 2 car garage and not having to mow your lawn that is included in your HOA dues- AND MORE!!! Great location in highly desired Allen ISD and easy access to Highway 121, Sam Rayburn toll road, major shopping areas and restaurants!!!

Investor Tools

Property Icon
$344,101
Estimated Property Value
$362,812Estimated Mortgage Balance
$344,101Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,065 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$267/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,509
$344,101
2025
$95,000
$249,101
$344,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,509
$344,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$373,117
Yes
First
Jun 7, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,812
N/A
0%
105%
$2,298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,565/mo
$-625/mo
6.8%

City: McKinney

5417 Locust Drive | Property Details | No Agent List