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$490,172

NAL Estimated Property Value

5421 Ridgepass Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8553-00Z-0220-1
Lot Number22
SubdivisionRobinson Ridge Phase 1 (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE 1 (CMC), BLK Z, LOT 22
Census Tract030301
Assessed Land Value$135,000
Assessed Improvement Value$355,172
Assessment Year2025

About this property

Wonderful home in great community. Close to Baylor and 380. Lovely wood flooring running through the entry, halls, kitchen and family room. Kitchen opens to breakfast nook and living. Flex space can be used for a piano, study, toy room, or TV. Covered patio for outdoor living, Community boasts swimming pool, playground, bike path, and greenbelt.

Investor Tools

Property Icon
$490,172
Estimated Property Value
$0Estimated Mortgage Balance
$490,172Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,941 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,488
$490,172
2025
$135,000
$355,172
$490,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,488
$490,172

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$490,172
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
N/A
+$3,520/mo
8.6%

City: McKinney

5421 Ridgepass Ln | Property Details | No Agent List