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$436,246

NAL Estimated Property Value

5432 Locust Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,195 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$131.66 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesGas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,144 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-9526-00B-017R-1
Lot Number17R
SubdivisionPecan Park Addition (Cmc)
Land UseResidential
Legal DescriptionPECAN PARK ADDITION (CMC), BLK B, LOT 17R; ( AMENDING ) AMENDING
Census Tract030541
Assessed Land Value$114,000
Assessed Improvement Value$322,246
Assessment Year2025

About this property

Gorgeous split-level with huge HOA maintained fenced yard and gazebo offers an open floorplan, tons of natural light, oversized garage, an abundance of closets and unlimited hot showers with a tankless water heater. Unique plan with main living spaces upstairs boasts raised ceilings, expansive views and hardwoods throughout main floor. Kitchen features granite, SS appliances, gas range and is open to the breakfast, living and formal dining (or office). Downstairs includes guest & MIL suites with walk-in tub, separate kitchenette in large utility room with sink and direct yard access. Neighborhood pool, pond & trails.

Investor Tools

Property Icon
$436,246
Estimated Property Value
$238,582Estimated Mortgage Balance
$197,664Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,617 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
$237/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,990
$436,246
2025
$114,000
$322,246
$436,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,990
$436,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$267,457
No
First
Oct 28, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,582
$197,664
45%
55%
$1,604/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,841/mo
+$599/mo
6.7%

City: McKinney

5432 Locust Drive | Property Details | No Agent List