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$329,790

$334,878

5500 Conch Train Rd, McKinney, TX, 75070

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,558 Sq Ft
price_per_sqft$211.68 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh 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, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Engineered Hardwood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8823-00L-003A-1
Lot Number3A
SubdivisionHemmingway At Craig Ranch Phase 1 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 1 (CMC), BLK L, LOT 3A
Census Tract030542
Assessed Land Value$95,000
Assessed Improvement Value$247,108
Assessment Year2025

About this property

Situated in the heart of all that McKinney and Frisco have to offer, this pristine two-story townhome delivers a low-maintenance lifestyle within the highly sought-after master-planned community of Craig Ranch. An abundance of natural light creates a bright, airy atmosphere throughout the open-concept living space, highlighted by stylish on-trend LVP flooring that complements any décor and extends through the main living areas and primary suite. The thoughtfully designed floor plan features 3 bedrooms, 2.5 baths with the spacious primary bedroom located on the main level. The private ensuite bath offers a walk-in shower, large soaking tub, granite countertops, and walk-in closet. The kitchen is equipped with higher-end stainless steel appliances, a gas burner stove, and flows seamlessly into the living and dining areas—ideal for everyday living and entertaining. Upstairs, you'll an additional full bathroom, and 2 secondary bedrooms---with the 3rd bedroom being a versatile option for a 2nd living area or game room. Additional highlights include a 2 car garage with epoxy flooring, updated systems with a water heater replaced in 2023, and HVAC system (air conditioner and furnace) replaced in 2020. Enjoy a variety of community amenities including a pool, fitness center, and clubhouse, all just minutes from major highways like the Dallas North Tollway and SH-121. Conveniently located near shopping, dining, and entertainment, and zoned to highly rated Frisco ISD schools, this home offers the perfect blend of comfort, style, and location.

Investor Tools

$184,650Estimated Mortgage Balance
$161,350Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Josh Kesterson

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,928
$342,108
2025
$95,000
$247,108
$342,108
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,928
$342,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Unknown
$216,000
No
First
Apr 8, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,650
$161,350
46%
53%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$1,621/mo
+$319/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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5500 Conch Train Rd | Property Details | No Agent List