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$474,687

NAL Estimated Property Value

5500 Petunia Dr, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,229 Sq Ft
price_per_sqft$190.67 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APNR-4131-00Y-0100-1
Lot Number10
SubdivisionEldorado Heights Section Ii Phase V (Cmc
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE V (CMC), BLK Y, LOT 10
Census Tract030515
Assessed Land Value$138,000
Assessed Improvement Value$336,687
Assessment Year2025

About this property

Welcome to this beautifully maintained one-story home in McKinney, offering an exceptional combination of value, location, and functionality. Situated on an oversized corner lot this property offers a backyard that's hard to find. With plenty of room for a future pool, outdoor kitchen, play set, garden, or entertaining space, the possibilities are endless. Tucked away from busy streets, you'll enjoy a quieter setting. Take advantage of the extended driveway and oversized garage, this property provides the extra parking and storage space today's buyers are searching for. Inside, you'll find a bright and inviting open floor plan designed for both everyday living and entertaining. The kitchen features stainless steel appliances, ample cabinetry, generous counter space, and a layout that keeps everyone connected. Fresh new carpet in the bedrooms adds comfort and a move-in-ready feel, while the thoughtfully designed floor plan offers convenient single-story living with well-appointed spaces throughout. Location is everything, and this home delivers. Enjoy the convenience of being within walking distance to the elementary school in highly regarded McKinney ISD, making school drop-offs and pickups a breeze. You'll also appreciate the close proximity to Market Street grocery, the McKinney Apex Centre, local parks, restaurants, shopping, and entertainment. Commuters will love the quick access to Highway 121, providing an easy connection to major employment centers throughout North Texas. Even better, this property offers a low tax rate and no MUD or PID taxes, helping keep your monthly ownership costs more affordable. Whether you're a first-time homebuyer, downsizing, or simply looking for a home that offers excellent value, this property checks all the boxes. Don't miss your chance to make this exceptional McKinney home your own.

Investor Tools

Property Icon
$474,687
Estimated Property Value
$182,187Estimated Mortgage Balance
$292,991Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,848 /month
Positive
Cash Flow Estimate:
$949 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,858
$474,687
2025
$138,000
$336,687
$474,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,858
$474,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barbara P Wilson
Purchase Money Mortgage
$230,000
No
First
Aug 22, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,187
$292,500
61%
38%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,729/mo
+$1,461/mo
8.1%

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.

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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 Petunia Dr | Property Details | No Agent List