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$488,145

NAL Estimated Property Value

5508 Ivyridge Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,071 Sq Ft
price_per_sqft$248.67 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built2014
Stories1
Garage Spaces4

Land Information

APNR-10358-00S-0330-1
Lot Number33
SubdivisionRobinson Ridge Phase Iv (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE IV (CMC), BLK S, LOT 33
Census Tract030301
Assessed Land Value$141,750
Assessed Improvement Value$346,395
Assessment Year2025

About this property

ALL OFFERS ARE DUE BY 6PM SUNDAY 04.10.22. Welcome Home to a beautifully appointed, meticulously maintained 3 bedroom plus study home in Robinson Ridge. The formal sitting room and open layout amongst the living, kitchen, and dining areas lend to easy entertaining on a large or more intimate scale. Custom lighting in the foyer and kitchen brings warmth and sophistication. The spacious kitchen features a gas range in addition to a generously sized gathering island. The master suite is located at the rear of the home adjacent the private study. An oversized 2 car garage has an additional 5’ width for storage or a workshop. The backyard hosts both covered and open patios overlooking green yard space with flowering perimeter trees. Premier home in a premier community. Prosper ISD. Move-in ready!

Investor Tools

Property Icon
$488,145
Estimated Property Value
$461,412Estimated Mortgage Balance
$26,733Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,207
$488,145
2025
$141,750
$346,395
$488,145
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,207
$488,145

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Uif Corp
Conventional
$498,750
No
First
May 11, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$461,412
$26,733
5%
95%
$2,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,591/mo
$-891/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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5508 Ivyridge Ln | Property Details | No Agent List