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$1,179,693

NAL Estimated Property Value

5509 Settlement Way, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,522 Sq Ft
price_per_sqft$186.83 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APNR-8818-00G-0010-1
Lot Number1
SubdivisionSettlement At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionSETTLEMENT AT CRAIG RANCH THE (CMC), BLK G, LOT 1
Census Tract030542
Assessed Land Value$234,000
Assessed Improvement Value$945,693
Assessment Year2025

About this property

BRAND NEW Custom Home situated in the golf course community, The Settlement in Craig Ranch. This Mediterranean style home is LOADED with special features including beautiful vaulted ceilings, wood flooring, designer tile, upgraded carpet w gel pad, decorative lights, granite & quartz counter tops, custom cabinetry, covered porch, and large game room. 8' doors throughout. Open concept, w large chef's kitchen opening to the expansive family room. Kitchen has an island, stainless steel appliances, custom cabinets & casual dining area. All bedrooms have en suite bathroom. Master has large bath w separate shower and garden tub. Stone and Stucco w tile roof and iron fence. Builder Warranty included. SIMPLY EXQUISITE!

Investor Tools

Property Icon
$1,179,693
Estimated Property Value
$479,962Estimated Mortgage Balance
$699,731Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,078 /month
Positive
Cash Flow Estimate:
$2,359 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,549/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,685
$1,179,693
2025
$234,000
$945,693
$1,179,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,685
$1,179,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$559,300
No
First
Mar 17, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,962
$699,731
59%
41%
$2,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,624/mo
+$566/mo
3.2%

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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