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$456,921

NAL Estimated Property Value

5605 Blue Spruce Lane, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.29 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2000
Stories2
Garage Spaces1

Land Information

APNR-4372-00D-0010-1
Lot Number1
SubdivisionPine Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPINE RIDGE ESTATES PHASE ONE (CMC), BLK D, LOT 1
Census Tract030515
Assessed Land Value$125,000
Assessed Improvement Value$331,921
Assessment Year2025

About this property

Multiple offers have been received. Please submit your best and final offer by Saturday, March 13th at 5:00 pm. Please follow the directions when submitting your offer. This is a relocation. Offer instructions are in supplements. Traditional brick home on a large corner lot in Pine Ridge Estates. Upon entry a vaulted ceiling greets you. Hardwood floors and ceramic tile run through out the downstairs. Kitchen is open to the family room with SS appliances, granite counter tops, breakfast bar, 42 inch white cabinets and large island. Lovely breakfast room with a window seat. Guest suite is down with a full bath and a huge master suite plus two other secondary bedrooms are up with a game room.

Investor Tools

Property Icon
$456,921
Estimated Property Value
$298,980Estimated Mortgage Balance
$157,941Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,742 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,734
$456,921
2025
$125,000
$331,921
$456,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,734
$456,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$331,200
No
First
Apr 8, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,980
$157,941
34%
65%
$1,986/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,121/mo
+$1,069/mo
8.4%

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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5605 Blue Spruce Lane | Property Details | No Agent List