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$1,627,314

NAL Estimated Property Value

5608 Settlement Way, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,064 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$115.48 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesOther
FlooringOther

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size5,761 sqft

Building Information

Year Built2007
Stories2
Garage Spaces3

Land Information

APNR-9762-000-16R1-1
Lot Number16R1
SubdivisionResidences At The Grand Lodge Condominiu
Land UseResidential
Legal DescriptionRESIDENCES AT THE GRAND LODGE CONDOMINIUM THE (CMC), UNIT 16R1, 4.35 % CMN INT
Census Tract030542
Assessed Land Value$325,000
Assessed Improvement Value$1,302,314
Assessment Year2025

About this property

Completely Customize Your Dream Home! Come be a part of this luxury lock & leave gated community overlooking the 17th Green of the TPC Craig Ranch golf course. Each residence at 17 Green offers a permanent & unobstructed view of immaculately manicured fairway. Generously proportioned interiors range from approx 3,745 sq ft to 5,419 sq ft. All residences have a two car attached garage as well as a separate golf cart garage allowing easy golf course access. Once approved for membership at the TPC Golf Course, buyers at 17 Green will receive a waiver of the initiation fee, a $35,000 value, & will also receive a two-year free membership at the Craig Ranch Fitness & Spa for one person or two people for one year.

Investor Tools

Property Icon
$1,627,314
Estimated Property Value
$0Estimated Mortgage Balance
$1,627,314Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,764 /month
Positive
Cash Flow Estimate:
$3,255 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,308/month
$647/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,556
$1,627,314
2025
$325,000
$1,302,314
$1,627,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,556
$1,627,314

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,627,314
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$647/mo
+$1,793/mo
1.8%

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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5608 Settlement Way | Property Details | No Agent List