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$312,000

NAL Estimated Property Value

5612 Coldwater Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.39 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APNR-8503-00H-0040-1
Lot Number4
SubdivisionBrookview Phase 3 (Cmc)
Land UseResidential
Legal DescriptionBROOKVIEW PHASE 3 (CMC), BLK H, LOT 4
Census Tract030548
Assessed Land Value$100,000
Assessed Improvement Value$206,993
Assessment Year2025

About this property

This cozy, well-maintained 3 bedroom, 2 bathroom home sits in a quiet cul-de-sac and offers an inviting open concept lay-out. Located within walking distance to Minshew Elementary and McKinney Boyd High School, it’s the ideal home for a growing family. This house backs up to a greenbelt full of trees and is a serene retreat. Enjoy easy access to trails, a nearby golf course, a variety of restaurants, Costco, Baylor Hospital and downtown McKinney.This home offers the perfect balance of comfort, convenience, easy access to Dallas North Tollway and Hwy 75. Don’t miss out on this great opportunity!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$634,686Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
$284/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,734
$306,993
2025
$100,000
$206,993
$306,993
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,734
$306,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$324,022
Yes
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$634,686
N/A
0%
203%
$3,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$4,170/mo
$-1,470/mo
10.4%

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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5612 Coldwater Dr | Property Details | No Agent List