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$591,000

NAL Estimated Property Value

5617 Datewood Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.33 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Outdoor Grill
Lot Size6,250 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10664-00R-0180-1
Lot Number18
SubdivisionHeatherwood Phase Four (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE FOUR (CMC), BLK R, LOT 18
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$445,384
Assessment Year2025

About this property

$10K SELLERS CREDIT GIVEN TOWARD RATE BUY DOWN!!! Step inside this remarkable home where elegance meets warmth in Prosper ISD. As you step through the impressive custom iron glass entry door, you are greeted by a warm, inviting space featuring beautiful hardwood floors and plantation shutters throughout. The heart of the home features an upgraded kitchen with knotty alder cabinets, a spacious island, and top of the line appliances. One of the standout features in the kitchen is the custom- crafted pot rack, featuring forged steel and reclaimed wood. Downstairs, the luxurious primary suite offers a spa-like retreat with his and her vanities and a spacious bath. The study can easily serve as a fourth bedroom, and an oversized utility room with ample storage and a convenient sink complete the main floor. Upstairs, two additional bedrooms share a full bath with a double vanity along with a game room and media room. The home is equipped with a new water heater, epoxy coated flooring in the garage, built in floor to ceiling cabinetry, and a cedar garage door. Step outside to a backyard oasis complete with a saltwater pool, outdoor kitchen, built in fridge, and ice cooler. A stunning shaker- style metal roof and upgraded downlighting along the roofline highlight the home's Austin stone exterior. Don't miss out on this incredible home just minutes from US 380, Historic Downtown McKinney with lots of dining and shopping options, as well as top rated schools!

Investor Tools

Property Icon
$591,000
Estimated Property Value
$418,151Estimated Mortgage Balance
$172,849Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,959 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$990/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,921
$585,384
2025
$140,000
$445,384
$585,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,921
$585,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$425,000
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,151
$172,849
29%
71%
$2,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,754/mo
+$766/mo
7.1%

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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5617 Datewood Ln | Property Details | No Agent List