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$525,000

NAL Estimated Property Value

5617 Emerson Court, Fairview, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.18 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage, Garden

Building Information

Year Built2010
Stories1
Garage Spaces1

Land Information

APNR-8988-00E-0180-1
Lot Number18
SubdivisionVillage Of Fairview Phase Ii (Cfv)
Land UseResidential
Legal DescriptionVILLAGE OF FAIRVIEW PHASE II (CFV), BLK E, LOT 18
Census Tract031412
Assessed Land Value$150,000
Assessed Improvement Value$356,130
Assessment Year2025

About this property

An amazing single-story with a low-maintenance backyard retreat! Sports POOL with sunning deck, built-in table + HotTub + Putting Green + Covered Patio with TV, fan, heater, party lights + Open Deck btw HotTub and the Primary Bedroom!! The area around this is turf and easy to maintain. You enter this bright, updated home through a covered porch. The secondary bedrooms and bath are one way, and the Primary suite is the other way, creating privacy for both. The large gourmet kitchen has loads of cabinet storage with pull-outs, under-counter lighting, a gas cooktop, a coffee bar and a butler's pantry, providing extra counter space. This is the heart of the home with seating at the kitchen island and open to the family room, breakfast area and backyard for entertaining family and friends. New sliding doors were added to the private Primary Suite, opening up the view and allowing for easy access to the HotTub and new TREX deck. Check out the beautiful primary bath with 2 vanities, a huge shower, bench, 2 shower heads, Bluetooth light for enjoying music in the shower and a custom closet. The other bedrooms are roomy and the bath has a granite counter. Use the dining room in whatever way fits your family's needs, currently used as an office. The location is the next best thing. It is in a small neighborhood nook, near restaurants, shopping and entertainment, with easy access to 75, RT5 and Stacey Road. McKinney ISD! This is the perfect place for this summer's enjoyment. Come see for yourself!

Investor Tools

Property Icon
$525,000
Estimated Property Value
$241,405Estimated Mortgage Balance
$283,595Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,429
$506,130
2025
$150,000
$356,130
$506,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,429
$506,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$266,900
No
First
Jun 1, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,405
$283,595
54%
46%
$1,601/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,101/mo
$-129/mo
4.5%

City: Fairview

5617 Emerson Court | Property Details | No Agent List