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$699,000

5620 Granada Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.26 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-10250-00N-0130-1
Lot Number13
SubdivisionRobinson Ridge Phase Iii (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE III (CMC), BLK N, LOT 13
Census Tract030301
Assessed Land Value$135,000
Assessed Improvement Value$496,864
Assessment Year2025

About this property

This exquisite residence boasts an impressive blend of modern design and timeless elegance. The heart of this home is the dazzling pool oasis, offering a resort-like escape in your backyard. The chef's kitchen features granite countertops, stainless steel appliances, and a spacious island, perfect for entertaining. The master suite is a sanctuary of sophistication, with a spa-inspired ensuite bath and a walk-in closet. Three additional bedrooms provide comfort and versatility, while the office space ensures productivity in a serene setting. The backyard is a true haven for relaxation and recreation, centered around a sparkling pool. The covered patio and lush landscaping complete the outdoor paradise, offering a perfect backdrop for al fresco dining or casual gatherings. With McKinney's vibrant community, excellent schools, and proximity to shopping and dining. Don't miss the opportunity to make this dream home yours where every day feels like a vacation.

Investor Tools

Property Icon
$631,864
Estimated Property Value
$239,000Estimated Mortgage Balance
$407,572Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,048/month
$687/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,419
$631,864
2025
$135,000
$496,864
$631,864
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,419
$631,864

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$239,000
No
First
Jan 22, 2023
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,292
$407,572
64%
35%
$1,433/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,120/mo
+$1,400/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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