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$615,617

NAL Estimated Property Value

5625 Merchant Dr, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths2,989 Sq Ft
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesGarden
Lot Size6,011 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11580-00X-0240-1
Lot Number24
SubdivisionAuburn Hills Phase 4 (Cmc)
Land UseResidential
Legal DescriptionAUBURN HILLS PHASE 4 (CMC), BLK X, LOT 24
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$475,617
Assessment Year2025

About this property

Ready for you now! Beautiful home built in 2021 with desirable floor plan, large covered back patio and big back yard in the Auburn Hills Community in Prosper ISD. Primary bedroom and designated office downstairs. Living room, Kitchen with gas cook-top, study nook, large dining area, and full laundry room downstairs. Upstairs has a loft game-room, media room, 3 bedrooms, and 2 bathrooms. All bedrooms have walk-in closets. The semi-private planning center off the kitchen is perfect for homework, second office, coffee bar, dry bar, or anything else you want. Conveniently just down the street from highly ranked Reeves Elementary School.  Community has a resort style pool, basketball court and natural trails. This home is conveniently located with easy access to I-75 and 380. Numerous shopping and dining options close by. Refrigerator Included. Landlord can be flexible on rental criteria with good rental history.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,087
$615,617
2025
$140,000
$475,617
$615,617
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,087
$615,617

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$353,223
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,984
$298,633
48%
51%
$2,118/mo

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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5625 Merchant Dr | Property Details | No Agent List