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$3,150

5629 Grove Cove Dr, McKinney, TX, 75071

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,250 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10664-00U-0210-1
Lot Number21
SubdivisionHeatherwood Phase Four (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE FOUR (CMC), BLK U, LOT 21
Census Tract030301
Assessed Land Value$140,000
Assessed Improvement Value$417,116
Assessment Year2025

About this property

This beautifully designed K. Hovnanian Home is located in the desirable Heatherwood community and zoned to highly sought-after Prosper ISD. The home features the ideal floor plan with four bedrooms and three bathrooms thoughtfully laid out: Both the primary suite and a guest bedroom with full bath are on the main level, and the upper level offers two other bedrooms and a full bath, along with a media room and a game room providing flexible space for every day use and entertainment. The spacious primary suite serves as a true sanctuary with bay windows, gorgeous primary bath with separate shower and tub, dual sinks and an oversized walk-in closet. This move-in ready home also features wood-flooring, an open-concept plan, vaulted ceilings, cozy fireplace in the spacious living room. Enjoy cooking in the gourmet kitchen with stainless steel appliances, granite countertops, center island overlooking the living room, gas cooktop, and lots of beautiful cabinetry. Downstairs also includes a formal dining room with upgraded light fixture, a breakfast nook, and an oversized utility room. The quiet backyard has a covered patio ideal for relaxing and entertaining. Heatherwood offers resort-style amenities such as a community pool, parks, trails and more. Prime McKinney location with easy access to 75, 380, Costco, Target, lots of restaurants and shopping. COME CHECK IT OUT this meticulously maintained home designed to impress!

Investor Tools

Property Icon
$557,116
Estimated Property Value
$0Estimated Mortgage Balance
$557,116Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,343 /month
Positive
Cash Flow Estimate:
$1,114 /month

Interested in this property?

Pei-Wen Ting

Grand Ark LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,100/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,410
$557,116
2025
$140,000
$417,116
$557,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,410
$557,116

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$557,116
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$480/mo
+$2,220/mo
5.8%

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.

Explore Texas Explore This Area
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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