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$488,500

5682 Orchard Pkwy, Fairview, TX, 75069

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$287.69 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size9,083 sqft

Building Information

Year Built2012
Stories1
Garage Spaces1

Land Information

APNR-10034-00B-0610-1
Lot Number61
SubdivisionVillas In The Park Phase Ii (Cfv)
Land UseResidential
Legal DescriptionVILLAS IN THE PARK PHASE II (CFV), BLK B, LOT 61
Census Tract031412
Assessed Land Value$104,500
Assessed Improvement Value$324,912
Assessment Year2025

About this property

Enjoy easy, low-maintenance living in the beautifully maintained Villas in the Park community in Fairview. This inviting single-story townhome offers a thoughtfully designed floor plan with three bedrooms, two full baths, a private office, and a desirable split-bedroom layout. Inside, hardwood floors flow through the main living areas, complemented by plantation shutters throughout and fresh interior paint. The enclosed office is a standout feature, offering built-in cabinetry and shelving along with a skylight that fills the space with natural light. The open living and dining areas create a comfortable setting for everyday living and entertaining, with easy access to the private patio for relaxing outdoors. The spacious primary suite is privately positioned away from the secondary bedrooms, while two additional bedrooms share a secondary bath featuring a beautifully remodeled shower. Designed for a true lock-and-leave lifestyle, the HOA maintains the lawn and exterior and provides for roof replacement, allowing you to spend more time enjoying the community’s impressive amenities. Villas in the Park offers a pool, clubhouse, fitness center, walking and biking trails, parks, and abundant green space. Conveniently located near US-75 and Stacy Road, you’re minutes from Whole Foods, Fairview Town Center, Allen Premium Outlets, dining, entertainment, and medical facilities. Historic Downtown McKinney is also nearby, offering locally owned restaurants, boutique shopping, live entertainment, and year-round community events. A wonderful combination of comfort, convenience, and low-maintenance living in the heart of Fairview!

Investor Tools

$183,293Estimated Mortgage Balance
$275,345Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,931 /month
Positive
Cash Flow Estimate:
$977 /month

Interested in this property?

Tonya Peek

Coldwell Banker Realty Frisco

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$429,412
2025
$104,500
$324,912
$429,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$429,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$261,482
Yes
First
Jun 28, 2013
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,293
$274,707
59%
40%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$345/mo
+$1,627/mo
5.2%

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: Fairview

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