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$550,000

5700 Apple Ridge Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.66 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-11000-00C-0080-1
Lot Number8
SubdivisionRobinson Ridge Phase V-B (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE V-B (CMC), BLK C, LOT 8
Census Tract030301
Assessed Land Value$141,750
Assessed Improvement Value$397,135
Assessment Year2025

About this property

Desirable location with Prosper ISD. Brand new carpet, new LVP flooring, and new interior paint! This home has it all!! Over 2800 sf home sits on a corner, oversized lot. You get privacy and a large backyard! Enter to a high foyer with a formal dining to the right, which can also be used as a study. Entertain in the open kitchen with granite counter tops and island and large pantry. Enjoy the fireplace in the family room with high sloped ceiling. Relax in the oversized master bedroom and gorgeous master bath with raised dual sinks, garden tub, and spacious walk-in closet. Upstairs has 3 additional bedrooms with a full bath, raised vanity and lots of counter space. The large game room overlooks the family room. Sit in the covered patio and enjoy the large back yard. A new community park is being built one street away. Located near lots of restaurants and retail shopping. Easy access to 75, 380 and DNT.

Investor Tools

Property Icon
$538,885
Estimated Property Value
$0Estimated Mortgage Balance
$538,885Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$985/month
$687/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,126
$538,885
2025
$141,750
$397,135
$538,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,126
$538,885

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$538,885
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$687/mo
+$2,833/mo
7.8%

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.

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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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5700 Apple Ridge Dr | Property Details | No Agent List