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$487,000

NAL Estimated Property Value

5704 Ridgeson Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.28 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Building Information

Year Built2014
Stories1
Garage Spaces3

Land Information

APNR-10358-00T-0190-1
Lot Number19
SubdivisionRobinson Ridge Phase Iv (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE IV (CMC), BLK T, LOT 19
Census Tract030301
Assessed Land Value$155,925
Assessed Improvement Value$331,075
Assessment Year2025

About this property

Discover serene living in this spacious 4-bedroom, 2.5-bathroom single story residence, masterfully situated in a desirable McKinney neighborhood. With a rare 3-car garage and dedicated office, this home combines comfort with convenience. Its thoughtful open-concept layout provides an inviting space perfect for entertaining and everyday living. Upon entry, the warmth of the family room greets you, featuring a cozy gas fireplace and wiring for surround sound, making it the ultimate setting for movie nights or enjoying your favorite music. The kitchen caters to health and taste with a reverse osmosis filter and a whole-house water softener system for premium water quality. The primary suite is a sanctuary of relaxation with dual vanities, a garden tub, walk-in shower, and separate water closet for enhanced privacy. Out back you'll find a covered screened-in patio, perfect for unwinding or hosting outdoor gatherings. Noteworthy updates include a newly installed roof (2024) and water heater (2023), emphasizing the home's impeccable maintenance. Directly across, indulge in sweeping views of a scenic park-like setting complete with a tranquil pond and picturesque walking trail, enhancing your living experience with natural beauty. The community offers a wealth of amenities: a vibrant splash pad, engaging playground, and refreshing pool provide endless entertainment close to home. With access to top-rated Prosper ISD schools and an array of nearby shopping and dining options, convenience is at your doorstep. This is a must-see property that promises both value and comfort, poised to become your dream home in McKinney.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$0Estimated Mortgage Balance
$487,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
$636/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,415
$487,000
2025
$155,925
$331,075
$487,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,415
$487,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$487,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$636/mo
+$2,884/mo
8.7%

City: McKinney

5704 Ridgeson Dr | Property Details | No Agent List