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$319,993

NAL Estimated Property Value

575 S Virginia Hills Dr Unit 2902, McKinney, TX, 75072

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,227 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$263.24 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size3,726 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8655-029-2902-1
Lot Number2902
SubdivisionVillas Of Westridge (Cmc)
Land UseResidential
Legal DescriptionVILLAS OF WESTRIDGE (CMC), BLDG 29, UNIT 2902, .365 % CMN INT
Census Tract030539
Assessed Land Value$100,000
Assessed Improvement Value$219,993
Assessment Year2025

About this property

Welcome to your new home in a gated community located in a highly desireable area of McKinney. Discover the inviting open floor plan, ideal for both relaxation and entertaining, as you step inside this charming home. The kitchen boasts a breakfast bar, pantry, and eat-in area. The primary bedroom features a walk-in closet for ample storage, and the double entry bathroom adds accessibility from both bedrooms. The upstairs loft is perfect for relaxing or home office. Step outside to the cozy patio and enjoy the fresh air or take advantage of the community pool and gym facilities for a healthy lifestyle. This home provides easy access to a variety of shopping, dining, and entertainment options. This lovely property is primed to welcome its new owners. Don't miss out on the opportunity to make this charming home your own. Schedule a showing today!

Investor Tools

Property Icon
$319,993
Estimated Property Value
$294,957Estimated Mortgage Balance
$25,036Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,648
$319,993
2025
$100,000
$219,993
$319,993
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,648
$319,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$304,000
No
First
Sep 5, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,957
$25,036
7%
92%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$2,523/mo
$-683/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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575 S Virginia Hills Dr Unit 2902 | Property Details | No Agent List