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$389,570

NAL Estimated Property Value

575 S Virginia Hills Drive 2401, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,733 Sq Ft
price_per_sqft$152.91 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,258 sqft

Building Information

Year Built2006
Stories2
Garage Spaces1

Land Information

APNR-8655-024-2401-1
Lot Number2401
SubdivisionVillas Of Westridge (Cmc)
Land UseResidential
Legal DescriptionVILLAS OF WESTRIDGE (CMC), BLDG 24, UNIT 2401, .515 % CMN INT
Census Tract030539
Assessed Land Value$115,000
Assessed Improvement Value$274,570
Assessment Year2025

About this property

Enjoy the good life of low maintenance living in this beautiful, end unit condo situated in the gated community of The Villas of Westridge. This spacious move in ready home features 3 bedrooms,3 full baths, large walk-in closets, a loft area & much more. The light and open floor plan is ideal for entertaining friends and family. The awesome fenced in flagestone patio is just the place for outdoor entertaining, dining alfresco or just relaxing. Not only does the HOA provide exterior maintenance, but also a beautiful clubhouse and pool. Carpets & master bath tile updated in 2016, and recently installed water heater. All this and it's conveniently located close to shopping, restaurants, entertainment and highways

Investor Tools

Property Icon
$389,570
Estimated Property Value
$127,069Estimated Mortgage Balance
$262,501Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,337 /month
Positive
Cash Flow Estimate:
$779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,582
$389,570
2025
$115,000
$274,570
$389,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,582
$389,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$150,000
No
First
Oct 5, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,069
$262,501
67%
33%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,450/mo
+$870/mo
7.1%

City: McKinney

575 S Virginia Hills Drive 2401 | Property Details | No Agent List