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$349,955

NAL Estimated Property Value

575 S Virginia Hills Drive 3905, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,557 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$147.08 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,706 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8655-039-3905-1
Lot Number3905
SubdivisionVillas Of Westridge (Cmc)
Land UseResidential
Legal DescriptionVILLAS OF WESTRIDGE (CMC), BLDG 39, UNIT 3905, .461 % CMN INT
Census Tract030539
Assessed Land Value$110,000
Assessed Improvement Value$239,955
Assessment Year2025

About this property

Fantastic townhome located in the gated community in the Villas of Westridge. The split floor plan includes a downstairs Master Suite while upstairs features 2 bedrooms and an additional living space perfect for a desk or workout area. The efficiently designed kitchen has granite countertops, an electric range, built in microwave, 42 in. cabinetry and stainless steel appliances. The spacious Master Retreat has a soaking tub, separate shower and large walk in closet. Great HOA amenities include a gated entry, community pool, workout room & club house. Quaint covered porch plus a bonus back patio for a little relaxing outside. Located in desirable Frisco ISD with great shopping and restaurants nearby.

Investor Tools

Property Icon
$349,955
Estimated Property Value
$217,495Estimated Mortgage Balance
$132,460Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,841
$349,955
2025
$110,000
$239,955
$349,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,841
$349,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$240,000
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,495
$132,460
37%
62%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,059/mo
+$261/mo
8.0%

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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575 S Virginia Hills Drive 3905 | Property Details | No Agent List