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$365,242

NAL Estimated Property Value

575 S Virginia Hills Drive 505, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,557 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.51 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size4,706 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8655-005-0505-1
Lot Number505
SubdivisionVillas Of Westridge (Cmc)
Land UseResidential
Legal DescriptionVILLAS OF WESTRIDGE (CMC), BLDG 5, UNIT 505, .461 % CMN INT
Census Tract030539
Assessed Land Value$110,000
Assessed Improvement Value$255,242
Assessment Year2025

About this property

UNDER MARKET VALUE! Low maintenance living at its finest in this beautifully updated 2 story condo in Frisco ISD. Gym, pool and golf course within walking distance! Great open floor plan makes living and entertaining a breeze. Updated kitchen featuring granite countertops, backsplash, under cabinet lighting, Whirlpool SS appliances, front and back private patios. The master suite is conveniently located on the 1st floor and offers his and her closets, garden tub, standing shower and ample counter-top space. Stunning hardwood floors throughout with tile in wet areas, no carpet! There's also an upstairs flex space for play room, second living area, or study. Oversized garage. NEW AC and so much more MUST SEE!

Investor Tools

Property Icon
$365,242
Estimated Property Value
$246,063Estimated Mortgage Balance
$119,179Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,191 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,041
$365,242
2025
$110,000
$255,242
$365,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,041
$365,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Unknown
$259,500
No
First
Jul 3, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,063
$119,179
32%
67%
$1,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,731/mo
+$589/mo
7.6%

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.

Explore Texas Explore This Area
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 505 | Property Details | No Agent List