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$325,000

5900 Desperado Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.78 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-9021-00E-0230-1
Lot Number23
SubdivisionSaddle Club At Mckinney Ranch Phase 1 (C
Land UseResidential
Legal DescriptionSADDLE CLUB AT MCKINNEY RANCH PHASE 1 (CMC), BLK E, LOT 23
Census Tract030541
Assessed Land Value$136,500
Assessed Improvement Value$339,179
Assessment Year2025

About this property

Move in ready 3 bedroom, 2 and a half bath home. FRESH PAINT AND NEW CARPET THROUGHOUT. One block away from neighborhood amenities, pool, playground & park. SOUGHT AFTER ALLEN ISD. Extremely convenient to both HWY 121 & Central Expwy. Corner lot with large grassy backyard and extra deep drive allowing for plenty of parking. Gas cook top & 42 inch cabinets in kitchen. 2 living areas down. Game & laundry rooms up with roomy owner's suite plus 2 additional bedrooms. Tons of storage throughout. New roof (June '20), hot water heater (Jan. '20) and board on board fence (Feb. '19). See docs section for complete list of improvements.

Investor Tools

Property Icon
$475,679
Estimated Property Value
$0Estimated Mortgage Balance
$207,443Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,854 /month
Positive
Cash Flow Estimate:
$951 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,552
$475,679
2025
$136,500
$339,179
$475,679
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,552
$475,679

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$300,700
No
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,236
$207,443
43%
56%
$1,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,133/mo
+$307/mo
6.2%

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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5900 Desperado Drive | Property Details | No Agent List