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$767,108

NAL Estimated Property Value

5905 Mickelson Way, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.41 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2014
Stories2
Garage Spaces1

Land Information

APNR-10641-00B-0020-1
Lot Number2
SubdivisionFairways At Craig Ranch Phase One The (C
Land UseResidential
Legal DescriptionFAIRWAYS AT CRAIG RANCH PHASE ONE THE (CMC), BLK B, LOT 2
Census Tract030542
Assessed Land Value$190,000
Assessed Improvement Value$577,108
Assessment Year2025

About this property

This former model built by Landon homes is sure to steal your heart! This stunning 2-story WEST facing luxury home features 4 bdrms, 4.5 bthrms, an office, a media & a game room! Tons of upgrades throughout! Private guest suite on the first floor. A HUGE kitchen (fridge, washer & dryer included!) & dining space with motorized shades. Soaring ceilings in living room with motorized shades. In the prim. bdrm you'll find motorized shades, a flatscreen TV (included), and bay windows. Prim bthrm has double sink vanities, a tub, a shower, and a walk-in closet! On the 2nd floor, in addition to a huge game room, you’ll find a built-in bar, a home theater with built-in sound system, projector, screen and entertainment system perfect for family movie nights! Built-in speakers throughout the home! The backyard has an oversized covered patio, an outdoor fireplace, & artificial turf that’s sure to stay green ALL yr around. Off of Custer Rd, minutes from Hwy 121, in the award winning FRISCO ISD!

Investor Tools

Property Icon
$767,108
Estimated Property Value
$454,371Estimated Mortgage Balance
$312,737Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,603 /month
Positive
Cash Flow Estimate:
$1,534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,296/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,713
$767,108
2025
$190,000
$577,108
$767,108
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,713
$767,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$480,000
No
First
Jun 26, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,371
$312,737
40%
59%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,273/mo
$-83/mo
5.0%

Learn About the Market: Opportunity in Texas

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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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5905 Mickelson Way | Property Details | No Agent List