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$439,900

5909 Dark Forest Drive, McKinney, TX, 75070

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.65 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Other
FlooringTile, Vinyl

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4373-00J-0130-1
Lot Number13
SubdivisionPine Ridge Estates Phase Two (Cmc)
Land UseResidential
Legal DescriptionPINE RIDGE ESTATES PHASE TWO (CMC), BLK J, LOT 13
Census Tract030515
Assessed Land Value$125,000
Assessed Improvement Value$353,210
Assessment Year2025

About this property

Huge flex area upstairs! FANTASTIC and well maintained one and a half story. Open floor plan has lots of natural light throughout, with 4 bedrooms, 2 baths downstairs along with a spacious main living area - includes gas logs fireplace, wall of windows to the backyard. Kitchen includes all appliances with a gas range, breakfast bar, an abundance of counter & cabinet space, attached nook. Master with en suite bath - dual vanities, separate tub & shower, walk in closet. Fourth bedroom makes a great office. Upstairs hosts a large game room-media room - great flex space for a study, workout room, etc. Lot of wood floors, window seat in breakfast nook, split bedrooms for privacy, security & sprinkler systems. Backyard features a great board on board, stained privacy fence along with pergola!

Investor Tools

$343,492Estimated Mortgage Balance
$134,718Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,869 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,201
$478,210
2025
$125,000
$353,210
$478,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,201
$478,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$255,000
No
First
Oct 9, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,492
$134,718
28%
72%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,444/mo
+$746/mo
8.0%

City: McKinney

5909 Dark Forest Drive | Property Details | No Agent List