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$775,000

5940 Augustine Rd, McKinney, TX, 75071

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.14 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,356 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11207-00D-0170-1
Lot Number17
SubdivisionWilmeth Ridge North-Phase 1 (Cmc)
Land UseResidential
Legal DescriptionWILMETH RIDGE NORTH-PHASE 1 (CMC), BLK D, LOT 17
Census Tract030301
Assessed Land Value$175,000
Assessed Improvement Value$543,237
Assessment Year2025

About this property

Welcome to 5940 Augustine Rd, a stunning two-story residence built by Grand Homes, located in the highly sought-after master-planned community of Wilmeth Ridge! Built in 2021, this one-owner home showcases elevated ceilings & open-concept living featuring 5 spacious bedrooms, 4 full baths, & multiple living and dining rooms. The grand entry welcomes you with an elegant curved staircase, expansive windows & an abundance of natural light. The thoughtfully designed floor plan offers seamless flow between the living, dining, and kitchen areas making it ideal for both everyday living and entertaining. The main living room overlooks the backyard & is highlighted by a beautiful tile-surround fireplace. The chef-inspired kitchen is equipped with beautiful granite counters, a massive center island, stainless appliances, gas cooktop, butler's pantry & shaker-style cabinetry with upgraded glass-front accents. Conveniently located on the main level, the primary suite offers a relaxing retreat & an impressive ensuite bath featuring a large soaking tub, sep shower with bench seating, dual sink vanity & generous walk-in closet. An additional bed and bath on the first floor provides flexibility for guests, multi-generational living or dedicated home office. Upstairs, you'll find three additional bedrooms, two full baths & an exceptionally spacious game room ready to accommodate your lifestyle needs. Step outside to enjoy the private fenced backyard featuring an extended open patio & front-entry two-car garage that includes storage racks and insulation for added functionality. Stone-lined flower beds and brick-and-stone-accented exterior adds timeless curb appeal. This home is loaded with premium upgrades that deliver stylish features throughout. Residents enjoy impressive amenities including a private lake, pocket parks, swimming pool, playground, hike & bike trails & a community fire pit. Located within highly acclaimed Prosper ISD with quick access to DNT, US-380, & Hwy 75!

Investor Tools

$346,463Estimated Mortgage Balance
$371,774Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Jeanine Batcher

Keller Williams Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,332/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,387
$718,237
2025
$175,000
$543,237
$718,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,387
$718,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grand Home Loans Llc
Conventional
$382,312
No
First
Jul 20, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,463
$371,774
51%
48%
$2,293/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,793/mo
+$727/mo
5.9%

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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5940 Augustine Rd | Property Details | No Agent List