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$2,500

605 Willet Dr, McKinney, TX, 75069

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,337 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2025
Stories2
Garage Spaces2

Land Information

APNR-13479-00N-0020-1
Lot Number2
SubdivisionSimpson Crossing
Land UseResidential Single Family
Legal DescriptionSIMPSON CROSSING PHASE 3, BLK N, LOT 2
Census Tract031007
Assessed Land Value$63,000
Assessment Year2025

About this property

Welcome to this stunning, energy-efficient two-story home offering 4 bedrooms, 2.5 bathrooms, and 2,337 square feet of thoughtfully designed living space. The open-concept floor plan features a spacious family room that flows seamlessly into the kitchen and dining area, creating the perfect setting for everyday living and entertaining. The first-floor primary suite offers a private retreat with dual vanities, a large walk-in closet, and plenty of natural light. The chef-inspired kitchen is equipped with gas cooking, quartz countertops, white cabinetry, luxury vinyl plank flooring, a tankless water heater, and smart home technology. Upstairs, you'll find three additional bedrooms and a versatile game room that provides flexible space for a media room, home office, or play area. Located in the desirable Simpson Crossing community, residents enjoy exceptional amenities including a resort-style pool, playground, walking and biking trails, greenspaces, and a dog park. Conveniently situated with easy access to US-380, this home offers quick commutes to McKinney, Frisco, and Richardson while being close to shopping, dining, and entertainment.

Investor Tools

Property Icon
$417,000
Estimated Property Value
$312,260Estimated Mortgage Balance
$110,239Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

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Tiffany Todd

TDRealty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$63,000
2025
$63,000
N/A
$63,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$63,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$312,260
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,693
$60,307
16%
74%
$1,873/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,473/mo
+$99/mo
7.4%

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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605 Willet Dr | Property Details | No Agent List