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$485,000

6705 Mason Dr, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,644 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.43 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Hardwood, Tile

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APNR-4735-00D-0100-1
Lot Number10
SubdivisionRidge Road Estates Phase 1 (Cmc)
Land UseResidential
Legal DescriptionRIDGE ROAD ESTATES PHASE 1 (CMC), BLK D, LOT 10
Census Tract030516
Assessed Land Value$115,000
Assessed Improvement Value$357,496
Assessment Year2025

About this property

The ideal traditional floor plan concept features 4 bedrooms and 2.5 bathrooms and comes complete with a game room, formal dining room, home office, first-floor master bedroom, well-proportioned rooms with a good-sized living room. Enjoy well-maintained wood floors and tile on the first floor. Relax in the beautiful suburban getaway that features an attractive backyard space. Simply a perfect place to unwind. Have you dreamed about city living for years? Your dream can be a reality with an easy commute to all sorts of shopping! See for yourself what this home has to offer.

Investor Tools

Property Icon
$472,496
Estimated Property Value
$508,250Estimated Mortgage Balance
$2,295Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,001
$472,496
2025
$115,000
$357,496
$472,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,001
$472,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$508,250
No
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,201
$2,295
0%
100%
$3,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,533/mo
$-343/mo
8.1%

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.

Explore Texas Explore This Area
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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