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$459,500

700 Challenger Drive, McKinney, TX, 75072

$469,641 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.85 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2014
Stories2
Garage Spaces2

Land Information

APNR-10509-0LL-0010-1
Lot Number1
SubdivisionReserve At Westridge Phase 6 The (Cmc)
Land UseResidential
Legal DescriptionRESERVE AT WESTRIDGE PHASE 6 THE (CMC), BLK LL, LOT 1
Census Tract030537
Assessed Land Value$154,000
Assessed Improvement Value$450,438
Assessment Year2025

About this property

SHOWINGS HAVE COME TO AN END AND SELLERS HAVE CUT OFF RECEIVING OFFERS. Gorgeous, East-facing in the sought after Reserve at Westridge. Situated on an oversized corner lot with pool-ready backyard, covered patio and custom built pergola. This one-owner home features 4 bedrooms, 3.5 baths and 3 living areas. Downstairs includes formal dining or office area. Kitchen offers stainless double ovens, gas cooktop, granites and large center island. Family room features wood floors, stone-gas fireplace and vaulted ceiling. Master bedroom on 1st w three additional bedrooms on 2nd. Secondary living area-media room upstairs. New roof installed April 1st. Full sprinkler and gutters.

Investor Tools

Property Icon
$610,000
Estimated Property Value
$0Estimated Mortgage Balance
$610,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$469,640
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,950
$604,438
2025
$154,000
$450,438
$604,438
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,950
$604,438

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$610,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$350/mo
+$2,670/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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700 Challenger Drive | Property Details | No Agent List