




$1,176,000
NAL Estimated Property Value8620 Palermo Way, McKinney, TX, 75071
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About this property
Running a successful business from home? Enjoy hosting events and gathering with friends and family? This custom designed 5 beds, 6 baths, 6,285 sq ft. floor plan provides privacy for those living in the home yet has an intimate space for all to gather together. The flow of this home is unparalleled with indoor spaces opening onto the outdoor features; including large outdoor TV, Komodjoe grilling egg, custom travertine pool, low-maintenance artificial turf stays green all year without being watered- Over 150k has been invested into upgrading the outdoor living! Great room, vaulted ceilings, gourmet kitchen, huge master suite, game room and media room, two studies, oversized garage can accommodate 3 cars or 2 cars plus golf cart, finished attic space for additional storage space, custom work room, large walk-in closets located in every bedroom and throughout the home. The custom work room is a unique feature with AC, large windows and plenty of space for your whole team!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McKinney
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