








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in McKinney at 16890 Redbud Dr, McKinney, TX, 75071 at $649,900 posts ROI 9.78% with from $2,790/mo rent. Total monthly income equals $2,790/mo. Return on cash invested measures 9.78% and rental yield reads 5.15% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 49.73% and total cumulative return in cash totals $106,326. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75071, Mc Kinney, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,375 (100%) |
| Owner Occupied HU | 23,340 (69.9%) |
| Renter Occupied HU | 7,244 (21.7%) |
| Vacant Housing Units | 2,791 ( 8.4%) |
| Median Home Value | $534,507 |
| Average Home Value | $574,790 |
Residential
28,991
Single Family
25,399
Multi-Family
3,592
Businesses
1,491
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $649,900 |
| 2025-02-03 | Listed for sale | $699,000 |
| 2025-01-18 | Contingent | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $7800.80 | 11.10% | $502,796 | 10.00% |
| 2023-02-12 | $7021.39 | -10.75% | $457,087 | 10.00% |
| 2022-02-12 | $7867.29 | 3.85% | $415,534 | 10.00% |



Listed by: Angel Mickle • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20663625
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.