Status: Active Option Contract
5200 Promised Land Dr
McKinney, TX 75071
$374,900
------/mo*
CalculateThis is the one you've been waiting for—an amazing opportunity to own a gorgeous home in Prosper ISD for under $400,000! Perfectly located in the highly sought-after Summit View Lake subdivision, this beautifully updated 3-bedroom, 2-bathroom home offers the ideal combination of comfort, style, and convenience.
The open floor plan seamlessly connects the living, dining, and kitchen areas—perfect for entertaining or family gatherings. The split-bedroom layout offers privacy, with the spacious primary suite tucked away and featuring large windows, tiered ceilings, and a private en-suite bath complete with a garden tub, separate walk-in shower, and a generous closet.
Major system updates have already been taken care of, including a Class 4 impact-resistant roof (installed and registered in 2018 with Owens Corning) for superior storm protection and potential insurance savings. Additionally, the foundation has been professionally repaired and certified by a licensed engineer in 2018, ensuring peace of mind for future homeowners.
Step outside to a private backyard retreat—a perfect spot to unwind, enjoy outdoor dining, or take in some fresh air. The community amenities are second to none: enjoy a private fishing lake with covered pier, hike and bike trails, community pool, playground, and ample greenspace—it’s like having your own private state park in your backyard!
All of this just minutes from Baylor Scott & White hospital, Costco, shopping, dining, and everything this thriving area of McKinney has to offer. Zoned to exemplary Prosper ISD schools. Don’t miss your chance—homes like this don’t come along often. Schedule your showing today before it’s gone!
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- Bedrooms
- 3
- Baths
- 2
- House Size
- 1,801 sqft
- Year Built
- 2006
- Lot Size
- 0.18 ac
- School District
- Prosper ISD
Location
Market Insights
In the last 30 days, homes for sale in 75071, McKinney, TX were on the market for a median of 45 days and 5.62% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- cooling
- Central Air
- features
- Open Floorplan
- Pantry
- High Speed Internet
- fireplace
- Gas
- flooring
- Carpet
- Simulated Wood
- Tile
- heating
- Central
- laundry features
- Electric Dryer Hookup
- Washer Hookup
- window features
- Window Coverings
Exterior Information
- features
- Rain Gutters
- Private Yard
- fence
- Back Yard
- Wood
- roof
- Composition
Property Information
- architectural style
- Traditional
- community
- Pool
- construction
- Brick
- hoa fees
- $400.00
- Semi-annually
- lot
- Irregular Lot
- Landscaped
- Subdivided
- parking
- Driveway
- On Street
- Attached
- security features
- Smoke Detector(s)
- sewer
- Public Sewer
- subdivision name
- Summit View Lake Ph One
- utilities
- Cable Available
- Natural Gas Available
- water source
- Public
- Listed By Kevin Subbert
- (214) 476-6916
- EXP REALTY
- (888) 519-7431
- MLS 20992125
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $1,572 (-53.1%) | $110,250 | $281,513 | $391,763 (-5.6%) |
| 2023 | $3,351 (0%) | $110,250 | $304,741 | $414,991 (+18.1%) |
| 2022 | $3,351 (-0.8%) | $94,500 | $256,885 | $351,385 (+36%) |
| 2021 | $3,380 | $73,500 | $184,868 | $258,368 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,373
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,975
- Property Taxes
- $131
- Home Insurance
- $200
- HOA Fees
- $67
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
