$9,490,000

520 Highridge Dr McKinney, TX 75071

Estimated payment $53,735/month

Total Views 102,897
49 Acres
$193,673 Price per Acre
2,134,440 Sq Ft Lot

Highlights

  • Lake Front
  • Equestrian Center
  • 49 Acre Lot
  • Scott Morgan Johnson Middle School Rated A-
  • Oak Trees
  • 1 Lake

About This Lot

Unrivaled improvements abound on this 49 +- acres only minutes from downtown McKinney, Hwy 380, and McKinney international Airport. Situated on a paved road with a hard corner and 1000'+ of road frontage, the recent construction showcases impeccable quality and ample horse facilities affords an opportunity to recreate with friends and family or the potential for business operations. 160'X200' arena with adjacent apartment offers elevated soft contemporary design language with a nod to the modern West. It is sophisticated elegance with an industrial edge and a luxurious mix of materials: leathered granite, custom fireplace and spiral staircase, European oak wood floors, beech wood, custom milled beechwood cabinetry, and auto-shades on commercial windows. The architecturally designed show barn mirrors the unexpected elegance with clean lines balanced against a rustic touch. Up to eight stalls with turnouts, two wash bays, rubber flooring, tack room, commercial bathroom, and full kitchen amenities ensure the facility can handle any occasion. The paddock paradise track system is a unique feature to ensure hoof health and promote natural grazing for improved digestion for the owner's animals. Full perimeter fencing, gated entry, pipe fence, and horse appropriate systems allow for privacy and controlled access. Stock pond, wooded terrain, homesite locations, and reservoir frontage round out the offering.

Listing Agent

Robert Bong

Capitol Ranch Real Estate, LLC Brokerage Phone: 855-968-1200 License #0674965 Listed on: 04/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,872

Year Built

  • Built in 2022

Lot Details

  • 49 Acre Lot
  • Lake Front
  • Security Fence
  • Gated Home
  • Cross Fenced
  • Masonry wall
  • Stone Wall
  • Aluminum or Metal Fence
  • Barbed Wire
  • Electric Fence
  • Perimeter Fence
  • Pipe Fencing
  • Landscaped
  • Brush Vegetation
  • Sloped Lot
  • Sprinkler System
  • Cleared Lot
  • Oak Trees
  • Partially Wooded Lot
  • Many Trees
  • Undivided Lot
  • Zoning described as unzoned

Home Design

  • Ranch Property

Interior Spaces

  • Living Quarters
  • Fireplace
  • Lake Views

Schools

  • Walker Elementary School
  • Johnson Middle School
  • Mckinney High School

Farming

  • Electricity in Barn
  • Temperature Controlled Barn
  • 1 Barn
  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • Agricultural
  • Holding Pens
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Water to Barn
  • Arena

Utilities

  • Co-Op Electric
  • Propane
  • Co-Op Water
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number 2798840

Community Details

Overview

  • Chenoweth Subdivision

Recreation

  • 1 Lake

Property Details

Property Type

Land

Est. Annual Taxes

$15,872

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Other
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Agricultural Exemption YN: Yes
  • Barns Count: 1
  • Horse Permitted Y N: Yes
  • Attribution Contact: 855-968-1200
  • Special Features: None

Exterior Features

  • Easements: Other
  • Fencing: Barbed Wire, Cross Fenced, Electric, Fenced, Gate, Masonry, Metal, Perimeter, Pipe, Rock/Stone, Security
  • Surface Rights: All
  • Number Of Lakes: 1
  • Number Of Tanks And Ponds: 1
  • Waterfront: Yes
  • RoadSurfaceType: Asphalt

Utilities

  • Heating: Fireplace(s), Propane
  • Utilities: Aerobic Septic, All Weather Road, Asphalt, Co-op Electric, Co-op Water

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned, Utilities Installed, Other

Schools

  • School District: McKinney ISD
  • Elementary School: Walker
  • Middle School: Johnson
  • High School: Mckinney
  • School District: McKinney ISD
  • Elementary School: Walker

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Brush, Cleared, Landscaped, Many Trees, Oak, Pasture, Sloped, Sprinkler System, Tank/ Pond, Undivided, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 49.0000
  • Parcel Number: 2798840
  • Lot Size Acres: 49.0000
  • Lot Size Sq Ft: 2134440.0000
  • Assessor Parcel Number 2: 1591236
  • Subdivided: Yes
  • Zoning Description: unzoned
  • Possible Use: Agricultural, Barndominium, Cattle, Development, Equine, Exotics, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Mixed Use, Orchards/Vineyards, Pasture, Ranch, Recreational, Residential, Resort
  • Present Use: Agricultural, Crops and Livestock, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Recreational, Residential

Building Info

  • Year Built: 2022

Multi Family

  • WaterfrontFeatures: Lake Front, Lake Front - Common Area

MLS Schools

  • Middle School Name: Johnson
  • Elementary School Name: Walker
  • High School Name: Mckinney

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $15,872 $1,170,624 $157,163 $1,013,461
2022 $15,739 $1,017,648 $145,100 $872,548
2021 $6,016 $1,258,708 $1,033,715 $224,993
2020 $2,334 $898,220 $889,470 $8,750
2019 $32 $0 $0 $0
2018 $35 $1,850 $415,228 $0
2017 $35 $415,228 $0 $415,228
2016 $34 $352,944 $0 $352,944
2015 $34 $352,944 $352,944 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $7,950,000 -16.2% --
04/15/2025 04/15/25 For Sale $9,490,000 +19.4% --
03/15/2025 03/15/25 For Sale $7,950,000 +10.6% --
12/02/2024 12/02/24 For Sale $7,190,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Closed $420,000 New Conventional
Closed $682,500 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20905093

North Texas Real Estate Information Systems (NTREIS)

APN: R-6157-001-0230-1