$7,950,000
$760K PRICE INCREASE

520 Highridge Dr McKinney, TX 75071

Estimated payment $44,641/month

Total Views 82,704
40 Acres
$198,750 Price per Acre
1,742,400 Sq Ft Lot

Highlights

  • Lake Front
  • Arena
  • Community Lake
  • Scott Morgan Johnson Middle School Rated A-
  • 40 Acre Lot
  • Partially Wooded Lot

About This Lot

Unrivaled improvements abound on this 40 +- acres only minutes from downtown McKinney, Hwy 380, and McKinney international Airport. Recent construction with 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. While on property, enjoy over two miles of horse trails and view the additional nine available acres.

Listing Agent

Robert Bong

Capitol Ranch Real Estate, LLC Brokerage Phone: 855-968-1200 License #0674965 Listed on: 11/18/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,872

Year Built

  • Built in 2022

Lot Details

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

Home Design

  • Ranch Property

Interior Spaces

  • Fireplace

Schools

  • Walker Elementary School
  • Mckinney High School

Farming

  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Arena

Utilities

  • Propane
  • Aerobic Septic System

Community Details

  • Chenoweth Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 2798840

Property Details

Property Type

Land

Est. Annual Taxes

$15,872

Year Built

Built in 2022

Lot Details

0

Listing Details

  • OWNERNAME: Texas Sky RE LLC
  • Property Type: Land
  • Property Sub Type: Ranch
  • Attribution Contact: 855-968-1200
  • Horses: Yes
  • Co List Office Mls Id: CPRR01
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Lake
  • Fencing: Barbed Wire, Cross Fenced, Electric, Fenced, Gate, Masonry, Metal, Perimeter, Pipe, Security
  • Waterfront: Yes
  • RoadFrontageType: All Weather Road
  • RoadSurfaceType: Asphalt

Utilities

  • Sewer: Aerobic Septic
  • Heating: Fireplace(s), Propane
  • Utilities: Electricity Available, Septic Available, Water Available
  • Heating Yn: Yes

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • Elementary School: Walker
  • High School: Mckinney
  • Junior High Dist: McKinney ISD

Lot Info

  • PossibleUse: Agricultural, Cattle, Development, Grazing, Horses, Hunting, Investment, Livestock, Mixed Use, Orchard, Pasture, Ranch, Residential, Recreational
  • Lot Features: Acreage, Agricultural, Cleared, Hardwood Trees, Landscaped, Pasture, Pond on Lot, Many Trees, Subdivided, Sloped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 40.0
  • Parcel Number: 2798840
  • Lot Size Acres: 40.0
  • Lot Size Sq Ft: 1742400.0
  • Zoning Description: unzoned
  • Present Use: Agricultural, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Residential, Recreational

Building Info

  • Year Built: 2022

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Johnson

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
2024 $15,872 $1,170,683 $156,916 $1,013,767
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: 20780674

North Texas Real Estate Information Systems (NTREIS)

APN: R-6157-001-0230-1