5200 Promised Land Dr McKinney, TX 75071
North McKinney NeighborhoodEstimated payment $2,651/month
Total Views
2,751
3
Beds
2
Baths
1,801
Sq Ft
$208
Price per Sq Ft
Highlights
- Open Floorplan
- Traditional Architecture
- Private Yard
- Rock Hill High School Rated A
- Engineered Wood Flooring
- Community Pool
About This Home
This 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!
Listing Agent
EXP REALTY Brokerage Phone: 214-476-6916 License #0712770 Listed on: 07/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,538
Year Built
- Built in 2006
Lot Details
- 7,841 Sq Ft Lot
- Wood Fence
- Landscaped
- Irregular Lot
- Private Yard
- Back Yard
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,801 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Gas Fireplace
- Window Treatments
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Rain Gutters
Schools
- Mike And Janie Reeves Elementary School
- Rock Hill High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 20 / C
- Assessor Parcel Number R875400C02001
Community Details
Overview
- Association fees include all facilities, management
- Spectrum Assoc Mgmt Association
- Summit View Lake Ph One Subdivision
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,652 | $343,889 | $110,250 | $281,513 |
| 2023 | $1,652 | $312,626 | $110,250 | $304,741 |
| 2022 | $6,065 | $284,205 | $94,500 | $256,885 |
| 2021 | $5,703 | $258,368 | $73,500 | $184,868 |
| 2020 | $5,871 | $250,879 | $63,000 | $187,879 |
| 2019 | $6,060 | $246,634 | $57,750 | $188,884 |
| 2018 | $5,873 | $236,587 | $57,750 | $178,837 |
| 2017 | $5,366 | $224,905 | $57,750 | $167,155 |
| 2016 | $4,977 | $216,179 | $52,500 | $163,679 |
| 2015 | $3,225 | $180,087 | $47,250 | $132,837 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $374,900 | -6.3% | $208 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $399,900 | -- | $222 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,200 | Purchase Money Mortgage | |
| Closed | $15,900 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in McKinney, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20992125
APN: R-8754-00C-0200-1
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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