12233 Ridgeback Drive
About This Property
Situated on a desirable corner lot, this beautifully maintained two-story home offers 4 bedrooms, 3.1 baths, and an ideal open-concept layout designed for both everyday living and effortless entertaining. From the moment you step inside, you're greeted by rich luxury vinyl plank flooring, soaring ceilings, and an abundance of natural light that flows throughout the home.
A dedicated front office with French doors creates the perfect work-from-home space, while the expansive living room centers around a cozy gas fireplace and opens seamlessly to the kitchen and dining areas. The chef's kitchen features granite countertops, a large breakfast bar with seating, stainless steel appliances, gas range, and ample cabinetry-making it as functional as it is inviting.
The private primary suite (virtually staged) on the main level offers a true retreat with a spacious layout, dual vanities, garden tub, separate shower, and a generous walk-in closet. Upstairs, you'll find three additional bedrooms, 2 full baths, a media room, and a versatile bonus space-perfect for a game room, second living area, or playroom.
Step outside to a covered patio overlooking the backyard-ideal for relaxing evenings or weekend gatherings. The fully fenced yard provides both privacy and space to enjoy.
Additional highlights include a 2-car garage, Ring doorbell, security system, and a well-maintained HOA community.
Located in the heart of McKinney with top-rated Prosper ISD schools, this home offers the perfect balance of comfort, convenience, and modern living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | No longer available | - | |
| No longer available | |||
| Apr 23, 2026 | Price Decreased |
$549,900
↓ $19K
(3.4%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Christie's Lone Star | $569,000 | |
| Listed by Christie's Lone Star | |||
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
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About Collin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017