This 3-bed, 2.5-bath, 2,969 sqft single-family home in the Heights at Westridge, McKinney, sits in a prime district (Frisco ISD) with a strong rental market. Based on current comps, estimated monthly rent potential ranges from $2,700 to $3,400. That’s $32.4K–$40.8K annually in gross revenue. Given the $629K list price, the payback period is approximately 15–19 years, in line with many single-family rental investments. The area is stable, with 2.9% projected rent growth and 27.5% forecasted home value appreciation over the next decade. The property’s size, flexible floor plan (home office, media room, loft), upscale finishes, and school district status make it especially attractive for executive renters or families. Challenges may include above-average property taxes and a slightly softening rental market, as average rents in McKinney have dipped 3% in the past year, but demand for large homes remains resilient.
To push rental income to the higher end of the range, update any dated finishes, invest in energy-efficient features, and highlight amenities like the home theater, covered patio, and proximity to top schools. If considering a sale, market the home as an executive rental investment and emphasize low vacancy risk and ongoing neighborhood growth. Staging for families or work-from-home tenants can boost appeal. Stay flexible on pricing in the current inventory-rich market to entice both renters and investors.