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4805 Ellison Dr, McKinney, TX, 75071

3beds
2baths
1,566sqft
$285,000
$182price/sqft
$2,143/moest. monthly cost
$85,720/yrincome needed

About This Home

Welcome to 2024 built home offering modern design, spacious living, and incredible opportunity. This 3 bedroom 2 bathroom home features an open concept floor plan that today’s buyers are searching for, with large rooms, abundant natural light, and a seamless flow between the kitchen, dining, and living areas.The kitchen opens directly to the main living space, making it ideal for entertaining, everyday living, and staying connected with family and guests. The oversized bedrooms provide flexibility for a home office, guest space, or growing household needs. The primary suite offers a private ensuite with ample space to relax and unwind. Located in the highly desirable McKinney area, this home is close to top rated schools, shopping, dining, parks, and major highways for an easy commute. Enjoy quick access to nearby amenities while still having the comfort of a residential neighborhood. This home is being sold AS IS, presenting a great opportunity for buyers looking to customize, invest, or secure a newer construction home below market value. Whether you are a first time homebuyer, investor, or someone looking for a home you can make your own, this property checks all the boxes.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
Webb Elementary SchoolGrades K-55.6 mi
8/10

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,Plumbed For Gas,Vented Exhaust Fan

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 0 x 0

Features

  • Double Vanity,Eat-in Kitchen,High Speed Internet,Kitchen Island,Open Floorplan,Cable TV,Walk-In Closet(s)
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,566 sqft

Kitchen

  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: R1302400T03301

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Community
  • Patio & porch: Covered

Lot

  • Lot size: 10,846 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,441$17,292
Home Insurance *$197$2,364
Property Taxes $267$3,204
Electricity $238$2,859
Total$2,143$25,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,474/yr
40% on housing$64,290/yr
45% on housing$57,146/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 75071$197
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75071$188
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Price change$285,000
2026-06-26Price change$290,000
2026-05-19Listed for sale$310,000
2024-04-02Listing removed$373,963
2024-03-18Price change$373,963
2024-01-31Listed for sale$370,963

For Sale by Agent

AgentDawn Lawrence
BrokerageeXp Realty LLC

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