Recently reduced to $419,000 — best value in Villages of Lake Forest! This spacious single-story home offers a flexible layout, recent updates, and an incredible opportunity to customize and build equity in one of McKinney’s most desirable neighborhoods. Located in the established Villages of Lake Forest, this home features a split-bedroom design with three bedrooms, a private study with French doors, and a formal dining room—ideal for both everyday living and working from…
| Room | Level | Size |
|---|---|---|
| Bedroom | Main | 12 x 11 |
| Bedroom | Main | 14 x 12 |
| Primary Bathroom | Main | 1 x 1 |
| Primary Bedroom | Main | 16 x 16 |
| Den | Main | 13 x 11 |
| Utility Room | Main | 9 x 7 |
| Kitchen | Main | 15 x 12 |
| Breakfast Room Nook | Main | 13 x 12 |
| Dining Room | Main | 11 x 10 |
| Type | Single Family Residence |
| County | Collin |
| Lot | 0.240 ac (10,454.4 sqft) |
| HOA | $550 / Annually |
| Annual Tax | $7,717 |
| Days on Market | 83 |
| District | McKinney ISD |
| Elementary | Minshew |
| Middle | Dr Jack Cockrill |
| High School | Mckinney Boyd |
| P&I (6.875%) | $2,202 |
| Est. Tax | $643 |
| HOA | $46 |
| Est. Total | $2,891/mo |
MCKINNEY, TX 75071 · Villages Of Lake Forest
$419,000
Recently reduced to $419,000 — best value in Villages of Lake Forest! This spacious single-story home offers a flexible layout, recent updates, and an incredible opportunity to customize and build equity in one of McKinney’s most desirable neighborhoods. Located in the established Villages of Lake Forest, this home features a split-bedroom design with three bedrooms, a private study with French doors, and a formal dining room—ideal for both everyday living and working from home. The open living area flows into a large kitchen with abundant cabinetry and counter space, creating a functional layout perfect for entertaining or daily life. The private primary suite includes a sitting area, soaking tub, and separate shower, offering a comfortable retreat. Recent improvements include remodeled bathrooms with updated tile and surrounds, new glass enclosures, upgraded hardware, partial plumbing updates, and enhanced tile flooring. A versatile bonus room adds even more flexibility—perfect for a home office, gym, or playroom. Step outside to a spacious backyard with mature shade trees and a storage shed, providing a peaceful setting for relaxing or hosting. Conveniently located just minutes from Historic Downtown McKinney, and close to shopping, dining, trails, a community pool, and McKinney Boyd High School. Thoughtfully updated and priced to reflect today’s market—this is a standout opportunity in a prime location.
Property Type
Residential
Sub Type
Single Family Residence
Status
ActiveUnderContract
Bedrooms
3
Full Baths
2
$174/sqft
Living Area
2,407 sqft
Lot Size
10,454.4 sqft
Lot (acres)
0.240
Garage
2 spaces
Stories
1
Year Built
1999
Community
Villages Of Lake Forest| Room | Level | Size |
|---|---|---|
| Bedroom | Main | 12 x 11 |
| Bedroom | Main | 14 x 12 |
| Primary BathroomDouble Vanity, En Suite Bathroom, Garden Tub Roman Tub, Separate Shower | Main | 1 x 1 |
| Primary BedroomEn Suite Bathroom, Walk In Closets | Main | 16 x 16 |
| Den | Main | 13 x 11 |
| Utility RoomCloset, Utility Room | Main | 9 x 7 |
| KitchenBreakfast Bar, Eat In Kitchen, Pantry, Walk In Pantry | Main | 15 x 12 |
| Breakfast Room Nook | Main | 13 x 12 |
| Dining Room | Main | 11 x 10 |
| Family RoomFireplace | Main | 23 x 19 |
| Living Room | Main | 11 x 10 |
School District
McKinney ISDElementary
Minshew
Middle / Jr High
Dr Jack Cockrill
High School
Mckinney Boyd
Launch 3D Virtual Tour
Opens interactive tour in a new tab
HOA Fee
$550 / Annually
HOA Name
Villages of Lake Forest HOA - CMA Management
Annual Tax
$7,717
HOA Includes
AssociationManagement
Total Principal
$335,200
Total Interest
$457,529
Total Loan Payment
$792,729
Payoff Date
June 2056
Est. Payment
$3,066
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/mckinney-tx/villages-of-lake-forest/5101-raincrest-drive-75071
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by David Riche · Great Western Realty · 817-689-2888
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 1, 2026.
Listing Agent
David Riche
Great Western Realty