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$425,000
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Property Description
Welcome home to this move-in ready 4-bedroom, 2-bath residence that combines modern design, flexible living space, and an unbeatable location in one of North Texas' fastest-growing areas; Collin County! The open-concept layout is designed for today's lifestyle, featuring a spacious great room that seamlessly connects the living, dining, and kitchen areas-perfect for entertaining, family gatherings, or everyday living. The well-appointed kitchen overlooks the main living space, allowing you to stay connected while preparing meals or hosting guests. Need extra space? With four generously sized bedrooms, you'll have plenty of flexibility for a home office, fitness room, playroom, media room, or guest accommodations. The private primary suite offers a relaxing retreat with ample space to unwind after a long day. Step outside and enjoy your own backyard oasis featuring a pergola-covered patio-ideal for morning coffee, outdoor dining, weekend barbecues, or quiet evenings under the Texas sky. Enjoy community amenities including a neighborhood pool and playground, while the local high school is just a five-minute walk away, adding everyday convenience. You're only 5 miles from shopping, dining, and daily essentials, 10 miles from the charm of Historic Downtown McKinney, and 14 miles from Allen Premium Outlets. Even more exciting, this area is positioned for continued growth with major developments on the horizon, including the highly anticipated Sunset Amphitheater, the Long Branch and West Grove mixed-use destinations featuring new restaurants, retail, entertainment, and office space, plus the expansion of McKinney National Airport with a future commercial passenger terminal. Whether you're looking for your first home, room to grow, or a smart investment in a thriving community, this home offers the space, lifestyle, and location buyers are searching for.
Full Property Details
Full Property Details for 5101 Lake Crest Dr
General
- Price: $425,000
- HOA FEE: $47/month
- HOA FEE FREQ.: Annually
- Taxes: $7,361
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21299964
- Updated: 8/3/2026
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 1
- Parking Features: Garage
Location
- County: Collin
- Subdivision: Villages Of Lake Forest Ph I
- Driving Directions: Please utilize GPS for accurate driving instructions
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Slaughter
- Middle School: Dr Jack Cockrill
- High School: Mckinney Boyd
Community
- Association: Yes
- Assoc. Name: The Villages of Lake Forest
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Contemporary/Modern, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Shingle
- Stories/Levels: 1
- Living Area: 2,285 Sq. Ft.
- Year Built: 1998
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $565
- Assoc Fee Freq.: Annually
- Tax Amount: $7,361
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: VILLAGES OF LAKE FOREST PHASE I (CMC), BLK H,
- Exclusions: mounted televisions and brackets throughout the home
- Property ID: R356300H02001
- Block: H
- Lot Number: 20
Listed by Regal, REALTORS, Alycia Medlock
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Schools
Schools serving 5101 Lake Crest Dr
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Gary And Bobbye Jack Minshew Elementary School 300 Joplin Drive, McKinney, TX 75071 | K-5 | 0.5 mi |
Dr Jack Cockrill Middle School 1351 North Hardin Boulevard, McKinney, TX 75071 | 6-8 | 1.2 mi |
Mckinney Boyd High School 600 Lk Forest Dr, McKinney, TX 75070 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5101 Lake Crest Dr
Date
Details
Price
Change
Source
6/16/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5101 Lake Crest Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,361
-12%
$430,179
5%
2023
$8,324
5%
$408,918
-12%
2022
$7,892
—
$466,159
18%
2022
$7,892
32%
$393,809
40%
2021
$5,967
-2%
$281,000
3%
2020
$6,093
2%
$272,368
3%
2019
$5,967
-1%
$264,000
4%
2018
$6,038
2%
$254,000
5%
2017
$5,901
6%
$242,600
8%
2016
$5,561
5%
$224,000
8%
2015
$5,309
17%
$207,400
18%
2014
$4,525
4%
$176,062
4%
2013
$4,355
—
$169,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5101 Lake Crest Dr
5101 Lake Crest Drive, McKinney, TX 75071 (MLS# 21299964) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5101 Lake Crest Drive is currently listed for $425,000 and was received on June 16, 2026. Want to learn more about 5101 Lake Crest Drive? Do you have questions about finding other Single Family real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

