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$419,000
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Property Description
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.
Full Property Details
Full Property Details for 5101 Raincrest Dr
General
- Price: $419,000
- HOA FEE: $46/month
- HOA FEE FREQ.: Annually
- Taxes: $7,717
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21171405
- Updated: 3/23/2026
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Wood Burning
- Appliances: Built-In Gas Range, Dishwasher, Electric Oven, Disposal, Microwave
- Flooring: Carpet, Ceramic Tile, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Private Yard, Rain Gutters, Storage
- Porch/Patio/Deck: Rear Porch, Front Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Covered, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Kitchen Level, On Street
Location
- County: Collin
- Subdivision: Villages Of Lake Forest Ph II
- Driving Directions: University & 380: South on Lake Forest. Right on Raincrest. Home will be on the left
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Minshew
- Middle School: Dr Jack Cockrill
- High School: Mckinney Boyd
Community
- Association: Yes
- Assoc. Name: Villages of Lake Forest HOA - CMA Management
- Assoc. Fees Include: Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Wood Siding
- Roof: Composition, Shingle
- Windows: Bay Window(s), Window Coverings
- Stories/Levels: 1
- Living Area: 2,407 Sq. Ft.
- Year Built: 1999
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454.4
- Sidewalks: Yes
- Lot Features: Back Yard, Cleared, Lawn, Level, Many Trees
- Trees/Vegetation: Cleared
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $550
- Assoc Fee Freq.: Annually
- Tax Amount: $7,717
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: VILLAGES OF LAKE FOREST PHASE II (CMC), BLK E
- Property ID: R414200E01101
- Block: E
- Lot Number: 11
Listed by Great Western Realty, David Riche
Get Pre-Approved Today
Schools
Schools serving 5101 Raincrest 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 | 0.6 mi |
Dr Jack Cockrill Middle School 1351 North Hardin Boulevard, McKinney, TX 75071 | 6-8 | 1 mi |
Mckinney Boyd High School 600 Lk Forest Dr, McKinney, TX 75070 | 9-12 | 0.2 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 Raincrest Dr
Date
Details
Price
Change
Source
3/21/2026
Price Reduced
$419,000
-4.56%
MLS
2/27/2026
Price Reduced
$439,000
-2.44%
MLS
2/06/2026
Listed
$450,000
—
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 Raincrest Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,735
-7%
$441,705
1%
2023
$8,275
7%
$436,708
-6%
2022
$7,724
—
$463,423
20%
2022
$7,724
18%
$385,402
25%
2021
$6,527
-1%
$307,352
4%
2020
$6,625
2%
$296,138
3%
2019
$6,477
-3%
$286,590
2%
2018
$6,653
2%
$279,854
4%
2017
$6,552
7%
$269,372
9%
2016
$6,118
5%
$246,421
8%
2015
$5,818
17%
$227,253
18%
2014
$4,970
4%
$193,390
4%
2013
$4,779
—
$185,468
—
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 Raincrest Dr
5101 Raincrest Drive, McKinney, TX 75071 (MLS# 21171405) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5101 Raincrest Drive is currently listed for $419,000 and was received on February 06, 2026. Want to learn more about 5101 Raincrest 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.

