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Property Description
This is the one you've been waiting for-an amazing opportunity to own a gorgeous home in Prosper ISD for under $400,000! Perfectly located in the highly sought-after Summit View Lake subdivision, this beautifully updated 3-bedroom, 2-bathroom home offers the ideal combination of comfort, style, and convenience. The open floor plan seamlessly connects the living, dining, and kitchen areas-perfect for entertaining or family gatherings. The split-bedroom layout offers privacy, with the spacious primary suite tucked away and featuring large windows, tiered ceilings, and a private en-suite bath complete with a garden tub, separate walk-in shower, and a generous closet. Major system updates have already been taken care of, including a Class 4 impact-resistant roof (installed and registered in 2018 with Owens Corning) for superior storm protection and potential insurance savings. Additionally, the foundation has been professionally repaired and certified by a licensed engineer in 2018, ensuring peace of mind for future homeowners. Step outside to a private backyard retreat-a perfect spot to unwind, enjoy outdoor dining, or take in some fresh air. The community amenities are second to none: enjoy a private fishing lake with covered pier, hike and bike trails, community pool, playground, and ample greenspace-it's like having your own private state park in your backyard! All of this just minutes from Baylor Scott & White hospital, Costco, shopping, dining, and everything this thriving area of McKinney has to offer. Zoned to exemplary Prosper ISD schools. Don't miss your chance-homes like this don't come along often. Schedule your showing today before it's gone!
Full Property Details
Full Property Details for 5200 Promised Land Dr
General
- HOA FEE: $67/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $6,538
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 20992125
- Added to Site: 273 day(s) ago
Interior
- Interior Features: High Speed Internet, Open Floorplan, Pantry, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave
- Flooring: Carpet, Simulated Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, On Street
Location
- County: Collin
- Subdivision: Summit View Lake Ph One
- Driving Directions: GPS takes you straight there
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: Mike and Janie Reeves
- Middle School: Jones
- High School: Rock Hill
Community
- Association: Yes
- Assoc. Name: Spectrum Assoc Mgmt
- Assoc. Fees Include: All Facilities, Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,801 Sq. Ft.
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Size Source: Assessor
- Lot Features: Irregular Lot, Landscaped, Subdivision
- Trees/Vegetation: Grassed
- Fencing (Description): Back Yard, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $400
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $6,538
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: SUMMIT VIEW LAKE PHASE ONE (CMC), BLK C, LOT
- Property ID: R875400C02001
- Block: C
- Lot Number: 20
Listed by Exp Realty, Kevin Subbert
Sold by Gregorio Real Estate Company, Jiajia Kohlhoff
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Schools
Schools serving 5200 Promised Land Dr
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
John A Baker 3125 Bluewood Drive, McKinney, TX 75071 | K-5 | 0.9 mi |
Bill Hays Middle 14441 Hillcrest Road, Frisco, TX 75035 | 6-8 | 6.5 mi |
Rock Hill High School 16061 Coit Road, Frisco, TX 75035 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
5200 Promised Land Drive, McKinney, TX 75071 (MLS# 20992125) is a Single Family property that was sold on October 31, 2025. Want to learn more about 5200 Promised Land 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.

