1 Day Ago
Location
5116 Prospect Street, McKinney, Texas 75071, United States
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Amenities for 5116 Prospect Street
Apartment Amenities
| 2 Floors | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 5116 Prospect Street
Property Status: Active Welcome to 5116 Prospect St, a spacious and well-maintained home in one of McKinney’s most family-friendly neighborhoods, close to top-rated schools, parks, shopping, and everyday conveniences. Inside, you’ll find an open and comfortable layout with plenty of natural light. The primary bedroom is oversized with a great bathroom and ample storage. At the front of the home, a flexible room can function as an office, guest room, or extra bedroom, giving tenants options to fit their needs. The upstairs game room with a full bath is perfect for kids, guests, or a second living area. Outside, the backyard truly stands out—a rare find with tons of potential for play, gardening, or outdoor entertaining. This home offers space, convenience, and a welcoming community—an ideal place to settle in and enjoy McKinney living. Office Phone: (972) 382-8882 Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5116 Prospect Street compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 75071 |
|---|---|
| Type | House for rent |
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Rent trends in McKinney
4-bedroom apartments at 5116 Prospect Street cost about 4% more than the average rent price for 4-bedroom apartments in McKinney.
Median rents as of Dec 6 2025.
McKinney
| Month | Median Rent |
|---|---|
| December 2023 | $2,829 |
| January 2024 | $2,839 |
| February 2024 | $2,923 |
| March 2024 | $2,900 |
| April 2024 | $2,835 |
| May 2024 | $2,816 |
| June 2024 | $2,810 |
| July 2024 | $2,815 |
| August 2024 | $2,799 |
| September 2024 | $2,777 |
| October 2024 | $2,737 |
| November 2024 | $2,738 |
| December 2024 | $2,698 |
| January 2025 | $2,721 |
| February 2025 | $2,721 |
| March 2025 | $2,700 |
| April 2025 | $2,733 |
| May 2025 | $2,800 |
| June 2025 | $2,812 |
| July 2025 | $2,797 |
| August 2025 | $2,774 |
| September 2025 | $2,750 |
| October 2025 | $2,700 |
| November 2025 | $2,699 |
| December 2025 | $2,700 |
Affordability calculator
Can I afford to live at 5116 Prospect Street?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 4-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
Schools near 5116 Prospect Street
Harry McKillop Elementary School
3509 liberty way
melissa, TX, 75454
K-5Public
A
North Creek Elementary School
4401 cypress dr
melissa, TX, 75454
K-5Public
A
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Internet available near 5116 Prospect Street
Getting around McKinney near 5116 Prospect Street
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
1/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Points of interest for 5116 Prospect Street, McKinney
Groceries
0/10
No grocery stores within walking distance
Shopping
1/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
0/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
Explore the area around 5116 Prospect Street
Walmart Supercenter
2041 Redbud Blvd
Sam's Club
1670 W University Dr
WinCo Foods
1800 N Graves St
Dreamy Desserts
1109 N Tennessee St
Kroger Marketplace
2721 Sam Rayburn Hwy
Walmart Supercenter
2041 Redbud Blvd
Sam's Club
1670 W University Dr
Chandra's Trunk Boutique, LLC
1919 E Melissa Rd
Kay Marie Boutique
1710 Cooper St
Academy Sports + Outdoors
1720 W University Dr
Pacific Tradewinds Coffee
3103 N McDonald St
Collin County Courthouse Cafe
2100 Bloomdale Rd
Sugar Babes Donut Shop & Deli
2212 Sam Rayburn Hwy
Sugar Babes Donuts Inc
2211 Sam Rayburn Hwy
Donut Town
215 E University Dr
Buffalo Wild Wings
2035 N Central Expy
Chili's
1940 N Central Expy
Applebee's Grill + Bar
1820 W University Dr
Durkin's Pizza
2014 W University Dr
Hooters
1775 N Central Expy
Walmart Bakery
2041 Redbud Blvd
Sam's Club Bakery
1670 W University Dr
Cross My Heart & Hope For Pie
1710 Cooper St
GNC
2050 W University Dr
Lihoudies Authentic Greek
400 FM 2933
Ruthies Catfish & Po'boys
6441 N McDonald St
True Texas BBQ
1230 Central Expy
Taco Casa
110 Bucees Blvd
Tia's Mexican Grill
1221 Sam Rayburn Hwy
Palio's-Melissa
1521 McKinney St
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