NOT LISTED FOR SALE

Estimated Value: $423,881

0.51 Acre
$839,368 Price per Acre
21,998 Sq Ft Lot

Last Sold December 28, 2023

Current estimated payment $2,958/month

18 Days on Market

Highlights

  • 0.51 Acre Lot
  • Faubion Middle School Rated A-
  • Corner Lot

About This Lot

As of December 2023

Lot size is appx 22,000 sq ft. City RS 60 zoning will allow minimum 6000 sq ft lot sizes. Great location for someone looking for a large residential lot to build their dream home or could posssibly be divided into multiple single family lots. Contact City of McKinney for the latest subdivision regulations. Lot use is currently the home of the Woodmen Life fraternal lodge. Seller will not remove improvements from the property, that will be the obligation of the buyer if desired. Propety is also listed as commerical building under ML 20466226.

Last Agent to Sell the Property

Kelly Davis

RE/MAX Dallas Suburbs Brokerage Phone: 214-533-1802 License #0322482 Listed on: 10/30/2023

RE/MAX Dallas Suburbs

Last Buyer's Agent

Dean Brown

Better Homes & Gardens, Winans License #0708759

Better Homes & Gardens, Winans

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,327

Year Built

  • Built in 1975

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 176 x 125
  • Corner Lot
  • Zoning described as RS 60 Zoning, 6,000 sq ft lot minimum. Contact City of McKinney.

Schools

  • Burks Elementary School
  • Faubion Middle School
  • Mckinney Boyd High School

Utilities

  • Individual Gas Meter

Community Details

  • College Add Subdivision

Listing and Financial Details

  • Legal Lot and Block Addnl / 25
  • Assessor Parcel Number R0870025002B1
  • $4,036 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$7,327

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Development
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Agricultural Exemption YN: No
  • Attribution Contact: 214-533-1802
  • Special Features: None

Exterior Features

  • Easements: Other
  • RoadFrontageType: City Street

Utilities

  • Utilities: City Sewer, City Water, Electricity Available, Electricity Connected, Individual Gas Meter

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Streets Installed, Zoned

Schools

  • School District: McKinney ISD
  • Elementary School: Burks
  • Middle School: Faubion
  • High School: Mckinney Boyd
  • School District: McKinney ISD
  • Elementary School: Burks

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lots Sold Package: 1
  • Lot Size Area: 0.5050
  • Lot Size: 176 x 125
  • Parcel Number: R0870025002B1
  • Lot Size Acres: 0.5050
  • Lot Size Sq Ft: 21997.8000
  • Zoning Description: RS 60 Zoning, 6,000 sq ft lot minimum. Contact City of McKinney.
  • Present Use: See Remarks

Building Info

  • Year Built: 1975

Tax Info

  • Unexempt Taxes: 4036
  • TaxBlock: 25
  • Tax Lot: Addnl

MLS Schools

  • Middle School Name: Faubion
  • Elementary School Name: Burks
  • High School Name: Mckinney Boyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 27, 2023
Sold by
Collin County Woodmen Of The World Lodge
Bought by
Mckinney Church Of The Nazarene
Seller's Agent
Kelly Davis
RE/MAX Dallas Suburbs
Buyer's Agent
Dean Brown
Better Homes & Gardens, Winans
List Price
$415,000
Sold Price
$415,000
Views
18
Current Estimated Value
$423,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,881
Avg. Annual Appreciation
1.31%
Original Mortgage
$270,000
Outstanding Balance
$262,303
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$161,128
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckinney Church Of The Nazarene -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Church Of The Nazarene $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold -- -- --
11/18/2023 11/18/23 Pending -- -- --
11/13/2023 11/13/23 Off Market -- -- --
10/30/2023 10/30/23 For Sale $415,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,327 $226,056 $154,015 $72,041
2022 $3,977 $198,458 $132,013 $66,445
2021 $2,979 $140,262 $88,009 $52,253
2020 $3,148 $139,277 $88,009 $51,268
2019 $3,145 $132,314 $88,009 $44,305
2018 $3,165 $130,141 $88,009 $42,132
2017 $2,798 $115,043 $77,008 $38,035
2016 $2,574 $103,668 $66,006 $37,662
2015 $2,672 $104,248 $66,006 $38,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20466198

North Texas Real Estate Information Systems (NTREIS)

APN: R-0870-025-002B-1