$575,000
SOLD AUG 13, 2021
Last list price

311 Watt St McKinney, TX 75069

East McKinney Neighborhood
6 Beds
6 Baths
2,684 Sq Ft
5,924 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Energy-Efficient Appliances
  • Faubion Middle School Rated A-
  • Security System Owned
  • Central Heating and Cooling System

About This Home

As of August 2021

MULTIPLE OFFERS RECEIVED: Please submit highest and best by Saturday, 7-24 at 7:00 PM.
Custom-built duplex is a short walk to historic downtown McKinney area. Strong rental history and excellent rental comps. Projected Market rents is $2,000+ per unit. Each unit features brick & stone elevation, a spacious living area and a gourmet kitchen with custom cabinetry, granite countertops, and stainless-steel appliances. Hardwood flooring throughout first floor. Master and two spare bedrooms are upstairs with generous walk-in closets. Utility closet upstairs. Excellent opportunity to own a late 2010’s, full duplex in Collin County.

Last Agent to Sell the Property

Matt Haistings

Compass RE Texas, LLC License #0671130 Listed on: 07/20/2021

Compass RE Texas, LLC

Last Buyer's Agent

Tami Carter

eXp Realty LLC License #0488468

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,409

Year Built

  • Built in 2015

Lot Details

  • 5,924 Sq Ft Lot
  • Wood Fence

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,684 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows

Kitchen

  • Plumbed For Gas In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2,684 Sq Ft Building
  • Mckinney Outlots Subdivision

Listing and Financial Details

  • Tax Lot 757A
  • Assessor Parcel Number R0926000757A1
  • $10,455 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,409

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Burglar, Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 36000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 216.09538
  • Special Features: None
  • Year Built: 2015

Interior Features

  • Square Footage: 2684.00
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Vented Exhaust Fan, Gas Water Heater
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Garage
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water, Concrete, Curbs, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1360
  • Parcel Number: R0926000757A1
  • Lot Size Acres: 0.1360
  • Lot Size Sq Ft: 5924.1600

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Windows

Building Info

  • Year Built: 2015
  • Units Total: 2

Multi Family

  • Gross Annual Income: 48000.00
  • Insurance Expense: 2000
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 10455
  • Tax Lot: 757A

MLS Schools

  • MiddleOrJuniorSchool: Faubion
  • Middle School Name: Faubion
  • Elementary School Name: Caldwell
  • High School Name: Mckinney Boyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 3, 2019
Sold by
Valles Custom Homes Inc
Bought by
Shah Dhaval and Rana Ankit
Seller's Agent
Fred Jones
Ebby Halliday, Realtors
Buyer's Agent
Cheryl Tischler
Fathom Realty, LLC
List Price
$425,000
Current Estimated Value
$619,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$318,750
Outstanding Balance
$282,299
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$318,935

Purchase Details

Closed on
Feb 3, 2014
Sold by
Chenoweth Sandra
Bought by
Valles Custom Homes Inc

Purchase Details

Closed on
Dec 27, 2007
Sold by
Bank Of America Na
Bought by
Chenoweth Sandra
Source: Public Records

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    • Unit 1704-1706
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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Republic Title Of Texas
Warranty Deed -- Rtt
Warranty Deed -- Richmond Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $26,588 Unknown
Previous Owner $20,379 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold -- -- --
07/25/2021 07/25/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $575,000 +35.3% $214 / Sq Ft
10/04/2019 10/04/19 Sold -- -- --
08/15/2019 08/15/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $425,000 -- $158 / Sq Ft
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 $10,409 $592,788 $112,000 $480,788
2022 $11,012 $549,504 $98,000 $451,504
2021 $10,109 $476,000 $63,000 $413,000
2020 $10,563 $467,354 $59,500 $407,854
2019 $8,724 $367,000 $42,000 $325,000
2018 $7,066 $290,502 $39,000 $251,502
2017 $6,640 $273,000 $36,000 $237,000
2016 $6,619 $266,610 $30,000 $236,610
2015 $385 $21,000 $21,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Haistings

    Seller's Agent in 2021

    Matt Haistings

    Compass RE Texas, LLC

    (469) 434-3075

    1 in this area

    90 Total Sales

    Matt Haistings
    Section Image

  • T

    Buyer's Agent in 2021

    Tami Carter

    eXp Realty LLC

    Section Image
  • Fred Jones

    Seller's Agent in 2019

    Fred Jones

    Ebby Halliday

    (214) 223-2990

    77 Total Sales

    Fred Jones
    Section Image

  • C

    Buyer's Agent in 2019

    Cheryl Tischler

    Fathom Realty, LLC

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14625954

North Texas Real Estate Information Systems (NTREIS)

APN: R-0926-000-757A-1

Texas Collin County McKinney 75069 East McKinney

311 Watt St, McKinney, TX

This home is located at 311 Watt St, McKinney, TX 75069 and is currently estimated at $575,000, approximately $214 per square foot. This property was built in 2015. 311 Watt St is a home located in Collin County with nearby schools including Caldwell Elementary School, Faubion Middle School, and McKinney Boyd High School.

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