$199,900
SOLD SEP 29, 2017
Last list price
5 Beds
2 Baths
2,055 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

12 Days on Market

Highlights

  • Central Heating
  • Faubion Middle School Rated A-
  • 2 Car Garage

About This Home

As of December 2021

Newly Remodeled Duplex. Both units comes with fridge. New Plumbing, floors, kitchen, vanities, windows and new electrical. Also Features Hardwood Floor, new paint, and a big backyard. Unit Downstairs rents for $1000 or more, unit upstairs rents for $1200. These units Rent FAST. In excellent location near farmers market in downtown Mckinney and across the street from all the shops. Easy access to FWYs.

Last Agent to Sell the Property

Krystal Wakefield

EXP REALTY License #0665135 Listed on: 08/26/2017

EXP REALTY

Last Buyer's Agent

Brian Wright

Mile27 Realty License #0469749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,389

Year Built

  • 1960

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Siding

Schools

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

Additional Features

  • 2-Story Property
  • Central Heating

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number R0941014002B1
  • $1,458 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,389

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: MUL-Full Duplex
  • Exclusions: BUYER AND BUYERS AGENT TO VERIFY ALL INFO
  • Number Of Stories: 2
  • Sq Ft Building: 2055
  • Year Built Details: Preowned
  • Special Features: None
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Other Equipment: Cooktop - Gas, Dishwasher, Range/Oven-Gas, Refrigerator

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Garage

Utilities

  • Heating: Central Air-Elec, Central Heat-Gas
  • Utilities: City Sewer, City Water

Schools

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

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Number: 2B
  • Lot Size Units: Acres
  • Lot Size Area: 0.057
  • Lot Size Area Sq Ft: 2482.92
  • Parcel Number: R0941014002B1

Multi Family

  • No. of Units: 2
  • Gross Annual Expenses: 6000
  • Gross Annual Income: 27600
  • Insurance Expense: 924
  • Net Annual Income: 21600
  • Tenancy: Over 9 Months

Tax Info

  • Unexempt Taxes: 1458

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Rs Xii Dallas Owner 1 Lp
Bought by
Rs Xii Nm Dallas Owner 1 Lp
Current Estimated Value
$484,409

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 4, 2021
Sold by
Standifer Mckinney Investments Llc
Bought by
Rs Xii Dallas Owner 1 Lp
Seller's Agent
Scott Greenberg
RE/MAX DFW Associates
Buyer's Agent
Jeremy Shade
Winhill Advisors Kirby
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Listed on
Aug 26, 2017
Closed on
Sep 29, 2017
Sold by
Wake Capital Llc
Bought by
Standifer Mckinney Investments Llc
Seller's Agent
Krystal Wakefield
EXP REALTY
Buyer's Agent
Brian Wright
Mile27 Realty
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Santiago Julius and Packer Adela Crystal
Bought by
Scout Residential Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2000
Sold by
Yeager Muriel Odle
Bought by
Santiago Julius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
13.3%
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 Type Sale Price Title Company
Special Warranty Deed -- New Title Company Name
Warranty Deed -- First American Title
Warranty Deed -- Alamo Title Co
Warranty Deed -- Alamo Title Co
Vendors Lien -- Chicago Title
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Commercial
Previous Owner $160,000 Commercial
Previous Owner $1,050,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,000 New Conventional
Previous Owner $66,000 Unknown
Previous Owner $33,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Rented $1,445 -0.3% --
04/04/2023 04/04/23 Under Contract -- -- --
03/30/2023 03/30/23 For Rent $1,450 0.0% --
03/27/2023 03/27/23 Under Contract -- -- --
02/03/2023 02/03/23 For Rent $1,450 0.0% --
01/31/2023 01/31/23 Off Market $1,450 -- --
01/24/2023 01/24/23 For Rent $1,450 0.0% --
12/06/2021 12/06/21 Sold -- -- --
10/15/2021 10/15/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $400,000 0.0% $174 / Sq Ft
07/25/2019 07/25/19 Rented $1,195 -4.4% --
07/25/2019 07/25/19 For Rent $1,250 +4.2% --
06/29/2018 06/29/18 Rented $1,200 -7.6% --
05/30/2018 05/30/18 Under Contract -- -- --
05/01/2018 05/01/18 For Rent $1,299 0.0% --
09/29/2017 09/29/17 Sold -- -- --
09/07/2017 09/07/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $199,900 -- $97 / 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 $8,389 $468,275 $47,500 $420,775
2022 $8,104 $404,381 $47,500 $356,881
2021 $4,572 $215,305 $30,000 $185,305
2020 $4,534 $200,598 $30,000 $170,598
2019 $1,823 $76,667 $25,000 $51,667
2018 $1,544 $63,469 $12,000 $51,469
2017 $1,513 $62,226 $9,000 $53,226
2016 $1,458 $58,747 $6,600 $52,147
2015 $1,271 $45,276 $6,000 $39,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13681265

North Texas Real Estate Information Systems (NTREIS)

APN: R-0941-014-002B-1