Last list price
503 Smith St McKinney, TX 75069
East McKinney Neighborhood
2
Beds
1
Bath
1,194
Sq Ft
0.25
Acres
Highlights
- A-Frame Home
- Interior Lot
- Landscaped
- Faubion Middle School Rated A-
- 1-Story Property
- Space Heater
About This Home
As of July 2024Priced to sell quickly~ Attention Investors! CASH Only! This hidden gem is waiting to be transformed, offering an excellent opportunity for investors. Located just minutes from downtown McKinney, this property is ideal for flipping, though extensive rehab is required, estimated between $120-150K. The lot is one of the largest in the community .250 acres and includes a bonus garden house NOT factored into the square footage (10x10), which is perfect for converting into a flex room or office space. Recent upgrades include a new roof in 2021 and an updated water heater. With Residential or Commercial zoning, the potential for this property is boundless, although multi-family use is not permitted! This home offers immense potential for the savvy buyer. Don't miss out on this lucrative opportunity – GO SHOW TODAY!
Last Agent to Sell the Property
EXP REALTY Brokerage Phone: 972-712-8500 License #0477997 Listed on: 05/08/2024
Last Buyer's Agent
EXP REALTY Brokerage Phone: 972-712-8500 License #0477997 Listed on: 05/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,255
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Chain Link Fence
- Landscaped
- Interior Lot
- Irregular Lot
- Back Yard
Parking
- 2 Carport Spaces
Home Design
- A-Frame Home
- Composition Roof
- Siding
Interior Spaces
- 1,194 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Caldwell Elementary School
- Faubion Middle School
- Mckinney Boyd High School
Utilities
- Cooling System Mounted To A Wall/Window
- Space Heater
- Overhead Utilities
- Individual Gas Meter
Community Details
- Mckinney Outlots Subdivision
Listing and Financial Details
- Tax Lot 771A
- Assessor Parcel Number R0926000771A1
- $2,734 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Jul 30, 2024
Sold by
Rogers Dianne M and Rogers Ronald L
Bought by
Luxdall Capital Partners Ii Llc
Seller's Agent
Rachel Boston
EXP REALTY
Buyer's Agent
Rachel Boston
EXP REALTY
List Price
$199,900
Sold Price
$199,900
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.53%
Original Mortgage
$293,968
Outstanding Balance
$75,391
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$402,122
Purchase Details
Closed on
Feb 10, 2021
Sold by
Boykin Madelyn Johnson and Estate Of Sophia M Nelson
Bought by
Rogers Dianne M and Rogers Ronald L
Similar Homes in McKinney, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Independence Title | |
| Deed Of Distribution | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $293,968 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $489,000 | -2.2% | $262 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $499,900 | -2.9% | $268 / Sq Ft |
| 03/22/2025 03/22/25 | Price Changed | $514,900 | -1.9% | $276 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $524,900 | +162.6% | $282 / Sq Ft |
| 07/30/2024 07/30/24 | Sold | -- | -- | -- |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $199,900 | 0.0% | $167 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $199,900 | -- | $167 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $3,255 | $153,131 | $123,250 | $29,881 |
| 2022 | $2,621 | $130,785 | $101,500 | $29,285 |
| 2021 | $1,662 | $102,668 | $72,500 | $30,168 |
| 2020 | $1,608 | $96,565 | $72,500 | $24,065 |
| 2019 | $1,538 | $64,694 | $52,200 | $25,908 |
| 2018 | $1,430 | $58,813 | $50,750 | $25,133 |
| 2017 | $1,300 | $69,574 | $43,500 | $26,074 |
| 2016 | $1,207 | $51,665 | $27,550 | $24,115 |
| 2015 | $122 | $45,552 | $24,650 | $20,902 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Boston
Seller's Agent in 2025
Rachel Boston
EXP REALTY
(214) 697-7706
3 in this area
52 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20611938
APN: R-0926-000-771A-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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