507 S McDonald St McKinney, TX 75069
East McKinney NeighborhoodEstimated payment $1,771/month
About This Lot
Prime .23 Acre Lot for Sale – Residential or Commercial Use!*Incredible opportunity to own a versatile .23-acre lot located in a high-traffic area this corner lot offers outstanding visibility and accessibility, making it perfect for commercial development, investment, or residential use.Surrounded by established businesses, restaurants, shopping centers, and essential services, this lot is situated in one of the most desirable and fastest-growing areas in town. Whether you're looking to build your dream home or establish your next business venture, this location offers endless potential.Don't miss your chance** to invest in a rare property that combines **location, exposure, and flexibility.** Utilities available. Drive by today and imagine the possibilities!
Listing Agent
Encore Fine Properties Brokerage Phone: 956-821-6170 License #0675119 Listed on: 06/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,683
Lot Details
- 10,019 Sq Ft Lot
- Irregular Lot
- Zoning described as Residential or commercial use
Schools
- Finch Elementary School
- Mckinney High School
Community Details
- Shorts Add Subdivision
Listing and Financial Details
- Legal Lot and Block 4A / 17
- Assessor Parcel Number R0941017004A1
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,683 | $95,000 | $95,000 | $0 |
| 2022 | $3,687 | $183,978 | $95,000 | $187,986 |
| 2021 | $3,552 | $214,904 | $60,000 | $154,904 |
| 2020 | $3,436 | $203,464 | $60,000 | $143,464 |
| 2019 | $3,286 | $138,225 | $50,000 | $166,306 |
| 2018 | $3,056 | $125,659 | $40,000 | $162,690 |
| 2017 | $2,778 | $181,948 | $30,000 | $151,948 |
| 2016 | $2,578 | $150,037 | $22,000 | $128,037 |
| 2015 | $949 | $121,928 | $20,000 | $101,928 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | For Sale | $298,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $107,800 | Stand Alone First | |
| Closed | $93,300 | Credit Line Revolving |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20975477
APN: R-0941-017-004A-1
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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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