Available
$270,000(ARV: $410,000)66% of ARV

Collin County, McKinney, TX 75069

3 bd2 ba1,613 sfBuilt 1992

3 days ago

Gross spread$140,000

Description

Situated in a quiet pocket of McKenny in an established neighborhood, this is the ideal cosmetic flip or rental opportunity. With flipped homes selling within two months and rentals selling within a month, this is one of the more desired locations in DFW. Check out the photos for an idea of the condition and comps for a better idea of the values. Reach out for more info/access: [contact details hidden] Condition: Foundation - Walks well, noticed interior cracks Roof - No known issues HVAC - Functioning as intended but dated Electric & Plumbing - Updated PVC and electrical panel Rent Comps: 707 S College Street, McKenny, TX - 1,692 sqft RENTED FOR $2,850/mo 602 S Chestnut, McKenny, TX - 2,093 sqft RENTED FOR $2,350/mo ARV Comps: 718 Parker St, McKenny, TX - 1,414 sqft SOLD FOR $530,000 402 S Kentucky Street, McKenny, TX - 1,716 sqft SOLD FOR $475,000 Terms: Cash or cash equivalent Closing ASAP $5,000 EMD to lock up deal Property deliverd vacant

$/sqft vs market

This deal$167/sqft
Market median$279/sqft
Difference−40% below

Median of 7 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,613
Lot size6,665 sf
Year built1992
ConditionLight Rehab
OccupancyVacant
ParkingAttached Garage

Systems & condition

Roof age1-3 yrs
HeatingFurnace
Air conditioningCentral AC
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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