Last 24 Hours
$1,042,351
NAL Estimated Property Value1001 N Independence Parkway, McKinney, TX, 75071
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5.00 acres
Land Information
APNR-6220-001-0580-1
Lot Number58
SubdivisionCharles Carter Survey
Land UseResidential
Legal DescriptionABS A0220 CHARLES CARTER SURVEY, SHEET 1, TRACT 58, 4.997 ACRES
Census Tract030524
Assessed Land Value$1,033,929
Assessed Improvement Value$8,422
Assessment Year2025
About this property
This Unique Property can be used for a secluded homesite or a possible business or both. Located nearby the Highly Desirable Intersection of Independence & Virginia Parkway where the entrance is the gate at the dead-end of Independence. 5 acres, a Very Nice 2100 sq ft Mueller metal workshop with 12' tall ceilings & concrete slab. The workshop has the electricity to it & an office with drive-through doors. Completely fenced & there are two entrances. It may be possible to hook on to city sewer per owner. Recorded easements on the North & South end of the property. Close to shops & schools. DFW airport is approx 28 miles away. This is a Rare Find.
Investor Tools
$1,042,351
Estimated Property Value
$0Estimated Mortgage Balance
$1,042,351Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,254 /month
Positive
Cash Flow Estimate:
$2,085 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,258/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,882
$1,042,351
2025
$1,033,929
$8,422
$1,042,351
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,882
$1,042,351
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,042,351
100%
0%
$0/mo
12.4%