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B+
NoAgentList RatingHow are grades calculated? Info

$280,000

1011 N Kentucky St, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.41 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Range, Warming Drawer
FlooringCarpet, Ceramic Tile, Combination, Tile, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size9,720 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APNR-0869-033-1030-1
Lot Number103
SubdivisionColeman Addition (Cmc)
Land UseResidential
Legal DescriptionCOLEMAN ADDITION (CMC), BLK 33, LOT 103
Census Tract030701
Assessed Land Value$154,375
Assessed Improvement Value$95,625
Assessment Year2025

About this property

CENTRALLY LOCATED 3 BEDROOM, 1 BATH, LARGE LOT ADORABLE HOUSE IN HISTORIC DOWNTOWN MCKINNEY 1 BLOCK TO HUTCHINS BBQ. East Facing, New Paint, New Carpet, and move-in ready. Large Walk-in Closet in the Primary Bedroom, Shared Bathroom with tons of Cabinet Storage and Medicine Cabinet + Shower and Bath Combo. Kitchen has new Electric Oven and Stove. Out Back there is a Deck right off the door and another deck to the South of the house. Fenced Backyard with both Wooden and Chainlink Fence, and the yard extends all the way to the back alley, so all of the trees and what appears to be a separate lot is also included plus McKinney allows for ADUs so it's a perfect investment + Ramp out front makes entry easy for everyone. Directly across the street is a small grocery store and Hutchins BBW is only 1 block away. Perfect home for first home buyers and investors. Near 380 + walking distance to bars, restaurants, shopping in downtown McKinney. 3D Tour is available online as well. Easy to show.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$225,475Estimated Mortgage Balance
$66,928Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,144
$250,000
2025
$154,375
$95,625
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,144
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$225,475
No
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,072
$66,928
23%
76%
$1,352/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,352/mo
+$213/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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1011 N Kentucky St | Property Details | No Agent List