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$523,578

NAL Estimated Property Value

1100 N Morris St, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,761 Sq Ft
price_per_sqft$337.88 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Water Heater
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size42,000 sqft

Building Information

Year Built1970
Stories1
Garage Spaces1

Land Information

APNR-0835-023-004A-1
Lot Number4A,4B
SubdivisionWaddill Addition (Cmc)
Land UseResidential
Legal DescriptionWADDILL ADDITION (CMC), BLK 23, LOT 4A & 4B; * OL 2 * OL 2
Census Tract030702
Assessed Land Value$350,000
Assessed Improvement Value$173,578
Assessment Year2025

About this property

Multiple Offers! Maybe be possible to subdivide into 2 large lots with the city approval pr city. This charming ranch-style home, built by George R and Marguerite Morris in 1953, is now available for sale. Located in the historic downtown McKinney area & offers easy walking access to the various shops and entertainment options found on the square. The property boasts a spacious apprx 1 acre lot perfect for garden or a pool, w a backyard ideal for entertaining. Adjacent to a recently renovated park, this property is also a great option for families w kids or grandkids. Conveniently located near schools w easy access to Highway 75 and 121, this property offers both privacy and accessibility. Mature pecan trees in backyard produce pecans annually, adding to the appeal of this unique property. Don't miss your chance to own a piece of history-this home has been in the family for over a decade and is ready for new memories to be made! Brick fireplace in living is mock & adds a lot of charm.

Investor Tools

Property Icon
$523,578
Estimated Property Value
$981,408Estimated Mortgage Balance
$523,578Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,446
$523,578
2025
$350,000
$173,578
$523,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,446
$523,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dr Mortgage Llc
Unknown
$517,500
No
First
Jul 31, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$981,408
N/A
0%
187%
$6,206/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$6,206/mo
$-4,641/mo
3.6%

City: McKinney

1100 N Morris St | Property Details | No Agent List