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$509,000

NAL Estimated Property Value

1104 W Lamar Street, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
price_per_sqft$327 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,968 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0897-000-0050-1
Lot Number5
SubdivisionF M Hill Addition #2 (Cmc)
Land UseResidential
Legal DescriptionF M HILL ADDITION #2 (CMC), LOT 5
Census Tract030702
Assessed Land Value$280,000
Assessed Improvement Value$225,927
Assessment Year2025

About this property

HISTORIC MCKINNEY - Built-in 1920, this charming home is located within walking distance of Historic Downtown McKinney Square, where you will find ample shopping, dining, and entertainment. A lovely front porch welcomes you to a well-maintained, updated house that does not detract from the charm desired in a historic home. This darling home features three bedrooms, two full bathrooms, a living room, and a dining room. An updated kitchen features stainless steel appliances, white backsplash tile, white cabinets, wainscoting, can lights, and granite countertops. Original wood floors in some rooms and LVT floors in the kitchen. Wait till you see the oversized backyard which features lovely gardens and flower beds, large hundred-year-old trees, and landscaping. The possibilities are endless. The property has ample side driveway parking with a gate and a detached garage. No survey. Foundation work done March 2021, Roof in great shape - this house sold As Is. Fabulous location!

Investor Tools

Property Icon
$509,000
Estimated Property Value
$442,528Estimated Mortgage Balance
$66,472Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,099
$505,927
2025
$280,000
$225,927
$505,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,099
$505,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stride Bank Na
Conventional
$474,050
No
First
Oct 31, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,528
$66,472
13%
87%
$2,843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,843/mo
$-871/mo
4.6%

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.

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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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1104 W Lamar Street | Property Details | No Agent List