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$495,000

NAL Estimated Property Value

1106 Cole St, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.59 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDishwasher, Gas Water Heater
FlooringLinoleum, Wood

Exterior

Lot Size17,604 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-0865-005-001A-1
Lot Number1A,2
SubdivisionBush Garland Addition (Cmc)
Land UseResidential
Legal DescriptionBUSH GARLAND ADDITION (CMC), BLK 5, LOT 1A, 2 & 5D
Census Tract030802
Assessed Land Value$310,000
Assessed Improvement Value$140,617
Assessment Year2025

About this property

HISTORIC MCKINNEY - CASH ONLY - AS IS - in the brown signs circa 1940 home with detached garage in need of TLC. Great corner lot on Cole and Cedar St., recent survey available, .404 Acre, 2 Lots reflected on CAD. City and Historic Preservation Board would have to approve if home could be removed or torn down to possibly have room for two homes, coming off of Cole and off of Cedar. Variances more than likely would be needed as well. Buyer would be responsible for verifying with the City and Preservation Board any work that they would be interested in having done. However, this home could be remodeled with additional square footage added and would have a wonderful large yard for possible garage apartment, office space, etc. Located not too far from Downtown Historic McKinney entertainment district, convenient to major highways including Hwy 75 Central Expressway, Hwy 380 and George Bush 190. Water, electricity, city sewer available.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,999
$450,617
2025
$310,000
$140,617
$450,617
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,999
$450,617

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,000
100%
0%
$0/mo

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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1106 Cole St | Property Details | No Agent List