




$383,000
NAL Estimated Property Value1108 Lela Street, McKinney, TX, 75069
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About this property
Sold AS-IS. Perfect location within walking distance to Historic Downtown McKinney! Great opportunity for investor or cash buyer. Tons of potential for this adorable 3-bedroom home on a large lot with two driveways. Great floorplan for an investment home or Airbnb and ready for new owner to create a fabulous space! NO repairs will be done for the seller. Priced to sell in a great area! #realtytown3
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McKinney
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