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$355,119

NAL Estimated Property Value

1207 N College St, McKinney, TX, 75069

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.63 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size6,478 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-0875-038-038H-1
Lot Number38H
SubdivisionH L Davis Addition (Cmc)
Land UseResidential
Legal DescriptionH L DAVIS ADDITION (CMC), BLK 38, LOT 38H
Census Tract030702
Assessed Land Value$192,500
Assessed Improvement Value$162,619
Assessment Year2025

About this property

Incredible opportunity on historic N. College St. less than 1 mile from McKinney's award winning Downtown Square, under a 5 minute drive to world class dining, boutiques, and year-round festivals. Step through the modern front door of this 1,539 sqft home into an impressive living area featuring beamed ceilings, a classic brick wood-burning fireplace, and expansive glass sliding doors that flood the space with natural light and open to a large wood deck perfect for entertaining. Two driveways plus a covered carport with storage add everyday convenience rarely found at this price point. The remodeled kitchen shines with recessed lighting, stainless steel electric range, built-in SS microwave, and a SS sink with designer goose-neck faucet. A dedicated laundry room accommodates side-by-side washer and dryer, plus a separate utility closet keeps everything organized. The primary bedroom features custom built-in shelving and a fully remodeled ensuite. A second remodeled bathroom offers a sleek stand-alone shower. October 2024 foundation repair at $31,000 has been taken care of by this owner with a Pinnacle Foundation Repair transferable warranty. HVAC 2016, Out back, a 400 sq ft powered workshop seals the deal. Minutes to McKinney National Airport and Stonebridge Ranch clubs. Location + updates + foundation work = rare find.

Investor Tools

Property Icon
$355,119
Estimated Property Value
$170,570Estimated Mortgage Balance
$185,475Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,131 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,995
$355,119
2025
$192,500
$162,619
$355,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,995
$355,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Service First Mortgage Co
Fha
$215,916
Yes
First
Aug 17, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,570
$184,549
51%
48%
$1,295/mo

City: McKinney

1207 N College St | Property Details | No Agent List