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Days51Days on Market
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$660,000

$675,000

1302 Lela St, McKinney, TX, 75069

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,178 Sq Ft
price_per_sqft$303.03 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Built-in Barbecue, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
Lot Size5,020 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-0886-009-009C-1
Lot Number9C
SubdivisionG W Fox Addition (Cmc)
Land UseResidential
Legal DescriptionG W FOX ADDITION (CMC), BLK 9, LOT 9C
Census Tract030702
Assessed Land Value$175,000
Assessed Improvement Value$449,728
Assessment Year2025

About this property

This charming cottage is located in the heart of McKinney's Historic District less than a mile from the Historic Downtown Square. Built in 2018, this home offers modern comfort, thoughtful design, and an incredible backyard retreat. Featuring 3 bedrooms, 2 full baths & powder bath, a dedicated home office, and a spacious second living area upstairs, this home provides the flexibility today's buyers are looking for. The open-concept floor plan centers around a beautiful kitchen with granite countertops, stainless steel appliances, a five-burner gas range, and a large center island overlooking the living room. Soaring vaulted ceilings, custom built-ins, and a cozy fireplace create a warm and inviting gathering space, while the dining nook offers built-in bench seating with convenient storage. Rich wood flooring flows throughout the main living areas downstairs, and French glass-paneled doors provide privacy for the dedicated office. The downstairs primary suite overlooks the backyard oasis and features an ensuite bath with granite countertops, an oversized shower with waterfall shower head, and a spacious walk-in closet. Upstairs, you'll find two additional bedrooms, a full bath, and a generous second living area perfect for a game room, media space, or playroom. Step outside and enjoy your own private retreat complete with a sparkling pool and spa, covered outdoor living area, built-in grill, and low-maintenance turf lawn. Whether entertaining guests or enjoying a quiet evening at home, this backyard was designed for year-round enjoyment. Enjoy the rare opportunity to own a newer construction home in McKinney's highly sought after Historic District neighborhood, with award-winning restaurants, boutique shopping, local events, and the charm of the Historic Square just a short walk or bike ride away.

Investor Tools

$0Estimated Mortgage Balance
$624,728Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Lisa Lee

Lisa Lee Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,043
$624,728
2025
$175,000
$449,728
$624,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,043
$624,728

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$624,728
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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1302 Lela St | Property Details | No Agent List