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$469,438

NAL Estimated Property Value

1303 N Morris St, McKinney, TX, 75069

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.5 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringCarpet, Wood

Exterior

Lot Size6,098 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APNR-0918-012-012J-1
Lot Number12J
SubdivisionT H Muse Addition (Cmc)
Land UseResidential
Legal DescriptionT H MUSE ADDITION (CMC), BLK 12, LOT 12J
Census Tract030702
Assessed Land Value$175,000
Assessed Improvement Value$294,438
Assessment Year2025

About this property

THIS IS A DUPLEX! 2 bedroom 1 bath, living area, kitchen and dining room ON EACH SIDE OF UNIT A AND B. Located in downtown McKinney. Quick access to the charming downtown area and access to highway 75. There are 2 units that use a shared garage, shared back yard, and laundry space. Some updates have been done and ready for a buyer to lease immediately. Perfect for an investor that wants to live on site and generate revenue. Each unit is about 800 square feet.

Investor Tools

Property Icon
$469,438
Estimated Property Value
$361,723Estimated Mortgage Balance
$107,715Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,817 /month
Positive
Cash Flow Estimate:
$939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,412
$469,438
2025
$175,000
$294,438
$469,438
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,412
$469,438

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$363,298
Yes
First
Feb 11, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,723
$107,715
22%
77%
$2,179/mo

City: McKinney

1303 N Morris St | Property Details | No Agent List