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B+
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Days34Days on Market
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$229,750

1305 Hobson Avenue, McKinney, TX, 75069

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.1 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Gas Range, Microwave

Exterior

Lot Size4,661 sqft

Building Information

Year Built1975
Stories1

Land Information

APNR-6558-000-0260-1
Lot Number26
SubdivisionS Mcfarland Survey
Land UseResidential
Legal DescriptionABS A0558 S MCFARLAND SURVEY, TRACT 26, .107 ACRES
Census Tract030802
Assessed Land Value$125,000
Assessed Improvement Value$126,381
Assessment Year2025

About this property

REDUCED PRICE! Up to $15,000 grant for down payment and closing costs might be available please contact for more details! Great opportunity and price for a charming and beautifully renovated three spacious bedrooms one full bath and an office home just minutes from historic downtown McKinney! Home has been tastefully updated with custom kitchen cabinets and quartz counter tops, premium laminate floors, new HVAC, new roof, new windows, updated bathroom, tile, light fixtures, plumbing fixtures, and fresh paint inside and outside. Ready for new owners!

Investor Tools

$0Estimated Mortgage Balance
$251,381Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,508 /month
Positive
Cash Flow Estimate:
$503 /month

Interested in this property?

Yossi Barazani

Rad Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$75
$251,381
2025
$125,000
$126,381
$251,381
No

Tax History

Year
Tax Paid
Assessed Value
2024
$75
$251,381

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$251,381
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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1305 Hobson Avenue | Property Details | No Agent List