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$476,000

NAL Estimated Property Value

1318 Coleman St, McKinney, TX, 75069

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,792 Sq Ft
price_per_sqft$209.26 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCeramic Tile, Laminate

Exterior

Lot Size9,013 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-0833-00L-0070-1
Lot Number7
SubdivisionUrbanton Addition (Cmc)
Land UseResidential
Legal DescriptionURBANTON ADDITION (CMC), BLOCK L, LOT 7, ACRES 0.2069
Census Tract030701
Assessed Land Value$162,500
Assessed Improvement Value$237,885
Assessment Year2025

About this property

Charming traditional one-story home ideally located near historic Downtown McKinney and surrounded by quality homes. A welcoming covered front porch sets the tone for this inviting property, offering timeless curb appeal and a comfortable place to relax and enjoy the neighborhood. Inside, you'll find a functional open-concept floor plan designed for both everyday living and entertaining. The split-bedroom layout provides added privacy, with the primary suite separated from the secondary bedrooms. The home features two full bathrooms, spacious living and dining areas, and abundant natural light throughout. Situated on a generous lot, the large partially fenced backyard offers endless possibilities for outdoor enjoyment, gardening, pets, or future enhancements. A two-car garage provides ample storage and convenience. This home presents an excellent opportunity for buyers looking to add their own personal style and updates. With great bones, a desirable layout, and an exceptional location close to shopping, dining, parks, and all that Downtown McKinney has to offer, this property is ready to become something truly special.

Investor Tools

Property Icon
$476,000
Estimated Property Value
$117,128Estimated Mortgage Balance
$359,197Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,095
$400,385
2025
$162,500
$237,885
$400,385
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,095
$400,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$149,900
No
First
Mar 1, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,128
$358,872
75%
25%
$899/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$899/mo
+$1,673/mo
6.5%

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.

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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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1318 Coleman St | Property Details | No Agent List