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$444,071

NAL Estimated Property Value

1401 West Street, McKinney, TX, 75069

Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,582 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1975

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size22,002 sqft

Building Information

Year Built1975
Stories1

Land Information

APNR-0870-025-002B-1
Lot Number2B34A
SubdivisionCollege Addition (Cmc)
Land UseCommercial
Legal DescriptionCOLLEGE ADDITION (CMC), BLK 25, LOT 2B 3 4A 4B
Census Tract030701
Assessed Land Value$297,029
Assessed Improvement Value$147,042
Assessment Year2025

About this property

Lot size is appx 22,000 sq ft. City RS 60 zoning will allow minimum 6000 sq ft lot sizes. Great location for someone looking for a large residential lot to build their dream home or could posssibly be divided into multiple single family lots. Contact City of McKinney for the latest subdivision regulations. Lot use is currently the home of the Woodmen Life fraternal lodge. Seller will not remove improvements from the property, that will be the obligation of the buyer if desired. Propety is also listed as commerical building under ML 20466226.

Investor Tools

Property Icon
$444,071
Estimated Property Value
$258,176Estimated Mortgage Balance
$185,895Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,327
$444,071
2025
$297,029
$147,042
$444,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,327
$444,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wesleyan Investment Foundation Inc
Commercial
$270,000
No
First
Dec 28, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,176
$185,895
41%
58%
$1,619/mo

City: McKinney

1401 West Street | Property Details | No Agent List