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$276,734

1407 Oak St, McKinney, TX, 75069

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.1 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesVented Exhaust Fan
FlooringVinyl

Exterior

Exterior FeaturesFire Pit, Lighting, Private Yard, Storage
Lot Size10,667 sqft

Building Information

Year Built1947
Stories1
Roof Type105

Land Information

APNR-0870-016-0080-1
Lot Number8
SubdivisionCollege Addition (Cmc)
Land UseResidential
Legal DescriptionCOLLEGE ADDITION (CMC), BLK 16, LOT 8
Census Tract030701
Assessed Land Value$168,750
Assessed Improvement Value$107,984
Assessment Year2025

About this property

CENTRALLY LOCATED 2 BEDROOM, 1 BATH, LARGE LOT ADORABLE HOUSE IN HISTORIC DOWNTOWN MCKINNEY NEAR MCKINNEY SQUARE. East Facing, New Neutral Paint throughout, New Vinyl Flooring, and completely move-in ready. Walk-in Closet in both Bedrooms, Shared Bathroom with tons of Cabinet Storage + Shower and Bath Combo. Kitchen will have new Electric Oven and Stove installed. Separate Laundry area with Shiplap Walls and Shelving. Fenced Backyard with Wooden Fence + Large 300 Sqft Storage Shed, and the yard extends all the way to the back easement, so all of the trees is also included plus McKinney allows for ADUs so it's a perfect investment property because you can build another dwelling unit in the backyard. Cute Covered Front Porch is great for watching the summer rains blow through. This is a perfect home for first home buyers and investors. Near 380 + walking distance to bars, restaurants, shopping in downtown McKinney. No Owner Finance. 3D Tour is available online as well. Easy to show.

Investor Tools

Property Icon
$276,734
Estimated Property Value
$0Estimated Mortgage Balance
$276,734Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,660 /month
Positive
Cash Flow Estimate:
$553 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,121
$276,734
2025
$168,750
$107,984
$276,734
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,121
$276,734

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,734
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
6.8%

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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1407 Oak St | Property Details | No Agent List