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$315,886

NAL Estimated Property Value

1407 W University Dr, McKinney, TX, 75069

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths2,020 Sq Ft
Year BuiltBuilt in 1966

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringOther

Exterior

Lot Size8,803 sqft

Building Information

Year Built1966
Stories1
Roof Type105

Land Information

APNR-0870-028-028Z-1
Lot Number28Z
SubdivisionCollege Addition (Cmc)
Land UseCommercial
Legal DescriptionCOLLEGE ADDITION (CMC), BLK 28, LOT 28Z
Census Tract030701
Assessed Land Value$145,257
Assessed Improvement Value$170,629
Assessment Year2025

About this property

Prime Office Space in McKinney ideally situated in the heart of McKinney, Texas. This professional office space offers exceptional visibility and accessibility, off a major highway for effortless commuting and exposure to high traffic. Perfect for businesses seeking a strategic location to thrive and grow. Key Features: Prime location centrally located with easy access to major highways, ensuring seamless connectivity to Dallas and surrounding areas. Enjoy the benefits of high visibility on a bustling thoroughfare. The spacious interior boasts a generous layout, offering flexibility for various configurations. Ideal for individual offices, collaborative workspaces, or meeting rooms to accommodate your team’s needs. Equipped with essential amenities to support your business operations, ample parking, and a professional environment. In 2019 the building was completely stripped down to the studs and renovated to its current state. Renovations include a new roof, HVAC units, walls, flooring, kitchen, bathroom, and other finish-outs. Surrounded by a vibrant business community with numerous big chain retailers. The area features a mix of retail, dining, and services, providing convenience for clients and employees. Maximize your brand's visibility with prominent signage on West University Dr attracting potential clients and customers. McKinney is one of the fastest-growing cities in Texas, known for its rich history, vibrant community, and strong economic development. Enjoy a thriving local economy, excellent schools, and a high quality of life, just a short drive from the Dallas metropolitan area.

Investor Tools

Property Icon
$315,886
Estimated Property Value
$0Estimated Mortgage Balance
$315,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,707
$315,886
2025
$145,257
$170,629
$315,886
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,707
$315,886

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,886
100%
0%
$0/mo

City: McKinney

1407 W University Dr | Property Details | No Agent List