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Owner Contacts

$457,584

NAL Estimated Property Value

1501 Oak St, McKinney, TX, 75069

Off Market

3 Beds

2 Bath

1,551 Sq Ft

$322.31 / sqft

Built in 1924

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Garden

Lot Size6,020 sqft

Building Information

Year Built1924

Stories1

Garage Spaces2

Land Information

APNR-0870-017-005A-1

Lot Number5A

SubdivisionCollege Addition (Cmc)

Land UseResidential

Legal DescriptionCOLLEGE ADDITION (CMC), BLK 17, LOT 5A

Census Tract030701

Assessed Land Value$137,500

Assessed Improvement Value$320,084

Assessment Year2025

About this property

ADORABLE COTTAGE HISTORIC AREA of McKinney-taken down to the studs in 2020, this home is basically NEW! However, the owner has made sure the CHARM is still apparent!Original wood floors,original doors & salvaged doors & doorknobs. Shiplap exposed on ceilings in open living area, kitchen & dining room. Designer tile in hallway leading to Laundry Room & built in hall bench.Kitchen is amazing with teal lower & white upper cabinets,brass fixtures,white subway tille in Herringbone Pattern, Farm Sink, Gas Cooktop with Pot Filler!Carrara Marble counters inkitchen & bathrooms.Master BR has adjoining bath, nostalgic brass claw foot tub, walk in shower, 2 sinks &huge walk in closet!Front Porch Living and raised beds in yard w. drought tolerant plants, just beautiful!Backyard has newly poured concrete patio, covered & additional side yard w. new sod. Double car garage is a huge bonus!This home is on a corner lot and quiet street. ALL new plumbing,electric,HVAC,tankless water heater & foundation!

Investor Tools

$457,584

Estimated Property Value

$0Estimated Mortgage Balance

$457,584Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,999 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$936/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,942

$457,584

2025

$137,500

$320,084

$457,584

Tax History

Year

Tax Paid

Assessed Value

2024

$8,942

$457,584

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$457,584

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

4.1%

Learn About the Market: Opportunity in Texas

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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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