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$315,000

1503 Oak St, McKinney, TX, 75069

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.23 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesElectric Oven, Microwave

Exterior

Lot Size11,179 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-0870-017-0070-1
Lot Number7
SubdivisionCollege Addition (Cmc)
Land UseResidential
Legal DescriptionCOLLEGE ADDITION (CMC), BLK 17, LOT 7
Census Tract030701
Assessed Land Value$168,750
Assessed Improvement Value$119,990
Assessment Year2025

About this property

**This PROPERTY qualifies for a $5,000 Grant From Chase Contact Bruce Lising agent for details 214-551-9073**Discover the timeless charm of this beautifully preserved 1965 home, just minutes to downtown McKinney square with its quaint boutiques, dining, museums, and entertainment. This delightful home offers 2 bedrooms, 1 bathroom, and inviting living and dining spaces, all set on an expansive lot that offers both beauty and potential. The curb appeal is striking, with mature shade trees and lush, thoughtful landscaping welcoming you home. Step into the backyard oasis—perfect for outdoor entertaining or peaceful evenings under the stars. Inside, you’ll find original rich oak hardwood floors throughout, complemented by tile in the kitchen. Significant updates include foundation work in 2015 and a major remodel in 2016, featuring new kitchen cabinets, countertops, flooring, crown molding, an updated bathroom, and AC system. New Roof in 2018. Double-pane windows were added in 2019, and fresh interior paint brightens the home as of 2024. A detached one-car garage includes a 10x10 ft storage room, and the nearly quarter of an acre backyard offers endless possibilities for expansion or customization. This home blends classic character with modern comfort in a highly sought after location, don't miss your chance to own a piece of McKinney's rich history.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$303,125Estimated Mortgage Balance
$1,962Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,992
$288,740
2025
$168,750
$119,990
$288,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,992
$288,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$303,125
No
First
Oct 21, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,038
$1,962
0%
99%
$1,818/mo

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.

Explore Texas Explore This Area
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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1503 Oak St | Property Details | No Agent List