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$334,000

NAL Estimated Property Value

1611 N Waddill Street, McKinney, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,525 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.56 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringLaminate

Exterior

Lot Size7,270 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-0888-008-0130-1
Lot Number1314B
SubdivisionFree Methodist College Addition (Cmc)
Land UseResidential
Legal DescriptionFREE METHODIST COLLEGE ADDITION (CMC), BLK 8, LOT 13 14B
Census Tract030701
Assessed Land Value$143,750
Assessed Improvement Value$183,026
Assessment Year2025

About this property

Just minutes away from Historic Downtown Mckinney, night life, and restaurants downtown! Immaculate fully remodeled 3 bedroom 2 bath home. Large living area greets you with new floors, abundant windows & gorgeous light fixtures. This kitchen features oversized granite counter tops, perfect for entertaining, and all stainless appliances. Luxury remodel in both bathrooms! Large master bedroom with walk in closet. Perfect sized yard. You do not want to miss this one!

Investor Tools

Property Icon
$334,000
Estimated Property Value
$278,655Estimated Mortgage Balance
$55,345Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,957
$326,776
2025
$143,750
$183,026
$326,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,957
$326,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$304,000
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,655
$55,345
16%
83%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,823/mo
$-258/mo
5.6%

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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1611 N Waddill Street | Property Details | No Agent List