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$550,000

1809 Greenwood Rd, McKinney, TX, 75069

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,162 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.39 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size12,632 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR-0880-002-0070-1
Lot Number7
SubdivisionH A Finch Addition (Cmc)
Land UseResidential
Legal DescriptionH A FINCH ADDITION (CMC), BLK 2, LOT 7
Census Tract030702
Assessed Land Value$175,000
Assessed Improvement Value$198,536
Assessment Year2025

About this property

Charming fully renovated 3-bedroom, 2-bath home ideally located just minutes from Historic Downtown McKinney. Situated on an oversized lot with mature trees and incredible curb appeal, this thoughtfully updated home blends modern design with timeless character. Step inside to an open-concept layout filled with natural light, hardwood flooring, designer finishes, and spacious living areas perfect for entertaining. The beautifully remodeled kitchen features crisp white cabinetry, subway tile backsplash, stainless steel appliances, gas range, oversized island with seating, and abundant prep and storage space, all opening seamlessly to the dining and living areas. A separate oversized family room is a true standout with soaring vaulted ceilings, exposed wood beams, and expansive windows that create a warm yet airy atmosphere. The primary suite offers a relaxing retreat with updated finishes and ample space, while the secondary bedrooms are generously sized and thoughtfully designed. Outside, enjoy a large backyard with a covered pergola patio ideal for outdoor dining and entertaining. The detached backyard outbuilding offers endless possibilities as a home office, gym, art studio, or extra storage. Additional highlights include an inviting front porch, modern fixtures throughout, updated bathrooms, and plenty of yard space for play or gardening. Located near the shops, dining, entertainment, and charm of Downtown McKinney, this move-in ready home offers the perfect combination of style, comfort, and location. Lot is large enough to add a garage or carport.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$183,400Estimated Mortgage Balance
$380,400Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,008
$373,536
2025
$175,000
$198,536
$373,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,008
$373,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$183,400
No
First
Dec 26, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,600
$380,400
69%
30%
$1,100/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.

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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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1809 Greenwood Rd | Property Details | No Agent List