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$309,000

NAL Estimated Property Value

214 Franklin Ave, McKinney, TX, 75069

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,350 Sq Ft
price_per_sqft$257.39 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size8,211 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APNR-0887-002-017B-1
Lot Number17B18
SubdivisionFranklin Addition (Cmc)
Land UseResidential
Legal DescriptionFRANKLIN ADDITION (CMC), BLK 2, LOT 17B 18
Census Tract030903
Assessed Land Value$171,000
Assessed Improvement Value$137,756
Assessment Year2025

About this property

Completely remodeled four bedroom two bath home near the heart of Historic Downtown McKinney. Original hardwoods look amazing. Herring bone wood-look tile throughout kitchen, dining, and master suite. Hall bathroom features heated, jetted Kohler tub. Kitchen features all stainless appliances, beautiful white pearl granite counter tops. Updated doors, trim, LED lighting, faucets. No detail overlooked. Fresh sod in the enormous back yard. Beautiful landscaping in the front yard. Too much to list. Go and show.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$306,758Estimated Mortgage Balance
$2,242Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,085 /month
Positive
Cash Flow Estimate:
$695 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,940
$308,756
2025
$171,000
$137,756
$308,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,940
$308,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$309,915
No
First
Oct 15, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,758
$2,242
0%
99%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,859/mo
+$113/mo
7.7%

City: McKinney

214 Franklin Ave | Property Details | No Agent List