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$549,900

2627 County Road 722, McKinney, TX, 75069

$714,870 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,564 Sq Ft
price_per_sqft$351.6 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Kennel, Outdoor Kitchen
Lot Size1.01 acres

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-6517-001-2350-1
Lot Number235
SubdivisionR H Locke Survey
Land UseResidential
Legal DescriptionABS A0517 R H LOCKE SURVEY, SHEET 1, TRACT 235, 1.01 ACRES
Census Tract031420
Assessed Land Value$75,750
Assessed Improvement Value$279,977
Assessment Year2025

About this property

Talk about a property that truly has it all. This home offers the perfect blend of country living with the convenience of being just minutes from town. From the moment you pull into the driveway, the unique charm of this barndominium stands out—from the impressive shop out to the peaceful, covered porch in the back. Inside, the open and spacious floor plan provides plenty of room to make the space your own. Both bedrooms are generously sized, and there’s a flexible bonus room off the living area that can serve as an office, hobby room, or anything you need. The attic has been fully floored, giving you even more usable space—ideal for a game room, additional bedrooms, or whatever you imagine. Step outside and you’ll find a well-insulated 40x40 detached garage complete with a car lift, perfect for projects and outdoor hobbies. Home has a generator for backup and solar panels that are paid in full. There’s also a dog kennel and a covered outdoor kitchen area, fire pit, making the property even more functional and inviting. **Also master bedroom and bath has handicap features This home is truly move-in ready. Don’t miss your chance to make it yours.

Investor Tools

$179,836Estimated Mortgage Balance
$335,164Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$714,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Vickie Davis

Vickies Real Estate Group, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$304
$355,727
2025
$75,750
$279,977
$355,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$304
$355,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$200,000
No
First
Mar 22, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,836
$335,164
65%
35%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,200/mo
+$365/mo
3.6%

City: McKinney