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$401,707

NAL Estimated Property Value

2895 County Road 341, McKinney, TX, 75071

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.01 acres

Land Information

APNR-6741-001-0830-1
Lot Number83
SubdivisionThomas A Rhodes Survey
Land UseOther / Unknown
Legal DescriptionABS A0741 THOMAS A RHODES SURVEY, SHEET 1, TRACT 83, 5.01 ACRES
Census Tract030201
Assessed Land Value$400,800
Assessed Improvement Value$907
Assessment Year2025

About this property

Located outside of McKinney city limits, with a low tax rate of 1.7%, this incredible 5.01 acre lot, zoned to Melissa Schools, is perfect for your next dream home on acreage OR a developer looking to start their next boutique community. Soak in the stunning Texas sunsets on this picturesque acreage boasting 100 year old Pecan Trees & Coastal Grasses. Property would require minimal infrastructure work, as large trees & shrubs are located along the west property line. It is already primed and ready with established power & water service! With no HOA or city restrictions, the possibilities truly are endless. There is a 12x16 shed on the back of the property with a 6-foot overhang already ready for storage use or the beginnings of a workshop. Ideal location being only 5-10 min from all Melissa Schools, 15 min from Historic Downtown McKinney & only 5 min from TX-121. Builders, Buyers and Developers love being located outside of city limits, as building permit costs are much lower!

Investor Tools

Property Icon
$401,707
Estimated Property Value
$0Estimated Mortgage Balance
$401,707Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,416
$401,707
2025
$400,800
$907
$401,707
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,416
$401,707

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$401,707
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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2895 County Road 341 | Property Details | No Agent List