Last 24 Hours
$1,200,000
3833 E University Dr, McKinney, TX, 75069
On Market
Just Added
— Beds
— Bath
2,056 Sq Ft
Unimproved Land
Built in 1986Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.61 acres
Building Information
Year Built1986
Stories1
Land Information
APNR-6541-000-0060-1
Lot Number6
SubdivisionJ H Long Survey
Land UseResidential
Legal DescriptionABS A0541 J H LONG SURVEY, TRACT 6, 1.6045 ACRES; SN1: OC04871128A, SN2: OC04871128B, HUD1: TEX0405325, HUD2: TEX0405326
Census Tract031003
Assessed Land Value$200,563
Assessed Improvement Value$116,092
Assessment Year2025
About this property
Three parcels with a total acreage of 2.861 acres. Presently, the owner lives on the property in a mobile home. Property best use is commercial and has commercial business on both the west and east sides. Property is located on 380 or University and this forms the southern boundary. Property continues north and CR 407 forms the northern boundary. Property is further described as Collin CAD Property IDs 1068089, 1068123 and 1171449. Excellent site for commercial building especially for those that can benefit from two major entrances into the property.
Investor Tools
$0Estimated Mortgage Balance
$472,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$316,655
2025
$200,563
$116,092
$316,655
No
Tax History
Year
Tax Paid
Assessed Value
2024
$509
$316,655
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,000
100%
0%
$0/mo
12.4%