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$490,270

3874 N Mcdonald St, McKinney, TX, 75071

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,924 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1945

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size13.31 acres

Building Information

Year Built1945
Stories1
Garage Spaces2

Land Information

APNR-6423-000-0110-1
Lot Number11
SubdivisionJohn Hart Survey
Land UseResidential
Legal DescriptionABS A0423 JOHN HART SURVEY, TRACT 11, 13.3095 ACRES
Census Tract030901
Assessed Land Value$276,548
Assessed Improvement Value$213,722
Assessment Year2025

About this property

Approximately one acre for lease with prime visibility along Hwy 5 in McKinney. The property features a preserved 1902 structure totaling 1,924 square feet, ideal for office or showroom use. In addition, there are two metal outbuildings measuring 500 square feet and 600 square feet. One of the buildings is fully equipped with HVAC, plumbing half bath, and concrete flooring, making it well suited for use as a shop, light industrial space, hobby area, or storage. The site is secured by an electric gate at the entrance and offers ample land for parking, outdoor storage, or additional improvements. This is a rare opportunity to lease a versatile office and storageshop combination with excellent highway frontage in McKinney

Investor Tools

Property Icon
$490,270
Estimated Property Value
$652,000Estimated Mortgage Balance
$0Estimated Equity
-33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,942 /month
Positive
Cash Flow Estimate:
$981 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,727
$490,270
2025
$276,548
$213,722
$490,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,727
$490,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$652,000
No
First
Feb 16, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$586,266
N/A
0%
120%
$3,910/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.

Explore Texas Explore This Area
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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3874 N Mcdonald St | Property Details | No Agent List