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$337,000

NAL Estimated Property Value

407 W Standifer St, McKinney, TX, 75069

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,405 sqft

Land Information

APNR-0926-000-412A-1
Lot Number412A
SubdivisionMckinney Outlots (Cmc)
Land UseResidential
Legal DescriptionMCKINNEY OUTLOTS (CMC), LOT 412A
Census Tract030802
Assessed Land Value$301,875
Assessment Year2025

About this property

GREAT OPPORTUNITY to Build Your Dream Home in Historic Downtown McKinney Area. This area is already developed with many brand new homes in the area. Charming area and lots of trees and the lot backs up to a Park. Stones throw to downtown McKinney square and easy access to Hwy 75, 5 and 121. This is your opportunity to be in the Historic District and to build BRAND NEW!!! Lot Dimensions 60 x 123

Investor Tools

Property Icon
$337,000
Estimated Property Value
$104,851Estimated Mortgage Balance
$232,149Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,401
$301,875
2025
$301,875
N/A
$301,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,401
$301,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Closed-End Mortgage / Closed-End With Future Advance Clause
$120,000
No
First
Dec 16, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,851
$232,149
68%
31%
$720/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.

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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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407 W Standifer St | Property Details | No Agent List