
$1,200,000
NAL Estimated Property Value500 Highridge Drive, McKinney, TX, 75071
Highlights
Interior
About this property
Unique opportunity to own 40+ heavily treed acres of land that you could build your dream home on & have the 2 existing homes as rental properties on it. The homes will need work, the value is in the land. 1 bedroom and 1 bath Bunk house is attached to barn and is 48x61, Additional barn is 50x32, shed-stable area 33x18, plus corral. There is a 91x32 one story metal shop off the main house that has power to it. 2 additional sheds are 12x24 & 12x16. Property has front to a conservation reservoir. No City Taxes. Buyer to verify all information.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McKinney
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