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Owner Contacts

$418,000

NAL Estimated Property Value

500 S Waddill St, McKinney, TX, 75069

Off Market

2 Beds

1 Bath

1,228 Sq Ft

Single Family Residence

$219.06 / sqft

Built in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Space/Suspended

Cooling

AppliancesDishwasher, Gas Oven

Exterior

Lot Size8,097 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR-0865-003-0030-1

Lot Number3

SubdivisionBush Garland Addition (Cmc)

Land UseResidential

Legal DescriptionBUSH GARLAND ADDITION (CMC), BLK 3, LOT 3

Census Tract030802

Assessed Land Value$210,000

Assessed Improvement Value$208,000

Assessment Year2025

About this property

****INVESTMENT OPPORTUNITY*** CASH ** AS IS ** No Survey ** 2 Bedroom - 1 Bathroom -Wood Floor under carpet one bedroom - 1 bedroom reflects wood floors. Living room appears to have wood floors under carpet. Gas fireplace. Laminate Floors in Kitchen. Wood cabinets. Formica countertops. Replaced house to street sewer pipe taking it from clay to PVC - January 2020 Replaced old panel inside and brought electrical panel to code and placed outside-March 2011 (breaker box inside now unfunctional.) Disposal - November 2016 Water heater - September 2013 Gas line works -but disconnected (inspected and brought everything up to snuff) - December 2012 Garage doors and opener in Truck- March 2014 Central furnace installed - December 1983 Roof installed on main residence with decking and composite shingles - September 2013. Removed cedar and composite shingle layers. Gas and Water disconnected. House possibly built in 1945. Buyer and or Buyer's realtor to verify all information.

Investor Tools

$418,000

Estimated Property Value

$0Estimated Mortgage Balance

$418,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,508 /month

Positive

Cash Flow Estimate:

$836 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$722/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,576

$418,000

2025

$210,000

$208,000

$418,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,576

$418,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$418,000

100%

$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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