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$459,000

502 S Waddill St, McKinney, TX, 75069

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$421.88 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Convection Oven
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,492 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR-0865-003-0020-1
Lot Number2
SubdivisionBush Garland Addition (Cmc)
Land UseResidential
Legal DescriptionBUSH GARLAND ADDITION (CMC), BLK 3, LOT 2
Census Tract030802
Assessed Land Value$218,750
Assessed Improvement Value$102,153
Assessment Year2025

About this property

Renovated from top to bottom, this exceptional home seamlessly blends modern convenience with timeless character. Major updates include a new roof, plumbing, electrical, HVAC system, water heater and new windows providing peace of mind while preserving the home's original charm and architectural details. Inside, you'll find a beautifully updated kitchen featuring brand-new appliances, a built-in dishwasher, farmers sink. modern finishes, and ample cabinet and countertop space—designed for both everyday living and entertaining. The fully renovated bathroom has been thoughtfully redesigned with stylish fixtures and finishes, creating a fresh, timeless space. Every update has been carefully selected to complement the home's historic character while offering the comfort and functionality today's buyers expect. Situated on a generously sized lot, the property offers a lush backyard, a privacy fence, and a covered back porch perfect for morning coffee, weekend gatherings, or quiet evenings outdoors. Best of all, you're just a short walk from the vibrant Historic Downtown McKinney square, where you'll enjoy boutique shopping, award-winning dining, local coffee shops, live music, wineries, and year-round community events. Move-in ready and completely turnkey, this beautifully restored home is ready to welcome its next owners.

Investor Tools

Property Icon
$339,000
Estimated Property Value
$0Estimated Mortgage Balance
$339,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

Interested in this property?

Jenny Hogan

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,109
$320,903
2025
$218,750
$102,153
$320,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,109
$320,903

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$339,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
5.5%

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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502 S Waddill St | Property Details | No Agent List