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$300,000

5976 Fm 1827, McKinney, TX, 75071

$390,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.29 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Exterior

Lot Size1.70 acres

Building Information

Year Built1970
Stories1

Land Information

APNR-6162-001-2220-1
Lot Number222
SubdivisionCarter T Clift Survey
Land UseResidential Single Family
Legal DescriptionABS A0162 CARTER T CLIFT SURVEY, SHEET 1, TRACT 222, 1.701 ACRES
Census Tract031005
Assessed Land Value$153,090
Assessed Improvement Value$64,364
Assessment Year2025

About this property

Rare 1.7-Acre Investment Opportunity! The true value is in the land. Whether you're an investor, builder, or someone looking to build a custom estate, this property offers exceptional potential in one of Collin County's fastest-growing areas. The existing home provides flexibility for renovation, rental income, or removal to make way for your vision. Located outside the McKinney city limits, this unincorporated property offers added flexibility and fewer municipal restrictions while still being just minutes from US-380, shopping, dining, and the conveniences of McKinney and Princeton. Buyers should verify zoning, development potential, and intended use. Large acreage tracts in this location are becoming increasingly difficult to find. Don't miss the opportunity to secure a property with outstanding long-term upside in a rapidly growing corridor.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$0Estimated Mortgage Balance
$326,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$390,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

Interested in this property?

Aaron Blankenship

Hart of Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,334
$217,454
2025
$153,090
$64,364
$217,454
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,334
$217,454

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,000
100%
0%
$0/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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5976 Fm 1827 | Property Details | No Agent List