Street View

1view

Owner Contacts

$325,000

602 W Leland Ave, McKinney, TX, 75069

Off Market

3 Beds

2 Bath

835 Sq Ft

Single Family Residence

$389.22 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave

FlooringCeramic Tile, Laminate, Tile

Exterior

Exterior FeaturesOther

Lot Size8,407 sqft

Building Information

Year Built1960

Stories2

Garage Spaces2

Land Information

APNR-0833-005-0030-1

Lot Number3A

SubdivisionUrbanton Addition (Cmc)

Land UseResidential

Legal DescriptionURBANTON ADDITION (CMC), BLK E, LOT 3A

Census Tract030701

Assessed Land Value$156,250

Assessed Improvement Value$263,733

Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT BEST AND FINAL OFFERS BY 6 PM SUNDAY, JUNE 18*** Completely remodeled single story home comes fully loaded with exceptional upgrades & custom design touches guaranteed to impress! Smartly designed with plenty of room to add on! 3 bedroom, 2 full bath & lots of natural light highlighting the on-trend laminate flooring & color scheme that accents any decor! The kitchen really has that WOW factor & equipped with new SS appliances, quartz counters, shaker cabinetry, and recessed lighting that continues throughout the main areas! Primary bedroom features a sliding barn door & private ensuite! This backyard is no cookie cutter & even has a storm shelter----plus plenty of room to create the ultimate outdoor living space! Updates: New roof & siding, all new windows, new plumbing, tankless water heater, Lennox central air system & new garage door with smart wireless connections! No HOA! Minutes from historic Downtown McKinney!

Investor Tools

$419,983

Estimated Property Value

$292,500Estimated Mortgage Balance

$67,331Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,520 /month

Positive

Cash Flow Estimate:

$840 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$625/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,399

$419,983

2025

$156,250

$263,733

$419,983

Tax History

Year

Tax Paid

Assessed Value

2024

$5,399

$419,983

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Toyota Financial Savings Bank

Conventional

$292,500

First

Jul 14, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$352,652

$67,331

16%

84%

$2,216/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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