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$425,000

NAL Estimated Property Value

604 S College St, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,257 Sq Ft
price_per_sqft$338.11 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Ice Maker, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size6,186 sqft

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APNR-0928-009-0040-1
Lot Number4
SubdivisionParker Addition (Cmc)
Land UseResidential
Legal DescriptionPARKER ADDITION (CMC), BLK 9, LOT 4
Census Tract030802
Assessed Land Value$220,000
Assessed Improvement Value$205,000
Assessment Year2025

About this property

In the highly sought-after Downtown McKinney area is a historic district. This charming historic home is within a few streets from McKinney Square, which has a wide range of family-friendly entertainment options, dining options, and retail establishments. As soon as you enter the house, hardwood floors welcome you and continue into the dining room, kitchen, living room, and corridors. Imagine enjoying a cup of coffee on this amazing front porch. This three-bedroom, two-bathroom cottage is the ideal spot to live because of its proximity to The Square. Located on one of the most sought-after streets in the neighborhood, the open floor plan is one story. Dining room sliding door that opens to a large terrace, a fantastic tree, and storage.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$329,363Estimated Mortgage Balance
$95,637Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,491
$425,000
2025
$220,000
$205,000
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,491
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$340,000
No
First
Aug 21, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,363
$95,637
22%
77%
$2,039/mo

City: McKinney

604 S College St | Property Details | No Agent List