Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days53Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$999,900

$1,500,000

6537 Fm 1827, McKinney, TX, 75071

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,138 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5.73 acres

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APNR-6162-001-1920-1
Lot Number192
SubdivisionCarter T Clift Survey
Land UseResidential
Legal DescriptionABS A0162 CARTER T CLIFT SURVEY, SHEET 1, TRACT 192, 5.73 ACRES
Census Tract030201
Assessed Land Value$343,800
Assessed Improvement Value$31,321
Assessment Year2025

About this property

Discover the possibilities with this exceptional offering of two parcels totaling nearly 16 acres in one of Collin County's most desirable growth corridors. Ideally situated on FM 1827, this picturesque property combines natural beauty, outstanding accessibility, and incredible potential. Surrounded by the area's rapid expansion, including new residential development just north of the property, this versatile tract is well suited for a private luxury estate, family compound, equestrian retreat, recreational getaway, future residential development, or a long-term investment in one of North Texas' fastest-growing markets. The land features mature trees, scenic surroundings, and extensive road frontage, providing both privacy and flexibility for a variety of uses. Water and electric utilities are available nearby, making future development even more attractive. Enjoy the best of peaceful country living while remaining just minutes from downtown McKinney, US-75, and the Dallas North Tollway. The property is also conveniently located near Historic McKinney, the PGA headquarters in Frisco, Frisco's thriving corporate corridor, premier shopping and dining, and the rapidly expanding McKinney National Airport. As growth continues to transform this highly sought-after area, opportunities like this are becoming increasingly rare. A home currently sits on one of the parcels; however, the property is being offered for its land value, and the existing residence is considered a tear-down. Whether you're looking to build your dream estate, create a multi-generational retreat, develop for the future, or secure a premier investment, this remarkable property offers endless possibilities in the heart of North Texas.

Investor Tools

$34,613Estimated Mortgage Balance
$349,883Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,999 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Becky Conley

Briggs Freeman Sotheby's Int'l

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,857
$375,121
2025
$343,800
$31,321
$375,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,857
$375,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Stand Alone First / Home Equity First Lien
$76,000
No
First
Jan 11, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,613
$392,387
91%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
N/A
+$2,700/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6537 Fm 1827 | Property Details | No Agent List