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$709,000

704 N College St, McKinney, TX, 75069

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.46 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size11,779 sqft

Building Information

Year Built1925
Stories2
Roof Type105

Land Information

APNR-0926-000-653B-1
Lot Number653B
SubdivisionMckinney Outlots (Cmc)
Land UseResidential
Legal DescriptionMCKINNEY OUTLOTS (CMC), LOT 653B
Census Tract030702
Assessed Land Value$270,000
Assessed Improvement Value$402,936
Assessment Year2025

About this property

HISTORIC McKINNEY-A rare opportunity in the heart of McKinney’s Historic District! This charming 1925 cottage sits on a heavily treed corner lot and offers the perfect blend of historic character, thoughtful updates, and exceptional indoor-outdoor living. Beautiful hardwood floors and French doors flow throughout the home, which features a flexible floor plan with three bedrooms downstairs, two living areas, and a formal dining room perfect for entertaining. Upstairs, the oversized primary suite provides a private retreat with a spacious walk-in closet. The kitchen and bathrooms have been tastefully updated, while major improvements include Hardie board siding, newer single-hung windows, and a premium Presidential-style 50-year roof that is approximately nine years old. The outdoor spaces are truly special. A large deck off the kitchen overlooks a pergola with a daybed, grilling area, gardener’s table, shrub maze, outdoor living spaces, and an impressive 50’ x 50’ stone fire pit area. The spacious backyard and side yards provide plenty of room for entertaining, gardening, or simply relaxing beneath the mature trees. Additional features include a storage shed, side-yard carport, multiple parking areas, and an EV charger. Full of charm, character, and thoughtful updates, this unique home offers flexible living spaces and incredible outdoor amenities in one of McKinney’s most beloved historic neighborhoods. SHOWINGS WILL START Sunday, August 2nd. Please allow a 2 hour showing notice.

Investor Tools

$486,916Estimated Mortgage Balance
$188,630Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,254 /month
Positive
Cash Flow Estimate:
$1,418 /month

Interested in this property?

Susan Beers

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,043
$672,936
2025
$270,000
$402,936
$672,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,043
$672,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Unknown
$521,600
No
First
Oct 7, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,916
$186,020
27%
72%
$3,128/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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704 N College St | Property Details | No Agent List