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$180,083

NAL Estimated Property Value

706 Gerrish St, McKinney, TX, 75069

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.35 / sqft
Year BuiltBuilt in 1912

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDisposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator

Exterior

Exterior FeaturesBalcony
Lot Size6,055 sqft

Building Information

Year Built1912
Stories1
Roof Type105

Land Information

APNR-0889-007-003A-1
Lot Number3A04A
SubdivisionGerrish Addition (Cmc)
Land UseResidential
Legal DescriptionGERRISH ADDITION (CMC), BLK 7, LOT 03A 04A
Census Tract030903
Assessed Land Value$157,500
Assessed Improvement Value$22,583
Assessment Year2025

About this property

Step into the potential of 706 Gerrish, McKinney, Texas – a hidden gem waiting to be discovered by local investors. With its cozy charm and a stone throw away from Mckinney square, this property feels like the perfect fit for those looking to make their mark in McKinney's thriving market. Imagine the satisfaction of watching your investment grow alongside the city's vibrant community. Don't miss out on the chance to turn dreams into reality at 706 Gerrish.

Investor Tools

Property Icon
$180,083
Estimated Property Value
$35,357Estimated Mortgage Balance
$144,726Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,261
$180,083
2025
$157,500
$22,583
$180,083
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,261
$180,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Antonio Santana Etal
Seller Carryback / Seller Financing / Seller Take-Back
$45,000
No
First
Apr 11, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,357
$144,726
80%
20%
$270/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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706 Gerrish St | Property Details | No Agent List