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$299,000

708 W Josephine St, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.03 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,712 sqft

Building Information

Year Built1930
Stories2
Roof Type105

Land Information

APNR-0875-038-038E-1
Lot Number38E
SubdivisionH L Davis Addition (Cmc)
Land UseResidential
Legal DescriptionH L DAVIS ADDITION (CMC), BLK 38, LOT 38E
Census Tract030702
Assessed Land Value$218,750
Assessed Improvement Value$234,646
Assessment Year2025

About this property

SUCH A CUTE HOUSE!! Charming farmhouse built in 1930 welcomes you with a 24 x 8 covered front porch on a large corner lot just minutes from the historic McKinney Square. Home is 3 bed, 1 bath, very open downstairs plan. Living, dining and kitchen have engineered wood floors, all the bedrooms have refinished original wood floors. All systems and surfaces have been updated, including HVAC, windows, appliances, cabinets, bathroom. Roof has been replaced and gutters added. Kitchen w granite counter, crisp white cabinets and grey penny tile back splash, stainless appliances. Bathroom has a black and white color scheme, 2 sinks in the vanity, beveled subway in shower. Plenty of room to add a carport or garage!

Investor Tools

Property Icon
$453,396
Estimated Property Value
$313,500Estimated Mortgage Balance
$165,496Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,720 /month
Positive
Cash Flow Estimate:
$907 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$942/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,043
$453,396
2025
$218,750
$234,646
$453,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,043
$453,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$313,500
No
First
Jan 28, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,900
$165,496
36%
63%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,880/mo
+$92/mo
5.2%

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.

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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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708 W Josephine St | Property Details | No Agent List