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$810,000

NAL Estimated Property Value

801 Griffin Street, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,623 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5

Exterior

Lot Size9,453 sqft

Building Information

Year Built2023
Stories2

Land Information

APNR-0899-008-004A-1
Lot Number4A
SubdivisionF M Hill Revised Addition (Cmc)
Land UseResidential
Legal DescriptionF M HILL REVISED ADDITION (CMC), BLK 8, LOT 4A; * (REPLAT) * (REPLAT)
Census Tract030802
Assessed Land Value$227,500
Assessed Improvement Value$552,500
Assessment Year2025

About this property

BACK-UP CONTRACT WELCOME.Status: Pending thru August 8 closing date, but buyer can back out any time before Closing Date. Build NEW on nearly quarter acre scraped treed lot just outside Historic District nestled in middle of block among renovated & newer homes on treed lots. Backs to Wootson St for added privacy & rear entry garage. Fenced on 3 sides including 10' Wide x 150' Deep alley adjacent to east for bonus side-yard at no additional price or property taxes. Can acquire alley with City abandonment and quit claim deeds from neighbors adjacent to east. Sought after F.M. Hill Subdivision & Mckinney Schools.Walking distance from the Square, Restaurants, Shopping, Hotels.

Investor Tools

Property Icon
$810,000
Estimated Property Value
$0Estimated Mortgage Balance
$810,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,860 /month
Positive
Cash Flow Estimate:
$1,620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$961/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,477
$780,000
2025
$227,500
$552,500
$780,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,477
$780,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$810,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
2.9%

City: McKinney

801 Griffin Street | Property Details | No Agent List