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Owner Contacts

$591,406

NAL Estimated Property Value

803 N Morris St, McKinney, TX, 75069

Off Market

3 Beds

2 Bath

1,984 Sq Ft

Single Family Residence

$294.86 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCeramic Tile, Concrete, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Storage, Garden

Lot Size11,674 sqft

Building Information

Year Built1963

Stories1

Garage Spaces2

Land Information

APNR-0835-016-002C-1

Lot Number2C

SubdivisionWaddill Addition (Cmc)

Land UseResidential

Legal DescriptionWADDILL ADDITION (CMC), BLK 16, LOT 2C

Census Tract030702

Assessed Land Value$236,250

Assessed Improvement Value$355,156

Assessment Year2025

About this property

HISTORIC AREA OF MCKINNEY! Stay cool with a diving POOL in the privacy of your own backyard! Pool resurfaced and pool equipment replaced in 2014. This one story brick home taken down to the studs & remodeled in 2012. The outside was just painted white with teal shutters&door. Amazing curb appeal on a corner lot and beautiful landscaping. Sprinkler System.Covered deck back of home, firepit area & pergola area for dining. 2 Living Areas - one off of the back of home facing backyard and POOL! Great TV Room with stained concrete floor, wood burning stove and separate laundry room. Hardwood floors throughout were refinished just six years ago & in great shape. The plumbing & electric replaced in 2012 along with HVAC and Windows. TWO CAR GARAGE was added on side of home facing Hall Street in 2016 &has a workspace in the back & storage. Located on a quiet street just on the edge of the Historic District! Come see for yourself how amazing this home feels and looks!

Investor Tools

$591,406

Estimated Property Value

$431,601Estimated Mortgage Balance

$159,805Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,548 /month

Positive

Cash Flow Estimate:

$1,183 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,027/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,365

$591,406

2025

$236,250

$355,156

$591,406

Tax History

Year

Tax Paid

Assessed Value

2024

$9,365

$591,406

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nationstar Mortgage Llc

Conventional

$464,000

First

Aug 26, 2022

Sep 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$431,601

$159,805

27%

73%

$2,782/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,782/mo

$-810/mo

4.0%

Learn About the Market: Opportunity in Texas

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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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