Last 24 Hours
$187,500
1405 West Street, McKinney, TX, 75069
$193,470 ARV
On Market
Just Added
2 Beds
1 Bath
1,248 Sq Ft
Single Family Residence
$150.24 / sqft
Built in 1962Property Lead Type:
High EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms 1
Heating Space/Suspended
CoolingExterior
Lot Size9,780 sqft
Building Information
Year Built1962
Stories1
Roof Type105
Land Information
APNR-0870-025-0050-1
Lot Number5
SubdivisionCollege Addition (Cmc)
Land UseResidential
Legal DescriptionCOLLEGE ADDITION (CMC), BLK 25, LOT 5
Census Tract030701
Assessed Land Value$162,500
Assessed Improvement Value$102,766
Assessment Year2025
About this property
1405 West St is an INVESTOR SPECIAL and is being sold for the value of the lot. The location is just minutes from downtown McKinney. The lot is spacious at 0.22 acres, very deep, and offers lots of potential for a buyer wanting to build new construction near the Historic District of McKinney. Access to Highway 75 and US 380 is convenient for commuters. This property is offered AS IS and seller will do no repairs.
Investor Tools
$0Estimated Mortgage Balance
$309,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$193,469
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$446
$265,266
2025
$162,500
$102,766
$265,266
No
Tax History
Year
Tax Paid
Assessed Value
2025
$446
$265,266
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$309,000
100%
0%
$0/mo
12.4%