1018 N COLLEGE STREET, MCKINNEY, TX 75069
Homes for sale in Mckinney.
Homes for sale in 75069.
List Price$245,000
1018 N College Street
McKinney, TX 75069
Listing #21371715
About This Property
INVESTOR or DEVELOPMENT OPPORTUNITY IN HISTORIC DOWNTOWN McKINNEY! Rare opportunity to acquire a property in the highly sought-after Historic McKinney district where the value is primarily in the land and its development potential. Situated on approximately 0.29 acres, this property offers an unusually flexible configuration with access from N College Street as well as S Sherman Street, creating potential for a variety of future development concepts. Buyer to independently verify zoning, permitted uses, access, utilities, development requirements and all other information with the City of McKinney. The existing home is being offered AS-IS and is best suited for an investor, builder or developer looking to capitalize on the location rather than simply purchase a traditional residential property. The dual-street access and prominent location create possibilities that may not be available with a typical interior lot. Located in the Historic Downtown McKinney, one of North Texas' most distinctive urban districts, the property is surrounded by preserved historic architecture, locally owned shops, restaurants, galleries, entertainment and year-round events. It is known for its walkable atmosphere & unique blend of historic character and modern energy, with more than 120 locally owned businesses and a vibrant cultural scene. The City of McKinney has made continued reinvestment in Downtown a priority while emphasizing preservation of its historic character and encouraging thoughtful infill and redevelopment. Bring your vision. Properties with this combination of Historic Downtown location, land value and access from two streets are rarely available. Existing structure conveys AS-IS. It comes with the main house plus a converted garage building with storage, 2 bedr and 2 baths. Buyer and buyer's agent to verify all development potential, zoning, dimensions, restrictions and feasibility.
Property Features
Location Information
County
Collin
Subdivision
Whites Add
Interior Features
Interior
Other
Has Fireplace
Yes
Full Baths
0
Number of Fireplaces
1
Exterior Features
Style
Traditional, Historic/Antique
Fencing
Chain Link, Wood
Stories
2
Pool Description
None
Construction
Wood Siding
Lot Description
Interior Lot
Utilities
Electricity Available, Sewer Available, Underground Utilities, Water Available
Lot Size in Acres
0.294
Parking Description
Garage Faces Front
Lot Size in Sq. Ft.
12,806
Has Garage
Yes
Is One Story
No
Garage Spaces
2
Lot Description
Interior Lot
School
Elementary School District
McKinney ISD
Jr. High School
Faubion
Elementary School
Caldwell
High School
Mckinney Boyd
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
SFR
Tax Annual Amount
3410.0
Property SubType
Single Family Residence
Community Features
Curbs
Year Built
1960
Lot Acres Source
Public Records
Status
Active
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Mortgage Calculator
$1,143
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$882
Monthly Tax
$204
Monthly Insurance
$57
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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