1018 N COLLEGE STREET, MCKINNEY, TX 75069

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Active

List Price$245,000

1018 N College Street

McKinney, TX 75069

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21371715

1,815

Square Feet

House

Type

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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$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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