1229 OLD MILL ROAD, MCKINNEY, TX 75069

Homes for sale in Mckinney.

Homes for sale in 75069.


Active

List Price$4,888,000

1229 Old Mill Road

McKinney, TX 75069

Listing #21350850

2,191

Square Feet

Commercial

Type

About This Property

Exceptional 8-acre development opportunity in the heart of one of North Texas' most rapidly expanding corridors. Located near McKinney National Airport and the future Spur 399 expansion, this premier tract is expected to enjoy substantial future frontage along the new corridor, offering outstanding visibility and accessibility. Featuring level topography and tremendous development potential, the property is ideally suited for commercial, industrial, mixed-use or long term investment. Surrounded by major public infrastructure improvements and accelerating commercial growth, this is a rare opportunity to secure a prime position in the path of McKinney's next wave of development. The value is in the land. The land includes two tracts; Tract 26 (4.29 ac, includes house) & Tract 62 (3.55 ac).

Property Features

Location Information

County

Collin

Subdivision

A0287

Interior Features

Has Fireplace

No

Total Number of Units

0

Exterior Features

Utilities

Propane, Septic Available, Water Available

Zoning

Currently residential, going to commercial

Lot Description

Acreage, Few Trees

Building Total Area (Sq. Ft.)

2,191

Lot Size in Acres

7.84

Road Description

Private Road

Lot Size in Sq. Ft.

341,510

Is One Story

No

Possible Best Use

Other

Lot Description

Acreage, Few Trees

Additional Information

Property Type

COM

Tax Annual Amount

8668.0

Property SubType

Unimproved Land

Exclusions

The windmill on the north tract (Tract 62).

Year Built

1975

Documents Available

Survey

Status

Active

Lot Acres Source

Appraiser

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Mortgage Calculator

$22,827

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$17,614

Monthly Tax

$4,073

Monthly Insurance

$1,140

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

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