Rodney Rowan - Coldwell Banker Apex Realtors
6631 County Road 124
McKinney, TX 75071

Description

7 acres of rectangular land in ETJ. No restrictions on usage. Can be used for residential development of SFR or MFR or town homes or commercial use of any type of business. Land has agricultural tax exemption (~1000$ Tax per year). Open to owner finance. Land has 250' frontage on future 4 lane roadway Wilmeth road spanning from US75 to DNT. 1 mile north of US380. Fully nestled with 5000 SFRs, hospitals, Costco, Commercial and businesses. Land has a mobile home fully renovated with 50K$ of investment in 2016.Mobile home is on month to month lease since 2016. Positive cash flow from rent after taxes is ~10000$ per Year. No part is in flood plain.

Details

MLS#13765945
Sub-TypeResale
StatusActive
Days On Site321

Features

ZoningAGRICU,OTHER
Acreage7.00

Market Activity 75071

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Area Information

StateTX
CountyCollin
CityMcKinney
Zip Code75071
AreaPROSPER AREA (59)
Listing VS Median (in 75071)
Price:
$990,000
low | high
Med:
$365,295
100% of Average
On Site:
321
low | high
Med:
142
100% of Average
Listing Updated: 12/16/2018
MLS Number: 13765945
Listing Provided By:
Anooraadha Muthaphan  of  Citiwide Alliance Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.