Address
503 Smith Street, McKinney, TX
Price
$ 199,900
Property Attributes
  • MLS#20611938
  • TypePending
  • CountyCOLLIN
  • CityMcKinney
  • NeighborhoodMckinney Outlots
  • Zip75069
  • StyleA-Frame
  • Year Built1950
  • Taxes$ 2734
  • Price$ 199,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1194
  • Lot Size0.25 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Priced to sell quickly~ Attention Investors! CASH Only! This hidden gem is waiting to be transformed, offering an excellent opportunity for investors. Located just minutes from downtown McKinney, this property is ideal for flipping, though extensive rehab is required, estimated between $120-150K. The lot is one of the largest in the community .250 acres and includes a bonus garden house NOT factored into the square footage (10x10), which is perfect for converting into a flex room or office space. Recent upgrades include a new roof in 2021 and an updated water heater. With Residential or Commercial zoning, the potential for this property is boundless, although multi-family use is not permitted! This home offers immense potential for the savvy buyer. Don't miss out on this lucrative opportunity – GO SHOW TODAY!

Elementary School
Caldwell Elementary School
Price History
5/8/2024 Listed $199,900

General Features

Heating Space Heater
Cooling Wall/Window Unit(s)
Utilities All Weather Road,City Sewer,City Water,Electricity Available,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Overhead Utilities,Sewer Available,Sidewalk
Possession Negotiable
Roof Composition
Appliances None
School District McKinney ISD
Year Built 1950
Architctural Style A-Frame
Levels One
Unexempt Taxes 2734
Will Subdivide No
Property SubType Single Family Residence
Subdivision Name Mckinney Outlots
Transaction Type For Sale
Occupant Type Vacant
Carport Spaces 2
County Collin
Property Type Residential
Construction Materials Siding
Year Built Details Preowned
HOA Type None
Special Notes Survey Available
Status Pending
Directions GPS
City McKinney
Buyer Agent Compensation 3
Elementary School Name Caldwell
High School Mckinney Boyd
Elementary School Caldwell
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20611938
Standard Status Pending
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Dining Areas 1
Living Areas 1
Room Count 4
Full Baths 1
Lock Box Type Blue BT LE
Total Bedrooms 2
Total Baths 1

Exterior Features

Lot Features Interior Lot,Irregular Lot,Landscaped
Fencing Back Yard,Chain Link
Soil Type Unknown
Other Structures Greenhouse,Other
Parking Features Carport
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Lot Size Area 0.2500
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 10890.0000
Lot Size Acres 0.2500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 75069

Price
AVG $400K
$200K
Taxes
AVG $6,885
$2,734
Visits
AVG 207
376
Data Provided by Inside Real Estate®
Year Built
AVG 2000
1950