503 Smith St

McKinney, TX 75069
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For Sale
Under Contract – P
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2 Bedroom(s)
1 Full Bath(s)
1,194 Sqft. ($167/Sqft.)
0.25 Lot Acres
Residential - Single Family

Audio narrative

Description

Attention Investors! Cash Only. This property is a hidden gem waiting to be transformed. Ideal for flipping, fantastic location just minutes from downtown McKinney, offering an excellent opportunity for investors! Please note, extensive rehab is required ranging from $120-150K. Buyers are responsible for verifying measurements and code requirements. Additionally, don't overlook the bonus garden house, ripe for conversion into an office space. With residential or commercial zoning, the potential for this property is boundless. Plus, recent upgrades including a new roof in 2021 and an updated water heater add further value. This home boasts immense potential for the savvy buyer. Don't miss out on this lucrative opportunity!

MLS#
NTREIS-20611938
List Price
$199,900 ($167/Sqft.)
Listing Status
Under Contract – P
Address
503 Smith St
City
State
TX
Zip Code
County
Subdivision
Mckinney Outlots
Legal Description
MCKINNEY OUTLOTS (CMC), LOT 771A
Property Type
Residential - Single Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
1,194 Sqft/Appraisal District
Architecture Style
A-Frame
Year Built
1950 /Appraisal District
Lot Size
0.25 Lot Acres/Appraisal District

Rooms

Living
1st
Dining
1st
Primary Bedroom
1st
Bedroom
1st

Interior

Number Of Living Area
1
Heating
Space Heater
Appliances
None

Exterior

Roof
Composition
Private Pool
No
Exterior Type
Siding
Lot Description
Interior Lot, Irregular Lot, Landscaped
Parking
Carport
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Fencing
Back Yard, Chain Link
Utility
All Weather Road, City Sewer, City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Sewer Available, Sidewalk

Lot information

Lot Size
0.25 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Single Detached

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Total views

Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 19, 2024 at 11:36 PM
Listing last updated May 14, 2024 at 03:28 PM
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503 Smith St, McKinney, TX 75069. View photos, map, tax, nearby homes for sale, home values, school info...

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