503 Smith St, McKinney, TX 75069

2 Bedroom(s)

1 Full Bath(s)

1,194 Sqft. ($167/Sqft.)

0.25 Lot Acres

Residential - Single Family

40 Day(s) on HAR.com

Audio narrative

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!

MLS#

NTREIS-20611938

List Price

$199,900 ($167/Sqft.)

Listing Status

Under Contract – P

Address

503 Smith St

City

McKinney

State

Zip Code

75069

County

Collin 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

Building Size

1,194 Sqft/Appraisal District

Architecture Style

A-Frame

Year Built

1950 /Appraisal District

Lot Size

0.25 Lot Acres/Appraisal District

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directions

PRESENTED BY

Anthony Williams Platinum

Keller Williams Realty Clear Lake / NASA

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Rooms

Living

1st

Dining

1st

Primary Bedroom

1st

Bedroom

1st

Interior

Number Of Living Area

Heating

Space Heater

Appliances

None

Exterior

Roof

Composition

Private Pool

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

Street View Map View Satellite View

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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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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LIST PRICE

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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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.