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503 Smith Street

Mckinney, TX 75069
  • $199,900
  • STATUS: Active Option Contract
  • ON SITE: 46 Days
  • MLS #: 20611938
Under Contract
UPDATED: 169 min ago
$199,900
  • 2
    BEDS
  • 0.25
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,194
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Rachel Boston of Coldwell Banker Realty Frisco: 972-712-8500.

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!

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-23T21:41:56.03.
www.homesbylainie.com/homes/150339005
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503 Smith Street Mckinney, TX 75069

  • Price: $199,900
  • Status: Active Option Contract
  • On Site: 46 Days
  • Updated: 169 min ago
  • MLS #: 20611938
2
Beds
1
Baths
0
½ Baths
0.25
Acres
1,194
SQFT
$167
$/SQFT
1950
Built
Neighborhood:
Mckinney Outlots
County:
Collin
Area:
Mckinney
Elementary School:
Caldwell
High School:
Mckinney Boyd
School District:
McKinney ISD
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!
Exterior Features

Carport Spaces 2 Construction Siding Covered Spaces 2 Fencing Back YardChain Link Housing Type Single Detached Lot Description Interior LotIrregular LotLandscaped Parking Or Garage Carport Pool On Property No Roof Composition Soil Type Unknown Style A-Frame Waterfront YN No

Interior Features

Appliances None Basement No Cooling Wall/Window Unit(s) Dining Areas 1 Fireplaces 0 Garage No Handicap YN No Heating Space Heater Interior Features Other Living Areas 1 Rooms Bedroom (1 Level) Bedroom-Primary (1 Level) Living Room (1 Level) Dining Room (1 Level)

Property Features

Accessory Unit YN No Construction Status Preowned HOA None Levels One List MLSProvider Collin County Association Of Realtors Listing Terms Cash Municipal Utility District No Other Structures GreenhouseOther Possession Negotiable Property Attached Yes Property Type Single Family Residence Senior Community No Special Notes Survey Available Unexempt Taxes 2734 Utilities All Weather RoadCity SewerCity WaterElectricity AvailableIndividual Gas MeterIndividual Water MeterNatural Gas AvailableOverhead UtilitiesSewer AvailableSidewalk Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-06-23T21:41:56.03.
 
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Homes By Lainie Real Estate Group
141 Chisolm Trail
Pottsboro TX, 75076
Offered by Rachel Boston of Coldwell Banker Realty Frisco: 972-712-8500.