Mckinney, TX 75069,503 Smith Street

$199,900

Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

1,194 SqFt


SOLD DATE : 07/30/2024

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,194 sqft

Price per Sqft $167

Subdivision Mckinney Outlots

MLS Listing ID 20611938

Sold Date 07/30/24

Style A-Frame

Bedrooms 2

Full Baths 1

HOA Y/N None

Year Built 1950

Annual Tax Amount $2,734

Lot Size 10,890 Sqft

Acres 0.25

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!

Location

State TX

County Collin

Direction GPS

Rooms

Dining Room 1

Interior

Interior Features Other

Heating Space Heater

Cooling Wall/Window Unit(s)

Appliance None

Heat Source Space Heater

Exterior

Carport Spaces 2

Fence Back Yard, Chain Link

Utilities Available All Weather Road, City Sewer, City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities, Sewer Available, Sidewalk

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Interior Lot, Irregular Lot, Landscaped

Story One

Level or Stories One

Structure Type Siding

Schools

Elementary Schools Caldwell

Middle Schools Faubion

High Schools Mckinney Boyd

School District Mckinney Isd

Others

Ownership Tax Records

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Rachel Boston • Coldwell Banker Realty Frisco
Bought with Rachel Boston • Coldwell Banker Realty Frisco
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201 Calloway St, Wylie, TX, 75098, USA

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