Active

2252 Cr 342

McKinney, Texas 75071

$1,999,000 $8,427/Mo

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Overview

Bed

Bath

13,100

Sqft

7.98

Acres(Lot)

Description

THIS Property is offered well below appraised value .Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISD This is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside. The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service. The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare. Infrastructure is alr eady in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI. For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground. Properties with this income, acreage, and infrastructure do not exist at this price point. Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator. Buy it for the income. Hold it for the appreciation. Expand it for exponential returns. This is not a maybe deal this is a generational asset. Schedule a showing before it’s gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.

Property Details

Property Type : Residential

Price : $1,999,000

AD Id : 71255076

MLS Id : 547304671

Beds : 14

Lot Size : 7.98 Acres

Living Area Size : 13,100

Year Built : 1981

Garage : 4

County : Collin

Subdivision: Woodhaven Cntry Club Estates

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 14

Bathroom Information

Total Baths: 10 Full Baths: 10 Half Baths: 0
Interior Features

Decorative Lighting,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet Available

Appliances

Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Water Heater,Microwave,Refrigerator,Washer

Utilities

Aerobic Septic,Co-op Electric,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Septic,Sewer Not Available
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Central,Electric,Heat Pump

Fireplace

Number of Fireplaces: 1 Fireplace Features: Wood Burning

Building Information

Built Year: 1981 Construction: Brick Roof Type: Composition
Exterior Features

Fire Pit

Foundation

Slab

Security Features

Burglar,Carbon Monoxide Detector(s),Smoke Detector(s)
Laundry Features

Electric Dryer Hookup,Utility Room,Full Size W/D Area,Stacked W/D Area,Dryer Hookup,Washer Hookup

Fencing

Fenced,Gate,Pipe

Construction Materials

Brick

Lot Information

Lot Size (Acr): 7.9800 Lot Size Units: Acres Lot Size Square Feet: 347,609 Lot Size Source: Assessor Lot Features: Acreage
Property Information

SQ ft (Living Area): 13,100 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Ranch Subdivision: dew babb surveytract 8 City: McKinney State: Texas Directions: gps Property Status: Active Levels: One Property Age: 45

Listing Price Information

Original List Price: $1,999,000 List Price Tot SqFt: $153
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R603400000801 Tax Legal Description: ABS A0034 D E W BABB SURVEY, TRACT 8, 5.97 AC Unexempt Taxes: $15,195

Parking Information

Has Garage Garage Space: 4 Carport Spaces: 2 Parking Features: Additional Parking,Covered,Driveway,Electric Gate
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Sumeer Middle School: East Cardinal High School: Melissa Intermediate School: Melissa Ridge School District: Melissa ISD
Utility Information

Utilities: Aerobic Septic,Co-op Electric,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Septic,Sewer Not Available

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6407 Starr Drive, Mckinney, TX, 75071	$539,999	4	2	2,075	2,075 SqFt
6309 Starr Drive, Mckinney, TX, 75071	$699,000	4	2	2,238	2,238 SqFt
107 Meadow View Drive, Mckinney, TX, 75071	$750,000	4	3	3,441	3,441 SqFt
4142 County Road 1001, Mckinney, TX, 75071	$599,900	4	3	2,560	2,560 SqFt
102 Travine, Mckinney, TX, 75071	$385,000	4	3	2,261	2,261 SqFt
5201 Ruger Lane, Mckinney, TX, 75071	$849,000	4	4	3,070	3,070 SqFt
4644 Lake Breeze Drive, Mckinney, TX, 75071	$1,590,000	4	5	4,645	4,645 SqFt
4636 Lake Breeze Drive, Mckinney, TX, 75071	$3,399,000	6	8	7,509	7,509 SqFt
4594 Lake Breeze Drive, Mckinney, TX, 75071	$1,119,000	4	4	3,959	3,959 SqFt
508 Green Gables Drive, Mckinney, TX, 75071	$280,990	3	2	1,504	1,504 SqFt

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ByOwner last updated this listing 06/09/2026 @ 01:43

MLS: 547304671 LISTED BY: Ron Morgan, Fathom Realty 972-369-9713 SOURCE: NTREIS - North Texas Real Estate Information