McKinney, TX 75071
7 acres of rectangular land in ETJ. No restrictions on usage. Can be used for residential development of SFR or MFR or town homes or commercial use of any type of business. Land has agricultural tax exemption (~1000$ Tax per year). Open to owner finance. Land has 250' frontage on future 4 lane roadway Wilmeth road spanning from US75 to DNT. 1 mile north of US380. Fully nestled with 5000 SFRs, hospitals, Costco, Commercial and businesses. Land has a mobile home fully renovated with 50K$ of investment in 2016. Mobile home is on month to month lease since 2016. Positive cash flow from rent after taxes is ~10000$ per Year.
Anooraadha Muthaphan with Citiwide Alliance Realty
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