103 Mckinney Street, Farmersville, TX 75442
Leased medical facility in historic downtown Farmersville, Texas.
- Added:
- Feb 9, 2026
- Days on Market:
- 148
- Last Refresh:
- Jul 5 at 11:13 am
Property Features for 103 Mckinney Street
General Information
- Standard status
- Active
- Size
- 2,363 SF
- Property subtype
- Land
Building Details
- Year Built
- 1900
Listing office Coldwell Banker Apex, Realtors
Listing date Feb 9, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, Realtors
HighLights
- Leased to an established medical facility, providing immediate income.
- Prime location in the heart of Historic Downtown Farmersville, Texas.
- Functional layout configured for medical or professional use.
- Strong visibility and convenient access for clients, patients, and staff.
- Potential for long‑term value appreciation in a growing North Texas market.
- New HVAC and hot water heater.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.5k | $26.04 |
| − Vacancy | −$6.8k | −$2.86 |
| EGI | $54.8k | $23.18 |
| − OpEx | −$21.9k | −$9.27 |
| NOI | $32.9k | $13.91 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Farmersville Veterinary Clinic — 610 S State Hwy 78, Farmersville, TX 75442
- Lane Larry DVM — 610 S State Hwy 78, Farmersville, TX 75442
- All Heart Veterinary Center — 1022 S State Hwy 78, Farmersville, TX 75442
Location Insight
- Map
- Local Demand
- City
- Farmersville
- County
- Collin
- State
- Texas
- Longitude
- -96.3601981
- Latitude
- 33.1628983
