Quadplex with Roping
For Sale
Contact for pricing
Pending
1060 FM2478, McKinney, TX 75071
Main residence plus three rental units with separate electric meters, roping arena, and fenced equestrian facilities.
Property SizeContact for details
Lot Size5.80 Acres
Days on Market147
Property Features for 1060 FM2478
General Information
Standard status
Pending
Lot size
5.80 Acres
Property subtype
Land, Mobile Home Park
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
HomeLand Properties
Listed By:
Phil Letbetter · License #TX
(936) 295-2500
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Sep 1 at 8:27PM
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 HomeLand Properties
Investment Insights
Based on property information with market context.
Set on 5.8 acres at 1060 FM2478 in McKinney, this quadplex-style country property includes a main residence and three additional rental units. Separate electric meters serve each home, supporting independent utility management. The owner reports approximately $2,150 per month in gross rental income on the three rental units.
The property includes scattered tree cover and is fenced and cross-fenced. Equestrian improvements include a roping arena and stalls, providing on-site facilities for horse-related use. Paved road frontage offers straightforward access, and the property is noted as close to town.
Overall, this is a multi-unit residence with dedicated meters and equestrian infrastructure, designed to support both daily living and rental income from the additional homes.
The property includes scattered tree cover and is fenced and cross-fenced. Equestrian improvements include a roping arena and stalls, providing on-site facilities for horse-related use. Paved road frontage offers straightforward access, and the property is noted as close to town.
Overall, this is a multi-unit residence with dedicated meters and equestrian infrastructure, designed to support both daily living and rental income from the additional homes.
Key Highlights
- 5.8‑acre property with main residence plus 3 additional rental units
- Separate electric meters for each home
- Owner‑stated gross rental income on 3 units is approx. $2,150/mo
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Main residence plus three rental units with separate electric meters, roping arena, and fenced equestrian facilities.
Where is this quadplex located?
The property is located at 1060 FM2478 McKinney, TX.
What are key features of this property?
This property features: 5.8‑acre property with main residence plus 3 additional rental units; Separate electric meters for each home; Owner‑stated gross rental income on 3 units is approx. $2,150/mo
