3190 Co Rd McKinney, TX 75071
This exceptional 3.72-acre property, situated at 3190 County Road 407 in McKinney, Texas, presents a compelling investment opportunity. Located within the city of McKinney's extraterritorial jurisdiction (ETJ) in Collin County, zip code 75071, this expansive lot offers remarkable versatility. Its zoning allows for both commercial and residential development, catering to a wide range of potential uses. The property's strategic location provides convenient access to downtown McKinney, ensuring proximity to the city's amenities and vibrant atmosphere. Furthermore, its accessibility to major highways and McKinney National Airport enhances its logistical appeal. The property benefits from being within the highly regarded McKinney Independent School District, a significant factor for residential development. Essential utilities are available, simplifying the development process. Given McKinney's robust growth trajectory and consistently appreciating property values, this 3.72-acre parcel represents a significant opportunity for investors seeking a versatile and strategically positioned asset in a thriving Texas market. The asking price for this exceptional property is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.