6071 Co Rd McKinney, TX 75071
- Land
- 5.19 lot acres
Current Use by Public Records
- Land
Property Details for 6071 Co Rd
- Lot size
- 5.19 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 5.19-acre tract in Collin County, Texas, presents a unique investment opportunity. Located at 6071 Co Rd 161, McKinney, TX 75071, this property boasts a strategic corner location at the intersection of CR 124 (future Wilmeth Road) and CR 161 (future Ridge Road), within the McKinney ETJ but outside city limits. The land offers significant potential for various commercial or multifamily developments. Existing infrastructure includes a 20-inch sanitary sewer line along CR 124, with water lines accessible along both CR 124 and CR 161. The property also includes a 3,740 square foot home, a pool, a heated shop, a 600 square foot garage (29x21 feet), a barn, and a pond. Note that approximately 1.19 acres are within a designated flood zone. Prosper ISD schools serve the area. The asking price is $3,000,000, translating to a land value of $13.27 per square foot. The property's proximity to the proposed 380 Bypass Option A further enhances its investment appeal. An adjacent 4.62-acre parcel is also available for purchase. Detailed information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McKinney
- County
- Collin
- State
- Texas
- Longitude
- -96.6977
- Latitude
- 33.2339
