Mckinney, TX 75069,806 Canal Street
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$ 135,000
Est. payment | /mo

4,791 Sqft Lot


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$ 135,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Hight & Horn Add

MLS Listing ID 20726391

HOA Y/N None

Annual Tax Amount $1,518

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50 x 116

Property Description

Great Opportunity for Builders and Investors. Both lots 806 and 808 to be sold together. MLS #20726391. The price is $270,000. Only 5 minutes from historic Downtown McKinney. McKinney School District. RG-18 zoning allows for multifamily construction on lot 806. The city may allow for optional uses for lot 808 or combining the lots for a large multi-family structure. Buyer will need to apply for construction permits after purchase. Option time not to exceed 5 days. No HOA. Excellent rental potential with current duplex rentals at over 2K for each side.

Location

State TX

County Collin

Zoning Zoned RG-18 Residential, allows for multi-family

Direction From 380 travel South on Throckmorton Street, turn East on Drexel Street to Canal Street. Lots are side by side

Exterior

Fence None

Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Available

Lot Frontage 50.0

Garage No

Building

Lot Description Cleared, Corner Lot, Lrg. Backyard Grass, Subdivision

Schools

Elementary Schools Caldwell

Middle Schools Johnson

High Schools Mckinney North

School District Mckinney Isd

Others

Restrictions No Known Restriction(s)

Ownership Contact Agent

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Leann Andrews • RE/MAX Select Homes

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806 Canal Street