McKinney, TX 75071 2252 Cr 342
$1,999,990



34 more


































Presented By: Fathom Realty
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
THIS Property is offered well below appraised value .Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISD
This is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside.
The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service.
The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare.
Infrastructure is already in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI.
For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground.
Properties with this income, acreage, and infrastructure do not exist at this price point.
Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator.
Buy it for the income. Hold it for the appreciation. Expand it for exponential returns.
This is not a maybe deal this is a generational asset. Schedule a showing before it’s gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.
Presented By: Fathom Realty
Interior Features for 2252 Cr 342
Bedrooms
Total Bedrooms14
Bathrooms
Half Baths0
Total Baths10
Other Interior Features
Basement Y/NNo
Dining Areas2
Fireplace FeaturesWood Burning
Fireplaces Total1
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDecorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available
Laundry FeaturesElectric Dryer Hookup, Utility Room, Full Size W/D Area, Stacked W/D Area, Dryer Hookup, Washer Hookup
Living Areas4
Lock Box TypeCombo
Other Rooms
Room Count24
General for 2252 Cr 342
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Architectural StyleRanch
Carport Spaces2
CityMcKinney
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyCollin
Directionsgps
Elementary SchoolSumeer
Elementary School NameSumeer
Full Baths10
HOA TypeNone
HeatingCentral, Electric, Heat Pump
High SchoolMelissa
LevelsOne
Listing TermsCash, Conventional
Number of Garage Spaces4
Occupant TypeVacant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition
School DistrictMelissa ISD
Security FeaturesBurglar, Carbon Monoxide Detector(s), Smoke Detector(s)
Standard StatusActive
StatusActive
Subdivision Namedew babb surveytract 8
Transaction TypeFor Sale
Unexempt Taxes15195
UtilitiesAerobic Septic, Co-op Electric, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Septic, Sewer Not Available
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1981
Exterior for 2252 Cr 342
Attached Garage Y/NYes
Covered Spaces4
Exterior FeaturesFire Pit
FencingFenced, Gate, Pipe
Foundation Slab
Garage Length21
Garage Width21
Garage Y/NYes
Lot FeaturesAcreage
Lot Size5 to < 10 Acres
Lot Size Acres7.9800
Lot Size Area7.9800
Lot Size SourceAssessor
Lot Size Square Feet347608.8000
Lot Size UnitsAcres
Parking FeaturesAdditional Parking, Covered, Driveway, Electric Gate
Soil TypeUnknown
Structural StyleFarm/Ranch House, Mobile Doublewide w/Land, Single Detached
VegetationPartially Wooded
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Sumeer Elementary School
High School
N/A
Suzanne Smith
Broker/Owner

SQFT • 13,100