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Archived over 1 year ago

$205,000

2 bd ba

2225 S Bridgefarmer Rd, Mckinney, TX 75069

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$2,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Off Market McKinney, 75069

Off-market investment opportunity in Lowry Crossing with Princeton ISD!

This property sits on a nice 1 acre lot and is just a short drive to Lake Lavon and Historic Downtown McKinney. Our comp down the road on Traildust is smaller than us with minimal cosmetic updates and sold at $357k. After updating this property will be ready to fly off the shelf.

Please contact me at 805-345-8404 for full details and access info.

Location:

2225 S Bridgefarmer Rd, Mckinney, TX 75069

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.