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$180,648Estimated home value

Beds
Unknown
sq ft
Unknown

1116 Sherman St, Mckinney, TX 75069

1116 Sherman St

McKinney, TX 75069

  • Sold On 5/4/2023
Spacious corner lot located near Downtown Historic McKinney entertainment district, convenient to major highways including Hwy 75 Central Expressway, Hwy 380 and George Bush 190. Perfect location for a gorgeous cottage or garden home. Surrounded by adorable bungalows with historic significance. Neighborhood is EXQUISITE in that there is so much to do and so conveniently located. Lot is vacant, ready for you to build your dream cottage!!! Water, electricity, city sewer available. Contact agent with any questions. It's a 65x45 foot print. If you build on Sherman, it's a 5' Right and 25' 3 sides set back. If you replat and build on White, it's 25' on 3 sides, 5' foot left. Survey and plans in Transaction Docs.

Details

Property type

Unimproved Land

Est. home value

$180,648

Lot size

9,583.2 sq ft

Price per sq ft

Unknown

Year built

Unknown

Annual property taxes

$2,806

Price History

12/30/2024
NTREIS

NTREIS #20568375

Removed
12/19/2024
NTREIS

NTREIS #20568375

Price change
$1,360,000
-6.14%
08/01/2024
NTREIS

NTREIS #20568375

Price change
$1,449,000
-8.87%

Schools & Community

Elementary school: 

Caldwell

Middle school: 

Faubion

High school: 

Mckinney Boyd

School district: 

McKinney ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Veritex Community Bank

Loan start date

October 2023

Original loan amount

$996,776

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Commercial, 2 year

Seller

Premier Renovations Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 01/03/2025 at 1:20 AM

Listing updated: 05/04/2023 at 5:02 PM

Listed by: Jenna Ryan, First Place Real Estate Phone #: (469) 491-0587

MLS: NTREIS #20290750

NTREIS logo

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