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279,655 Lot Sqft.
Lot & Acreage - Residential
74 Day(s) on HAR.com

General Description

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INVESTMENT OPPORTUNITY!!!!! The red alignment for the TXDOT 380 BYPASS project borders this property as well as the expansion of Lake Forest Drive into a 4 lane road. Located near the corner of Lake Forest Drive and CR 164 this 6.42 acre property has huge potential for future growth. This property is a great buy and hold investment and future development site as infrastructure continues expanding throughout the immediate area. Close proximity to US 75, HWY 380, Baylor, Scott & White Medical Center, McKinney North High School, and Raytheon. Three bedroom, two bath, updated home with guest quarters and separate entrance also included.

MLS#:
14222685 (NTREIS)
Listing Price:
$ 2,586,810
$Convert
Listing Status:
For Sale
Address:
5000 County Road 164
City:
State:
TX
Zip Code:
County:
Subdivision:
Bloomdale Estates
Legal Description:
BLOOMDALE ESTATES, LOT 6
Property Type:
Lot & Acreage - Residential
Year Built:
1999 /Appraisal District
Lot Size:
279,655 Sqft. /Appraisal District
Land Use:
Commercial,Mixed Use,Other
Road Frontage:
County Maintained,FMROA


Exterior Features

Lot Description:
Acreage, Creek, Some Trees
Fencing:
Chain Link, Pipe, Slick/Smooth Wire
Utility Other:
Co-op Electric, Propane/Butane/Lease
Utility:
All Weather Road, Asphalt, City Water, Septic
Easements:
Other
Road Surface:
County, FM Road


Lot Information

  Lot Size: 279,655 Lot Sqft.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Financial Information

Financing Considered:
Cash, Conventional, Not Assumable


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Tax Value
Tax Year Cost/sqft Tax Assessment Change
2018 $-- $367,392 9.12%
2017 $-- $336,677 8.65%
2016 $-- $309,875 10.33%
2015 $-- $280,858 -32.26%
2014 $-- $414,621 11.16%
2013 $-- $372,990
2018 Collin County Appraisal District Tax Value
Market Land Value: $256,800
Market Improvement Value: $326,790
Total Market Value: $583,590

Tax History
2018 Assessed Value/Appraisal District: $367,392
2017 Assessed Value/Appraisal District: $336,677
2016 Assessed Value/Appraisal District: $309,875
2015 Assessed Value/Appraisal District: $280,858
2014 Assessed Value/Appraisal District: $414,621
2013 Assessed Value/Appraisal District: $372,990
2018 Tax Rates
COLLIN COUNTY: 0.1808 %
COLLIN CO COMMUNITY COLLEGE: 0.0812 %
MCKINNEY ISD: 1.5900 %
Total Tax Rate: 1.8520 %
collin County Appraisal District

Estimated Mortgage/Tax

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$10,447 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 9,880
Estimated Monthly Property Tax (Based on Tax Assessment 2018) $ 567
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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Schools (provided by Listing Agent)
Naomi Press Elementary School
Johnson Middle School
Mckinneyno High School

View Nearby Schools

5000 County Road 164 McKinney TX 75071 is listed for sale for $2,586,810. It is a 6.42 Acre(s) Lot, in Bloomdale Estates.

View all homes on County Road 164

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