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419 W 5th St

McLean, TX 79061
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Just listedJust listed
2 - 4 Bedroom(s)
1 Full & 1 Half Bath(s)
2,133 Sqft
14,375 Lot Sqft
Single-Family

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Description

Seller May Contribute to Buyer Expenses Up To $10,000. Explanation ↓

Investor special in the heart of McLean, located along historic Route 66. DON'T MISS THIS OPPORTUNITY. This property is priced aggressively to create a fast sale opportunity for investors or buyers looking to build equity. This 3-bedroom, 2-bath property offers approximately 3,133 sq ft on a large corner lot with a detached garage, potential for a workshop, RV parking, and multiple value-add opportunities. Ideal for investors, flippers, buy-and-hold portfolios, short-term rental concepts, or retail buyers looking to customize a property with significant upside potential. Seller is offering strong buyer incentives, including REPAIRS, CLOSING COST, AND INTEREST RATE BUYDOWN ASSISTANCE. The combination of square footage, lot size, historic location, and affordability creates a rare opportunity at this price point. Property sold as-is. Buyer to independently verify condition, measurements, schools, and investment projections.

MLS#
35248796
List Price
$173,000 ($81/Sqft.)
Listing Status
For Sale
Address
419 W 5th St
City
McLean
State
TX
Zip Code
79061
County
Gray County
Subdivision
Ot Mcl
Legal Description
LOTS 11-15 BLK 88 ORIGINAL TOWN
Property Type
Single-Family
Bedroom
2 - 4 Bedroom(s)
Bath
1 Full & 1 Half Bath(s)
Garages
1 / Detached
Stories
1
Building Size
2,133 Sqft/Seller
Architecture Style
Other Style
Year Built
1940 /Appraisal District
Lot Size
14,375 Sqft/Appraisal District
LP / Acre
$524,242 / Acre
Key Map©
1

Exterior

Roof
Metal
Foundation
Slab
Private Pool
No
Exterior Type
Other, Wood
Lot Description
Cleared, Subdivision Lot
Water Sewer
Public Water

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Financial information

Financing Considered
Cash Sale, Conventional, FHA, Investor, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$1,335/2025
Tax Rate
2.1657

Rooms

Primary Bedroom
11 x 11, 1st
Bedroom
10 x 11, 1st

Interior

Bedroom Description
All Bedrooms Down
Cooling
Central Electric
Heating
Central Gas

Lot Information

Lot Size
14,375 Sqft. /Appraisal District
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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
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Information source

Houston Association of REALTORS®
Source last updated May 12, 2026 at 05:37 PM
Listing last updated May 12, 2026 at 02:26 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
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.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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