$135,000
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806 Canal Street Mckinney, TX 75069
4,791 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Hight & Horn Add
MLS Listing ID 20726391
Sold Date 01/27/25
HOA Y/N None
Annual Tax Amount $1,518
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50 x 116
Property Description
Great Opportunity for Builders and Investors. Both lots 806 and 808 to be sold together. MLS #20726391. The price is $270,000. Only 5 minutes from historic Downtown McKinney. McKinney School District. RG-18 zoning allows for multifamily construction on lot 806. The city may allow for optional uses for lot 808 or combining the lots for a large multi-family structure. Buyer will need to apply for construction permits after purchase. Option time not to exceed 5 days. No HOA. Excellent rental potential with current duplex rentals at over 2K for each side.
Location
State TX
County Collin
Zoning Zoned RG-18 Residential, allows for multi-family
Direction From 380 travel South on Throckmorton Street, turn East on Drexel Street to Canal Street. Lots are side by side
Exterior
Fence None
Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Available
Lot Frontage 50.0
Garage No
Building
Lot Description Cleared, Corner Lot, Lrg. Backyard Grass, Subdivision
Schools
Elementary Schools Caldwell
Middle Schools Johnson
High Schools Mckinney North
School District Mckinney Isd
Others
Restrictions No Known Restriction(s)
Ownership Contact Agent
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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©2025 North Texas Real Estate Information Systems.
Bought with Jennifer Levitch • Coldwell Banker Apex, REALTORS
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