300 McKinney Street, Farmersville, TX 75442

$225,000 Asking Price

3 beds
1 bath
1,260  sqft
Built in 1935

Don't miss out on this great investor special! This .58-acre property is situated on a corner off the town square. The property is uniquely bound by three separate streets. One half has been used for mixed-use over the years and can continue to be used as a residence. If it transitions to commercial use, it will retain its commercial status indefinitely. The second lot is already zoned commercial, offering a fantastic opportunity to build a bed and breakfast, motel, or other business. Its proximity to the town square makes it ideal for expanding the downtown area. The home is being sold as-is and most likely buyer will want to demolish. The shed on the property can be used for storage or parking a vehicle. Although both lots share the same street address and block number, they are separate lots -38B & 38D- and are being sold together. The seller may consider subdividing. No survey is available.


Features & Amenities

Interior

General:
High Speed Internet,Cable TV
Flooring:
Wood
Fireplace:
Fireplaces: 0

Exterior

Style:
Traditional,Detached
Pool:
None
Parking:
Gravel,Storage

Construction

Roofing:
Composition
General:
1, Pillar/Post/Pier

Location

Originating MLS:
NTR
School District:
Farmersville ISD
County:
Collin

Lot

Zoning:
FARMERSVILLE ORIGINAL DONATION (CFC), BLK K,, R1045011038B1
Fencing:
None

Utilities

Utilities:
Electricity Available,Water Available,Cable Available
Water:
Public

Financial

Source:
NTR

This listing courtesy of:
Coldwell Banker Apex, REALTORS, Caralee Gurney

About Farmersville, TX

Housing

Number of Units
5,330
Median Home Value
$218,951
Median Rent
$957

20.74% of housing units are renter occupied.

6.24% are vacant.

Commute

Car
67.32%
Public Transportation
0.00%
Walk to Work
1.30%
Work from Home
30.21%
Other
1.10%

The median travel time to work is 29 minutes.

People

Population
14,544
Median Age
38.60
Median Household Size
3.04

Education

High School
38.12%
Associate’s Degree
7.29%
Bachelor’s Degree
14.19%
Graduate Degree
4.12%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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