2918 County Road 407McKinney, TX 75071

Property Details for 2918 County Road 407

Year built

2001

Lot size

2.78 AC

Property size (Sq ft)

1,792 SF

Property type

Commercial real estate

Description

This exceptional 2.78-acre property in McKinney, Texas, presents a unique investment opportunity. Situated on County Road 407, with direct access to Highway 380, this location benefits significantly from the ongoing expansion of the highway and surrounding growth. The existing mobile home, sold "as is," provides immediate housing potential while future development plans are implemented. The property boasts a substantial income stream from an existing cell tower lease, generating approximately $800 per month. This lease agreement transfers with the sale. The property's features extend beyond the cell tower, including a 1,792 square foot mobile home, multiple sheds and barns offering ample storage, and a variety of mature fruit trees. A front-to-back road easement ensures convenient access across the entire acreage. The property's location within the McKinney ETJ (Extra Territorial Jurisdiction) offers further development possibilities. Its proximity to numerous commercial and retail businesses enhances its value and potential for various uses. This property is ideal for investors seeking a blend of immediate income and long-term development potential in a rapidly growing area. Bring your vision and capitalize on this exceptional location.

Location Insight

City

McKinney

County

Collin

State

Texas

Latitude

33.194

Longitude

-96.5538

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