2310 Wilson Creek PkwyMcKinney, TX 75069

  • Commercial land
  • 6.06 AC
For Sale
$3,600,000 View listing

Property Details for 2310 Wilson Creek Pkwy

Lot size
6.06 AC
Zone code
PD
Property type
Commercial land
APN
R-1957-000-0000-1
APU
R195700000001

Description

This exceptional 6.06-acre tract in McKinney, Texas presents a prime development opportunity. Located within city limits and adjacent to McKinney High School, this property boasts city-approved plans for 26 premium townhomes, included in the $3,600,000 asking price. The land offers a desirable blend of open space and mature trees, allowing for the creation of attractive landscaped areas. City water, sewer, and electricity are readily available. The property enjoys main road frontage on Wilson Creek Parkway for convenient access, while the rear portion offers potential for enhanced privacy due to existing trees. Its strategic location across from Towne Lake Park and Grady Littlejohn Softball & Baseball Complex provides picturesque views and adds significant appeal to future residents. The proximity to Grand Homes' new single-family home development further underscores the area's growth potential. This is an unparalleled chance to capitalize on McKinney's thriving real estate market in Collin County, Texas, zip code 75069. The property's original commercial zoning has been successfully transitioned to residential, offering developers significant flexibility. This is a truly remarkable opportunity to build a thriving townhome community in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $66,497,064
    Hospitality
    $60,910,952
    Educational
    $50,677,196
    Medical
    $52,420,064
    Retail
    $78,831,192

Location Insight

City
Mckinney
County
Collin
State
Texas
Latitude
33.1864
Longitude
-96.6286
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,932
$866,674
-
$866,674
-
$866,674
-
$866,674

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