Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISDThis is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside.The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service.The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare.Infrastructure is already in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI.For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground.Properties with this income, acreage, and infrastructure do not exist at this price point.Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator.Buy it for the income. Hold it for the appreciation. Expand it for exponential returns.This is not a maybe deal this is a generational asset. Schedule a showing before it’s gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.
Listed By
Agency Name: Fathom Realty
Agency Contact: 888-455-6040
Agent Name: Ron Morgan
Shown By
Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Estimated Payment
$ 6,266.65 per month $5,540.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $726.10 Homeowner's Insurance
2252 Cr 342 | MLS# 21134836
This single family home located at 2252 Cr 342, McKinney, TX 75071 is currently listed for sale with an asking price of $2,489,500. This property was built in 1981 and has 14 bedrooms and 10 full baths with 13100 sq. ft. Cr 342 is located in the dew babb surveytract 8 subdivision within the Melissa ISD school district. Search Dew Babb Surveytract 8 real estate on suemilamreed.kellyrealtors.com today.