Date
Details
Price
Change
Source
12/18/2025
Listed
$2,493,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/39
$2,493,000
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Property Description
Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISD This 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.
Full Property Details
Full Property Details for 2252 Cr 342
General
- Price: $2,493,000
- Taxes: $15,195
- Status: Active
- Type: Mobile Home
- Source: NTREIS
- MLS ID: 21134836
- Updated: 12/18/2025
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Stacked
Additional Information
- Security/Safety: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Additional Parking, Covered, Driveway, Electric Gate
Location
- County: Collin
- Subdivision: dew babb surveytract 8
- Driving Directions: gps
School Information
- Elem School District: Melissa ISD
- Midd School District: Melissa ISD
- High School District: Melissa ISD
- Elementary School: Sumeer
- Middle School: East Cardinal
- High School: Melissa
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Sewer Not Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 13,100 Sq. Ft.
- Year Built: 1981
Lot Features
- Lot Size (Acres): 7.98
- Lot Size (Sq. Ft.): 347,608.8
- Lot Size Source: Assessor
- Lot Features: Acreage
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Fenced, Gate, Pipe
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $15,195
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ABS A0034 D E W BABB SURVEY, TRACT 8, 5.97 AC
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R603400000801
Listed by Fathom Realty, Ron Morgan and Fathom Realty, Kimberly Morgan
We Value Your Privacy
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Listing agents
— 2252 Cr 342 —
Ron Morgan
Fathom Realty
Kimberly Morgan
Fathom Realty
888-455-6040
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 2252 Cr 342
Tax History
Tax History for 2252 Cr 342
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,898
15%
$1,044,308
20%
2023
$11,254
-4%
$868,114
15%
2022
$11,719
—
$756,274
8%
2022
$11,719
29%
$699,000
32%
2021
$9,078
14%
$531,000
14%
2020
$7,971
83%
$464,312
94%
2019
$4,365
4%
$239,262
10%
2018
$4,203
9%
$217,567
10%
2017
$3,842
7%
$197,828
8%
2016
$3,606
5%
$183,998
6%
2015
$3,447
16%
$174,366
9%
2014
$2,969
10%
$159,890
10%
2013
$2,706
—
$145,397
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2252 Cr 342
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2252 Cr 342, McKinney, TX 75071 (MLS# 21134836) is a Mobile Home property with 14 bedrooms and 10 full bathrooms. 2252 Cr 342 is currently listed for $2,493,000 and was received on December 18, 2025. Want to learn more about 2252 Cr 342? Do you have questions about finding other Mobile Home real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.