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3565 Fm 1461, McKinney, TX 75071
$5,000,000
3565 Fm 1461, McKinney, TX 75071View this property at 3565 Fm 1461, McKinney, TX 75071
3565 Fm 1461McKinneyTX75071
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Property Description
INCREDIBLE COMMERCIAL LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one a kind commercial land opportunity.
Full Property Details
Full Property Details for 3565 FM1461
General
- Price: $5,000,000
- Taxes: $15,936
- Status: Active
- Type: Commercial Land
- MLS ID: 20266053
- Updated: 4/12/2024
- Added to Site: 424 day(s) ago
Parking
- Parking Features: Boat, RV Access/Parking
Location
- County: Collin
- Subdivision: None
- Driving Directions: From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461 and Baxter Well Road.
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: John A Baker
- Middle School: Lorene Rogers
- High School: Prosper
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Propane, Septic Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Retail
- Year Built: 1975
Additional Structures
- Other Structures: Outbuilding, Residence, RV/Boat Storage, Shed(s), Storage, Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 7.72
- Lot Size (Sq. Ft.): 336,283.2
- Lot Size Source: Assessor
- Frontage: Farm to Market Road
- Lot Features: Acreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System
- Development Status: Zoned
- Potential Use: Commercial, Investment, Mini Storage, Retail, Warehouse
- Zoning: Commercial in ETJ
- Fencing (Description): Gate, Wrought Iron
Financial Considerations
- Tax Amount: $15,936
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: ABS A0838 JOEL F STEWART SURVEY, TRACT 66, 7.
- Exclusions: Excludes greenhouse's, above ground irrigation systems, storage shed, windmill, all nursery plants, trees, equipment, tools, and materials.
- Property ID: R683800006601
Listed by Designer Realty, Todd Milligan
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Schools
Schools serving 3565 FM1461
School District:Prosper Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
3125 Bluewood Dr, McKinney, TX 75071 | PK-5 | 0.9 mi | |
301 Eagle Dr, Prosper, TX 75078 | 9-12 | 6.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3565 FM1461
Date
Details
Price
Change
Source
10/05/2023
Price Increased
$5,000,000
11.11%
MLS
8/28/2023
Price Increased
$4,500,000
9.09%
MLS
2/27/2023
Listed
$4,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3565 FM1461
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,735
—
$1,520,901
22%
2022
$9,735
—
$1,248,080
—
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 3565 FM1461
3565 Fm 1461, McKinney, TX 75071 (MLS# 20266053) is a Commercial Land property with a lot size of 7.72 acres. 3565 Fm 1461 is currently listed for $5,000,000 and was received on February 27, 2023. Want to learn more about 3565 Fm 1461? Do you have questions about finding other Commercial Land real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.