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$2,493,000
New Listing

2252 CR 342
McKinney, TX 75071

For Sale|Single Family Residence|Active
14
Beds
10
Total Baths
10
Full Baths
13,100
SqFt
$190
/SqFt
1981
Built
Subdivision:
dew babb surveytract 8
County:
Collin

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214-930-8350
2252 CR 3422252 CR 3422252 CR 3422252 CR 342
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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.

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Listing Snapshot
Price 
$2,493,000
Days On Site 
0 Days
Bedrooms 
14
Inside Area (SqFt) 
13,100 sqft
Total Baths 
10
Full Baths 
10
Partial Baths 
N/A
Lot Size 
7.98 Acres
Year Built 
1981
MLS® Number 
21134836
Status 
Active
Property Tax 
$15,195
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
19 hours agoListing first seen on site
General Features
Acres 
7.98
Attached Garage 
Yes
Carport 
2
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Levels 
One
Parking 
Additional ParkingCoveredDrivewayElectric GateAttached
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
Style 
Ranch
Utilities 
Electricity ConnectedSewer Not Available
Interior Features
Appliances 
DishwasherDisposalDryerElectric CooktopElectric OvenElectric Water HeaterMicrowaveRefrigeratorWasher
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Flooring 
CarpetVinyl
Heating 
CentralElectricHeat Pump
Interior 
Double VanityEat-in KitchenGranite CountersHigh Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
Bedroom 
Dimensions - 0 x 0Level - FirstFeatures - Walk-In Closet(s)
Dining Room 
Dimensions - 0 x 0Level - First
Exercise Room 
Dimensions - 0 x 0Level - First
Family Room 
Dimensions - 0 x 0Level - First
Kitchen 
Dimensions - 0 x 0Level - FirstFeatures - Pantry
Living Room 
Dimensions - 0 x 0Level - First
Master Bedroom 
Dimensions - 0 x 0Level - FirstFeatures - Walk-In Closet(s)
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Exterior Features
Construction Details 
Brick
Exterior 
Fire Pit
Fencing 
FencedGatePipe
Lot Features 
Wooded
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
School District 
Melissa ISD
Schools
School District
Melissa ISD
Elementary School
Sumeer
Middle School
East Cardinal
High School
Melissa
Listing courtesy of Ron Morgan of Fathom Realty homesalesasap@gmail.com



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Last checked: 2025-12-19 07:13 AM CST

Neighborhood & Commute
Source: Walkscore
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