11 acres at Wilmeth & Ridge

Expired Vacant Land for Sale
Also listed as Farm/Ranch
Catylist Listing ID: 30054423
Property Subtypes: Agricultural, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 11 Acres
Sale Price: $3,100,000
Unit Price: $281,818 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Expired On: 9/8/2017
Last Updated: 9/8/2017

Overview / Comments

Perfect investment or commercial property located in McKinney ETJ at NWC Wilmeth and Ridge Rd across from the new Wilmeth Ridge subdivision. Beautiful high efficiency 3,574 sqft +/- home with double insulated walls, roof, very low maintenance, workshop can be pool house with additional garage spaces, has full bath, water, elec, plumbing, 14' doors, RV hookups, or could be add living space/guest suite, etc. Property has gentle slope towards the creek, ponds, pastures, large barn. Lots to see with this property.

The location is extremely key with this property, especially being 1 mile north of 380.

Additional Details

Nearest MSA: Dallas-Fort Worth-Arlington
County: Collin
Tax ID/APN: 2120712
Property Located Between: Hwy 380 & proposed Wilmeth
Property Visibility: Excellent
Airports: McKinney National Airport
Area Description: McKinney is a city in and the county seat of Collin County, Texas, and the second in population to Plano. As of the 2010 census, the city's population was 131,117, making it the 19th-most populous city in Texas.[6] It is part of the Dallas-Fort Worth metroplex, and is located about 37 miles (60 km) north of Dallas. The Census Bureau listed McKinney as the nation's fastest-growing city from 2000 to 2003 and again in 2006, among cities with more than 50,000 people. In 2007, it was ranked second fastest-growing among cities with more than 100,000 people and in 2008 as third fastest. The most recent population estimate, produced by the city as of January 1, 2016, is 161,905
In Flood Plain?: Yes
Topography: Gently Sloping
Available Utilities: Electric, Cable, Internet Access
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,874 39,416 132,070
Median Age: 33.31 34.99 33.84
Households: 980 13,292 44,188
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