Over 37 Acres on HWY 380 (University) in high traffic area. Great potential in rapidly growing commercial area. Close to newly built Baylor of McKinney with many major entities under development. Property is being taxed at AG rate but will be subject to rollback tax due to change of use. Buyer to verify and pay rollback taxes at closing.
From US 75 go West 2 miles on HWY 380 Property is on the left between Terry and Bois D Arc
The approximate monthly Principal & Interest payment for this property would be $67,920. This payment is based on a 30-year loan at a fixed rate of 3.900 % with a down payment of $1,600,000. Actual lender interest rates and loan programs may vary. Use our Mortgage Payment Calculator to determine a more exact payment estimate.