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2252 CR 342
McKinney TX 75071 US

$2,493,000

Active Listing ID 21134836
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14 bed
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10.00 Bath (10 Full)
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Lot: 7.98 Acres
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Single Family Residence

$2,493,000

Active Listing ID 21134836
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2252 CR 342 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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Property Features

  • Facts
  • Lot Size: 7.98 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 10
  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Exterior Finish: Fire Pit, Fence
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating), Fireplace(s), Heat Pump (Heating)
  • Additional Features
  • Fireplace

School Information

  • School
  • Sumeer(Elementary)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 2493000
  • unparsedaddress: 2252 CR 342
  • postalcity: McKinney
  • stateorprovince: TX
  • country: US
  • postalcode: 75071
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 7.98
  • lotsizeunits: Acres
  • lotsizearea: 7.98
  • livingarea: 13100
  • livingareaunits: Square Feet
  • latitude: 33.258544
  • longitude: -96.559789
  • listagentfullname: Ron Morgan
  • listagentemail: homesalesasap@gmail.com
  • listagentkey: 3yd-NTREIS-0660381
  • listagentmlsid: 0660381
  • listagentpreferredphone: 8884556040
  • listagentofficephone: 8884556040
  • listofficekey: 3yd-NTREIS-FATH01
  • listagentstatelicense: 0660381
  • listofficemlsid: FATH01
  • disclaimer: Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1981
  • listagenturl: https://www.fathomrealty.com
  • countyorparish: Collin
  • parcelnumber: R603400000801
  • elementaryschool: Sumeer
  • appliances: Cooktop, Cooktop - Electric, Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • cooling: Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl
  • heating: Central, Electric (Heating), Fireplace(s), Heat Pump (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Covered, Driveway
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available
  • exteriorfeatures: Fire Pit, Fence
  • architecturalstyle: Ranch
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.55979, 33.258545
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Fathom Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"homesalesasap@gmail.com", "ListBrokerageCity":"McKinney", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokertexas@fathomrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Fathom Realty LLC", "ListBrokeragePhone":"(888) 455-6040", "ListBrokeragePostalCode":"75071", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6841 Virginia Pkwy #103-448", "ListBrokerageWebsiteUrl":"https://www.fathomrealty.com", "ListOfficeAddress1":"6841 Virginia Pkwy #103-448", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0622496", "ListOfficeCity":"McKinney", "ListOfficeCountry":"US", "ListOfficeEmail":"brokertexas@fathomrealty.com", "ListOfficePostalCode":"75071", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence, Ranch - McKinney, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2252-County-Road-342_McKinney_TX_75071_M83050-53983?f=listhub&s=NTREIS&m=21134836&c=rexren", "MLSModificationTimestamp":"2025-12-18T20:10:23Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2025 1:43:28 AM GMT
Source Updated Date: 12/20/2025 6:50:27 PM GMT

Courtesy of: Ron Morgan, Fathom Realty, homesalesasap@gmail.com

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.