This 26.008-acre property is situated within the ETJ of McKinney, located on the east side of Custer Road, just one mile north of Highway 380. It boasts approx 250ft of road frontage on Custer and is positioned at the southeast corner of the Custer and 1st Street (Wilmeth)intersection in Prosper. The 1st Street in Prosper is expected to extend to Wilmeth Road, eventually leading into McKinney, and is projected to run along the northern boundary of this property. Additionally, there are several attractive homes on the property that could potentially serve as business premises, and the City of McKinney is considering a C2 zoning designation should the property be annexed into the city limits. In addition, the City says they are open for zoning discussions.
Last updated on: 11/22/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,597
$1,745,943
2020
$13,151
$753,035
2019
$12,637
$718,732
2018
$12,637
$654,109
2017
$12,138
$625,025
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$84.9K
Per Month
Principal & Interest
$84.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$51K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cockrell Elementary School
1075 Escalante Trl
Distance between this listing and this school0.74 miles
Public District Grades KG-5
7
/10
Wilmeth Elementary School
901 La Cima Dr
Distance between this listing and this school1.87 miles
Public District Grades KG-5
8
/10
Reeves Elementary School
2501 Auburn Hills Pkwy
Distance between this listing and this school2.25 miles
Public District Grades KG-5
Nearby Schools
7
/10
Rogers Middle School
1001 S Coit Rd
Distance between this listing and this school2.25 miles
Public District Grades 6-8
6
/10
Dowell Middle School
301 S Ridge Rd
Distance between this listing and this school3.43 miles
Public District Grades 6-8
8
/10
Roach Middle School
12499 Independence Pkwy
Distance between this listing and this school4.00 miles
Public District Grades 6-8
Nearby Schools
6
/10
Rock Hill High School
16061 Coit Rd
Distance between this listing and this school2.94 miles
Public District Grades 9-12
5
/10
McKinney Boyd High School
600 N Lake Forest Dr
Distance between this listing and this school3.82 miles
Public District Grades 9-12
6
/10
Prosper High School
301 Eagle Dr
Distance between this listing and this school4.23 miles
The neighbors living near this home have an average income of $58,125. Residents of McKinney, TX typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3550 N Custer Rd
What is the listing price of this property?
The listing price of 3550 N Custer Rd property is $16,998,500.
What type of property is this?
The property 3550 N Custer Rd is land located in Mckinney, Texas, 75071.
Is this property for sale now?
Active Listing: 3550 N Custer Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,597 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3550 N Custer Rd in Mckinney, TX and zip code 75071. This home, which was built in 1999, sits on a 26.01 acre lot. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $16,998,500.
In October 2024 in McKinney, TX there were 6.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $524,977, while the average time on the real estate market was 72 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Figure Skating
BJs Wholesale Club
Stein Mart
Kmart
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information