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1005 E University Drive McKinney, TX $ 500,000
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$ 500,000 Get more info
1005 E University Drive
$ 500,000
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Share Save

1005 E University Drive

McKinney, TX, 75069
$ 500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,453

1005 E University Drive, McKinney, TX 75069 - Image 1

Commercial Property for sale in McKinney, TX

for $500,000. The lot size is 1.861.

PRIME 1.861-ACRE COMMERCIAL DEVELOPMENT OPPORTUNITY ON US 380 – McKINNEY, TX. Rare opportunity to acquire approximately 1.861 acres of commercially zoned land with 939 feet of frontage on US 380 in McKinney, Texas. Positioned along a major growth corridor, the property sees more than 44,000 vehicles per day, providing excellent visibility and exposure. The surrounding population base experienced 5.3% annual growth from 2020 to 2024, supporting the long-term potential of this location. The property is conveniently located 2.4 miles from McKinney National Airport (TKI), 1 mile from Highway 5, 2 miles from Highway 75, and 5 miles from the Sam Rayburn Tollway. Located at a signalized T-intersection, the property offers excellent visibility and an ideal location for signage and advertising exposure. It is also minutes from Princeton, Texas, one of the fastest-growing cities in America. The property is currently used as a welding shop and has previously been leased to tenants from time to time, offering an opportunity for an investor or owner-user to generate income while benefiting from the underlying land value. The existing improvements provide flexibility for continued use, leasing, or future redevelopment. The value is primarily in the land and its strategic US 380 location. Strong population growth, high traffic counts, excellent highway access, and surrounding development make this an attractive opportunity for an investor, developer, or business owner. Owner financing available with a minimum of 60% down. Key Highlights 1.861 ± acres 939 ± feet of US 380 frontage 44,000+ vehicles passing daily Dual commercial zoning Signalized T-intersection 5.3% annual population growth (2020–2024) 2.4 miles to McKinney National Airport 1 mile to Highway 5 2.6 miles to Highway 75 5 miles to Sam Rayburn Tollway Minutes from Princeton, TX Existing welding shop-business use Income-producing potential or future redevelopment Owner financing available – minimum 60% down

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Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 4,327

Style

Unimproved Land

Lot Size

1.861

Town/City

McKinney

County/Region

Collin

MLS | Web ID

21388480
Features
General
Heating None
Cooling None
Utilities No Sewer No Water
Possession 30-60 Days
Roof Metal
Exclusions Lift
Business Type Construction/Contractor Industrial
Property Subtype Unimproved Land
Subdivision Name Wanda H Add
County Collin
Property Type Commercial Sale
Construction Materials Steel Siding
Year Built Details Preowned
Special Notes Flood Plain
Status Active
Directions Use GPS
City McKinney
Standard Status Active
Listing Terms Cash Conventional Owner Will Carry
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Exterior
Waterfront 0
Lot Features Irregular Lot
Lot Size Source Assessor
Parking Features Concrete
WaterFront Features Creek
Lot Size 1 to < 3 Acres
Foundation Other
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Interior
Flooring None
Total Stories 1
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Internal Only
Street Number 1 1005
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* Excluded Features
List By
Daniel Cano

Listing Agent

Jpar North Metro

Broker

Affordability Calculator

$3,814
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
9/16/2026 $500,000 Listed Price

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1005 E University Drive, McKinney, TX, 75069 is a Commercial Property for sale at $500,000 with a lot size of 1.861. The property's zip code is 75069 which is in McKinney, TX

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