@laceyb.real: I found two homes in McKinney Texas for less than $300,000. Is it too good to be true?… probably.

laceyb.realtor
laceyb.realtor
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Tuesday 15 July 2025 01:55:08 GMT
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...loveyours
LoveYours🆘 :
The way you all say “just north” as if its a hop skip and a jump… it FARRRR north
2025-07-15 03:25:33
84
football.5333
Football#53 :
dude mckinney is 45 - 1 hour north of dallas
2025-07-15 12:28:15
26
sarahspikeston
Sarah Spikeston :
3700/month extra and it’s not even yours!!!
2025-07-15 12:35:58
20
david.knudtson
David Knudtson :
Dang. I haven’t seen residential homes on ground lease before. Airport hangers is common but a home?! Is it a particular area like a park or new investment strategy?
2025-07-15 02:30:05
12
localtexaslender
LocalTexasLenderIan :
that is absolutely wild 😳 I've never seen these. Thanks for the GREAT info.
2025-07-15 03:42:03
7
brettstratton7
Brett Stratton :
Great info, I didn’t realize there were ground leases in the Mertoplex.
2025-07-16 13:21:16
8
almamoreno726
almamoreno726 :
Crazy! When i moved to Mckinney back in 2009 houses were $200K for a huge house!
2025-07-15 04:39:35
9
lmnmama
lmnmama :
Question ❓if the person buys a home with a ground lease do they still pay property taxes?
2025-07-15 04:59:10
7
s_17_s_17
Tywin_Lannister :
I saw these 2 homes exactly 250 and 255k !! Thanks for the advice!! I was really considering those homes
2025-07-15 05:12:23
5
ayxn57
Ayxn57 :
I get mineral rights but leasing land that a house is built on is nothing but a scam to the uninformed and usually lower income families. This type of thing should be illegal in Texas
2025-07-15 12:21:26
21
sharonsmithcrow
Fordgal :
I saw those homes too. Ridiculous
2025-07-15 03:28:48
9
jkmbassoon
jkmbassoon :
If I’m paying rent for the land, I better be able to pick up the house and move it somewhere else 🤣
2025-07-15 16:59:40
7
pdeleonjr
Pedro :
McKinney is going to be the next tech hub
2025-07-17 00:53:05
1
liz_monaco
liz_monaco :
Interesting….this is so common in California
2025-07-15 02:05:38
3
jiggyb931
JBeez :
How do you know about ground leases? Of course a realtor could find out but is it listed somewhere? I’ve also heard newer metros like Celina you have to pay a MUD tax
2025-07-15 15:11:11
3
tamkub33
Tamkub :
That would be great if you can move the house..why would snyone buy that???
2025-07-15 12:45:41
3
drylightning
drylightning :
Aren’t we all technically in a ground lease thanks to property taxes? Also, what’re you’re thoughts on Sherman/Denison market? It feels like it’s getting to Dallas levels anymore…
2025-07-15 13:12:30
2
paulsalele
Paul Salele :
Ground lease for mobile home and trailer park makes sense but for permanent homes? It’s a terrible deal.
2025-07-15 14:44:02
4
helmburgerog
HelmBurger :
theres also a lot of other scams in the area. fake home and apartment advertisements
2025-07-16 06:51:39
3
kelleypiper3
Kelley McWilliams :
I get Zillow calls and I get those two all the time!!!! I just warn them upfront that the ground has to be leased out for 75 years.
2025-07-15 12:12:06
3
matthorsley2
Matt Horsley :
Great info! Thank you
2025-07-15 13:06:50
2
david89473
. :
Bwahahaha. I looked at that 255 one as an investment. Ran away very quickly when I saw that.
2025-07-15 18:15:13
1
pausethenbreathe
Pause&Breathe :
Thx for this valuable info. If I ever get a real estate license I would look for mentors like you 🙇
2025-07-15 17:05:28
1
elijahemert1
E :
No McKinney is just north of Allen, which is just north of Plano which is just north of Richardson which is just north of Dallas :)
2025-07-15 10:57:03
1
akcpinto
Amanda :
lol I live in the neighborhood where the land is being leased 🤣 I feel like it’s been on the market for forever
2025-07-15 03:45:10
1
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