807 Barnes Street
About This Property
Welcome to this charming and truly unique 3-bed, 3-bath home nestled among gorgeous Magnolia trees and just moments from Historic Downtown McKinney. **Built with Structural Insulated Panels (SIPs), this home is approximately 50% more energy-efficient than traditional construction**, offering exceptional comfort and long-term savings. The stone front porch and lush landscaping set the tone for the warmth you'll find inside.
Step into a home filled with character, hardwood and stone floors, recessed lighting, and plantation shutters throughout. The living room's gas fireplace creates a cozy gathering space, while the kitchen shines with granite counters, a breakfast bar, plentiful cabinets, and a built-in desk. The kitchen opens beautifully to the family and breakfast rooms, making everyday living easy. The optional study also serves as the 3rd bedroom.
Upstairs, the primary suite is a peaceful escape featuring a screened-in balcony, fireplace, dual walk-in closets, and an ensuite bath with jetted tub, glass block shower, dual sinks, and a bonus room ideal for a nursery or reading nook. A second spacious bedroom also includes its own ensuite bath. The upstairs utility room offers convenience with built-in cabinetry and a sink.
Relax outdoors on the lovely stone patio surrounded by a wood privacy fence, perfect for morning coffee or evening unwinding.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Sep 10, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by DHS Realty | $699,000 | |
| Listed by DHS Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017