Bought for $200K. Sold for $475K.

Sherman St. was a tired brick ranch in Melissa, a few minutes north of McKinney, bought for $200,000 with an overgrown yard and a kitchen, floors, and bathrooms that had not changed in decades. The plan was simple and demanding: touch every surface, keep the budget at $100,000, and be on the market in eight weeks.

The kitchen became the heart of it: new navy cabinetry with an island and seating, white quartz counters, a patterned tile backsplash, white shiplap, white oak floors, and a rattan pendant. New plank flooring ran through the living areas under fresh paint and recessed lighting, with a blue front door as the first thing a buyer sees. Both bathrooms were redone: the guest bath with blue beadboard, a patterned tile floor, a new vanity, mirror, and fixtures in the existing footprint; the primary with a tile shower and a wood vanity. A bunk room got new flooring, paint, and lighting.

Outside, the brick was painted, the front door replaced, the lawn made new, and a covered patio built over it. The exterior became the listing photo.

It sold for $475,000. That is $175,000 above the purchase price and renovation cost combined, before closing, financing, and holding costs.

What Sherman St. means for your home

Sherman St. is the investor's version of a pre-sale renovation, and the lesson carries to any seller: buyers in Melissa and McKinney compare every existing home to new construction a few minutes away, so the kitchen, the baths, the floors, and the front of the house have to read as new. Eight weeks is a realistic schedule for a scope this size when the finishes are chosen before work starts and one project manager runs the job. If you own a home that is a generation behind its neighborhood, this is the scope we would price for you, alongside the lighter one, so you can see both numbers.