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How Much Is The Right ISD Worth?

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Manage episode 342710269 series 3289202
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How much is the right ISD worth to your property? So I have a real life scenario here where the property in McKinney is in Walnut Grove, and that’s in McKinney. But it used to go to Prosper ISD. Then they switched a long time ago from Prosper ISD to McKinney ISD. And there were several, several homes in the area where they still had children going to prosper. Sd So they asked to be grandfathered in and remain that specific property as an ISD of Prosper. Right? So they would still go to Prosper even though the whole area was zoned to McKinney. So I want to change it back to Prosper ISD. And I was trying to talk through and figure out what the value is of the right school district to a specific property. So we’re right on the border and it actually feels reversed. That property on the other side actually goes to Prosper ISD and this one’s carved out and goes back the other way. So it’s this weird and it seems extremely logical that it would be based on where it’s currently located. So the question comes up to you, and this is the interactive part of this is how much in a percentage term? Is it worth to go from McKinney ISD to Prosper ISD? How much of an increase in value or decrease? So put in a whole number if you think it’s a if it’s an increase and put in a negative number, if you think it’s a decrease to go from McKinney ISD to Prosper ISD. So what I also have is some additional information that I’m going to put up here on the screen. So we’re going to share this off. And what I’m going to show you is this is Prospers Third High School and the high school you can actually see from Walnut Grove. And this right here is Walnut Grove High School. So they named it after the neighborhood. But the neighborhood actually doesn’t go to that school. So I think we have a very good case to be able to to amend this and get this one to pass here, seeing as it is named after the area. And, you know, it seems extremely, extremely logical to me. So anyways, now you guys have seen what prospers third high school is going to potentially. Oh, there you go. You can click through this here and see what this what this looks like. Right. So inside here we go. Look at this. This is inside that new Prosper High School. Let you keep messing with that old car and show off what that looks like. But I think it’s worth. You know, quite a bit. Right. And you guys can take a look right there at this Prosper New High School, Walnut Grove. So I have my first answer in that Stacy Hendren Chance in that she thinks it’s worth 10 to 15% to move from McKinney ISD to Prosper ISD. Now, for the high school and in particular here, the the high school would go to McKinney North, which is a considerable distance, in my opinion, from this or prosperous high school is going to be like, I don’t know, one mile. Right. So there’s there’s that we’re not going to play this three minute video, but you guys can at any time take a look through and see what this new high school is going to bring for for Prosper ISD, the property. The school is actually in construction right now. And I myself think that it is 15% what the school is worth. I think Stacy is on the right move. So I think that to the whole neighborhood it is worth pursuing. I’m not sure that price difference in the tax rate between Prosper and McKinney, that might play a little bit of a difference if the taxes are significantly more for Prosper that ISD versus McKinney ISD. But we’ll have to take a look. But Stacy, thank you for interacting. 10 to 15%, she says. So there is a value in Stacy’s mind. My mind it was 15%, and I would like to hear what anyone else says. – How Much is the Right ISD worth – --- Send in a voice message: https://podcasters.spotify.com/pod/show/realestatenewstv/message
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196 episodes

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Manage episode 342710269 series 3289202
Content provided by Real Estate News TV. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Real Estate News TV or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How much is the right ISD worth to your property? So I have a real life scenario here where the property in McKinney is in Walnut Grove, and that’s in McKinney. But it used to go to Prosper ISD. Then they switched a long time ago from Prosper ISD to McKinney ISD. And there were several, several homes in the area where they still had children going to prosper. Sd So they asked to be grandfathered in and remain that specific property as an ISD of Prosper. Right? So they would still go to Prosper even though the whole area was zoned to McKinney. So I want to change it back to Prosper ISD. And I was trying to talk through and figure out what the value is of the right school district to a specific property. So we’re right on the border and it actually feels reversed. That property on the other side actually goes to Prosper ISD and this one’s carved out and goes back the other way. So it’s this weird and it seems extremely logical that it would be based on where it’s currently located. So the question comes up to you, and this is the interactive part of this is how much in a percentage term? Is it worth to go from McKinney ISD to Prosper ISD? How much of an increase in value or decrease? So put in a whole number if you think it’s a if it’s an increase and put in a negative number, if you think it’s a decrease to go from McKinney ISD to Prosper ISD. So what I also have is some additional information that I’m going to put up here on the screen. So we’re going to share this off. And what I’m going to show you is this is Prospers Third High School and the high school you can actually see from Walnut Grove. And this right here is Walnut Grove High School. So they named it after the neighborhood. But the neighborhood actually doesn’t go to that school. So I think we have a very good case to be able to to amend this and get this one to pass here, seeing as it is named after the area. And, you know, it seems extremely, extremely logical to me. So anyways, now you guys have seen what prospers third high school is going to potentially. Oh, there you go. You can click through this here and see what this what this looks like. Right. So inside here we go. Look at this. This is inside that new Prosper High School. Let you keep messing with that old car and show off what that looks like. But I think it’s worth. You know, quite a bit. Right. And you guys can take a look right there at this Prosper New High School, Walnut Grove. So I have my first answer in that Stacy Hendren Chance in that she thinks it’s worth 10 to 15% to move from McKinney ISD to Prosper ISD. Now, for the high school and in particular here, the the high school would go to McKinney North, which is a considerable distance, in my opinion, from this or prosperous high school is going to be like, I don’t know, one mile. Right. So there’s there’s that we’re not going to play this three minute video, but you guys can at any time take a look through and see what this new high school is going to bring for for Prosper ISD, the property. The school is actually in construction right now. And I myself think that it is 15% what the school is worth. I think Stacy is on the right move. So I think that to the whole neighborhood it is worth pursuing. I’m not sure that price difference in the tax rate between Prosper and McKinney, that might play a little bit of a difference if the taxes are significantly more for Prosper that ISD versus McKinney ISD. But we’ll have to take a look. But Stacy, thank you for interacting. 10 to 15%, she says. So there is a value in Stacy’s mind. My mind it was 15%, and I would like to hear what anyone else says. – How Much is the Right ISD worth – --- Send in a voice message: https://podcasters.spotify.com/pod/show/realestatenewstv/message
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196 episodes

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