Morphic Development
1650 W Virginia St STE 110, McKinney, TX 75069
McKinney, Texas, United States
Address
City: McKinney
Neighborhood: Inwood
State: Texas
Postal Code: 75069
Country: United States
Business facts
Estimated annual revenue~$1.3M
Estimated employees~3
Estimated wage bill~$267.2K
Estimate based on strong signals
Area statistics (75069)
Population39,048
Median household income$74,967
Source: US Census ACS
About
Morphic Development is located in McKinney, Texas. This business is working in the following industry: Real Estate Developer.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Real Estate Developer).
EstimateCategory trend: 2024, +1.9%
Revenue trend (modeled)
~$864.1K2019
~$989.9K2020
~$1.2M2021
~$1.3M2022
~$1.2M2023
~$1.3M2024
Modeled from official industry statistics+8.0%/yr since 201980% confidence band: ±42%
Property
Lot size1.15 acres
CountyCollin
Parcel ownerCEDAR CRK BLD PARTNERSHIP
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Real Estate Developer in Texas | 3,038 | ~$6.7B | ~$2.3M | ~$1.0M | 4.6★ | 1.2× |
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure850 chains expanding in this category, led by PRD Inc, GQ Walker, Tech (+5,407 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 191 | ~$333.7M | ~$1.7M | ~$716.8K | 970 | ~$84.3M | 1.8× |
| Real estate activities | 17 | ~$94.6M | ~$5.6M | — | 49 | — | — |
1 km area (all businesses): median from the 162 of 191 businesses with estimates
Estimate
Area conditions (75069)
Population39,048 ±1,668
Median household income$74,967 ±$9,334
Median home value$379,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS