SCC McKinney 1 LP pledges Collin, Dallas land for $15.95M loan
One loan, two county clerks: the same deed of trust was recorded in Collin and Dallas counties within 24 hours.
- Source Briefing
- Public record
SCC McKinney 1 LP has pledged land in two Dallas-Fort Worth counties as collateral for a $15,950,181 loan from Susser Bank. The deed of trust was recorded with the Collin County Clerk on Nov. 9, 2026 and with the Dallas County Clerk on Nov. 10, 2026.
Why it matters
A $16 million loan secured by land can be an early signal of what a borrower plans to build. The filing names no project, but it shows a bank willing to lend nearly $16 million against a mix of Collin County acreage and a Dallas lot, secured by a single instrument.
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The record names the borrower only as an LP and does not identify a sponsor or operating brand, so we name no developer. Neither the borrower nor the bank has commented on the loan.
The numbers
The two filings are one loan. Both instruments carry the same $15,950,181 principal amount, the same Nov. 6, 2026 instrument date and the same 37-page length. Adding them would produce a $31.9 million figure that does not exist, so we count the loan once.
- Collin County: two tracts in the Duffan Survey, Abstract 287, measuring 8.6627 acres and 1.1839 acres. The filing cites Loan No. 43322 in the bank’s records.
- Dallas County: Lot 13, Block A of Glenridge Estates Third Installment.
- Borrower and lender: SCC McKinney 1 LP and Susser Bank.
- Borrower: the Comptroller lists SCC McKinney 1 LP as a Texas franchise-tax entity.
The records do not show a purchase price, a construction budget or a maturity date. A deed of trust secures a debt; it does not record what was paid for the land. Readers tracking land basis should look for the underlying warranty deeds.
What’s next
A loan this size on fresh land usually precedes a site plan, plat or building permit filing. We will watch Collin County plats and Dallas permit filings for the pledged parcels and report the project when one surfaces.
Related coverage of Dallas-Fort Worth lending and land activity is on the Dallas market page.
Quick answers
- What is the latest on SCC McKinney 1 LP land financing?
- SCC McKinney 1 LP pledged Dallas and Collin County land for a $15,950,181 Susser Bank loan, recorded Nov. 9 and Nov. 10, 2026.
- What are the key numbers for SCC McKinney 1 LP land financing?
- Susser Bank loan principal: $15.95M; largest Collin tract pledged: 8.66 ac; county filings, one loan: 2.
- Where does the information on SCC McKinney 1 LP land financing come from?
- The story cites Dallas County Clerk, Collin County Clerk and Texas Comptroller of Public Accounts.
On the record
A single $15,950,181 Susser Bank deed of trust was recorded in both Collin County (Nov. 9) and Dallas County (Nov. 10), so the two filings are one loan, not $31.9 million
Public record · dallas.tx.publicsearch.us
Primary record
- Public recordCollin collateral is two Duffan Survey tracts of 8.6627 and 1.1839 acres; Dallas collateral is Lot 13, Block A, Glenridge Estates Third InstallmentView the record on collin.tx.publicsearch.us
- Texas Comptroller of Public AccountsFranchise tax listing for SCC McKinney 1 LP