704 N Tennessee Street, McKinney, TX 75069
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:susan beers888-455-6040
Office:fathom realty
MLS#:20905197
Source:GDAR
Price summary
- Price:$350,000
- Price per sq. ft.:$254.36
About this home
Investment Opportunity in Historic Downtown McKinney
Located less than half a mile from the charming Downtown McKinney Square, this property offers walkable access to boutique shops, restaurants, and year-round entertainment. The surrounding area is experiencing significant growth, with a vibrant mix of new retail and residential developments enhancing its appeal.
This duplex features two units: Unit A: 2 bedrooms, 1 bathroom (768 Sq. FT ) & Unit B: 1 bedroom, 1 bathroom ( 608 Sq. FT) Lot size 7,927 Sq ft.
Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex shares a large partially fenced backyard.
Unit A. updated kitchen butcher board countertops, white Samsung dishwasher, and updated sink faucet, tile floors and wood flooring in living, and the two bedrooms. 704 B. not updated, tenant has been there for 10 years.
The seller is offering this duplex and two others duplexes- 706, and 708 N. Tennessee—all located in a Business Neighborhood (BN) zoning district, ideal for long-term investment or redevelopment. All units are tenant-occupied, providing immediate income potential.
This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area.
Inquire about package deal pricing for all three duplexes.
Seller is selling the property AS IS. UNIT 704 A lease $1650 a month, with lease through May 31, 2026.
UNIT 704B $1090 a month, month to month
Annual Gross Income $31,080 with Gross Expense yearly property tax of $4,207, and Annual Insurance Expense is $3,200. Annual Net Income is $23,673.
Showings will be scheduled on a designated weekday EACH WEEK. Please contact co-listing agent Jacqueline at 214-449-2255
Contact an agent
Home facts
- Year built:1950
- Listing Id #:20905197
- Added:124 day(s) ago
- Updated:August 09, 2025 at 07:12 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,376 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Units
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:1,376 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Mckinney Boyd
- Middle school:Faubion
- Elementary school:Caldwell
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$254.36
- Tax amount:$4,207
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 9, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Winans.New listings near 704 N Tennessee Street
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