706 N Tennessee Street, McKinney, TX 75069
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by:susan beers888-455-6040
Office:fathom realty
MLS#:20905470
Source:GDAR
Price summary
- Price:$350,000
- Price per sq. ft.:$260.42
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: 1 bedroom, 1 bathroom & Unit B: 1 bedroom, 1 bathroom. (Unit A. is 672 SQ. ft), (Unit B. is 672 sq. ft) Lot size is 7,100 Sq. ft
Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex shares a large partially fenced backyard
The seller is offering this duplex and two others duplexes- 704, 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.
Seller is selling the property AS IS. Inquire about package deal pricing for all three duplexes.
Unit 706A rent is $1400 a month and is on a month-to-month rental agreement. Unit 706B rent is $1450 and lease ands April 1, 2026
Annual Gross Income is $34,200 with Gross Expense yearly property tax of $3,905 and Annual Insurance Expense of $3,217. Annual Net Income is $27,078.
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 #:20905470
- Added:124 day(s) ago
- Updated:August 09, 2025 at 07:12 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,344 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Units
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:1,344 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Mckinney Boyd
- Middle school:Faubion
- Elementary school:Caldwell
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$260.42
- Tax amount:$3,905
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 Senter, REALTORS(R).New listings near 706 N Tennessee Street
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