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USATXMckinneyMckinney Outlots706 N Tennessee St
706 UNIT A PICTURED TO THE LEFT & UNIT B TO THE RIGHT. | Image 1
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$350,000

706 N Tennessee St, Mckinney, TX

House

For Sale

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220
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1344 sqft
Garage No
Taxes $3,905
Days Active 79
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $260
MLS® Number 20908866

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number20908866
Laundry Level
Central VacNo
FireplaceNo
Acreage0.163
Exterior
GarageNo
Approx. Age1950
Basement
DrivewayAsphalt, On Site, Off Street, Shared Driveway, Unpaved
Garage Spaces
HeatOther
A/CCeiling Fans, Other, Wall Units
Heating Fuel

Extras

Rooms

Show Details
Kitchen:First8 × 13 ft
Bathroom 2:FirstNot available
Living Room:First11 × 13 ft
Bathroom 1:FirstNot available
Bedroom 1:First15 × 13 ft

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