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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size 1496 sqft
Garage No
Taxes $4,336
Days Active 79
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $233
MLS® Number 20908911

Property Address: 

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

Description

Investment Opportunity 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 (748 SQ. FT ) & Unit B: 1 bedroom, 1 bathroom (748 SQ. FT ). Lot size is 8, 015 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 706 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. 708 B.Unit has butcher block counter tops, and stainless steel dishwasher. Inquire about package deal pricing for all three duplexes. 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. Unit 708A rent is $1425 a month, with a valid lease until May 31, 2026. Unit 708B $1500 a month and lease ends September 30, 2025. Annual Gross Income $33, 600 with Gross Expense yearly property tax of $4, 336, and Annual Insurance Expense is $3, 200. Annual Net Income is $26, 064 Showings will be scheduled on a designated weekday EACH WEEK. Contact CO- listing realtor to Jacqueline 214-449-2255Show Description
MLS® Number20908911
Laundry Level
Central VacNo
FireplaceNo
Acreage0.184
Exterior
GarageNo
Approx. Age1950
Basement
DrivewayAsphalt, On Site, Shared Driveway, On Street, Unpaved
Garage Spaces
HeatOther
A/CWall Units
Heating Fuel

Extras

Rooms

Show Details
Bathroom 2:FirstNot available
Bathroom 1:FirstNot available
Kitchen:FirstNot available
Living Room:FirstNot available
Bedroom 1:FirstNot available

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