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: 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.
showings will be scheduled on a designated weekday evening showing window each week.
for interior photos or additional information, please contact co-listing agent jacqueline at 214-449-2255.
this is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the downtown mckinney area.
fully rented duplex!!! inquire about package deal pricing for all three duplexes.seller is selling the property as is. 704 a lease $1500 a month, through february 28, 2026. , 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. please contact co-listing agent jacqueline at 214-449-2255
Property Type
ResidentialSubdivision
Mckinney OutlotsCounty
CollinStyle
Attached or 1/2 DuplexAD ID
49409067
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
Interior Features
- Cable TV Available,High Speed Internet Available
Appliances
- Electric Oven,Refrigerator
Utilities
- Asphalt,City Sewer,Individual Gas Meter
Cooling Features
- Ceiling Fan(s),Wall Unit(s)
Heating Source
- Other
Fireplace
- Number of Fireplaces: 0
-
Exterior Features
Building Information
- Built Year: 1950
- Construction: Siding
- Roof Type: Composition
Foundation
- Pillar/Post/Pier
Fencing
- Back Yard,Partial
Construction Materials
- Siding
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.1820
- Lot Size Units: Acres
- Lot Size Square Feet: 7927.9200
- Lot Size Source: Public Records
- Lot Features: Interior Lot,Lrg. Backyard Grass
Property Information
- SQ ft (Living Area): 1,376
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Architectural Style: Craftsman
- Subdivision: Mckinney Outlots
- City: McKinney
- State: Texas
- Directions: From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( Gray, One story Duplex).
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $350,000
- List Price Tot SqFt: $254
Listing Information
- Possession: Closing/Funding,Subject to Lease
-
Taxes / Assessments
Tax Information
- Parcel Number: R092600073601
- Tax Legal Description: MCKINNEY OUTLOTS (CMC), LOT 736
- Tax Lot: 736
- Unexempt Taxes: $4,207
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage Space: 0
- Parking Features: Asphalt,Off Street,On Street,Shared Driveway,Unpaved
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Caldwell
- Middle School: Faubion
- High School: Mckinney Boyd
- School District: McKinney ISD
Utility Information
- Utilities: Asphalt,City Sewer,Individual Gas Meter
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BuyOwner last updated this listing 05/12/2025 @ 04:08
- MLS: 454125905
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 3 bedrooms which is for sale, it has 1,376 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.