708 N Tennessee Street, McKinney, TX 75069
Local realty services provided by:ERA Myers & Myers Realty



Listed by:susan beers888-455-6040
Office:fathom realty
MLS#:20905502
Source:GDAR
Price summary
- Price:$350,000
- Price per sq. ft.:$233.96
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 (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 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 $1300 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 214-449-2255
Contact an agent
Home facts
- Year built:1950
- Listing Id #:20905502
- 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:1,496 sq. ft.
Heating and cooling
- Cooling:Wall Units
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:1,496 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.:$233.96
- Tax amount:$4,336
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