706 N TENNESSEE STREET, MCKINNEY, TX 75069

Homes for sale in Mckinney.

Homes for sale in 75069.


Sold 8/8/25

List Price$350,000

706 N Tennessee Street

McKinney, TX 75069

Listing Image Listing Image

Listing #20908866

2

Bedrooms

2 full

Bathrooms

1,344

Square Feet

House

Type

About This Property

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.

Property Features

Location Information

County

Collin

Subdivision

Mckinney Outlots

Interior Features

Rooms

First Floor Full Bath, First Floor Full Bath, First Floor Kitchen, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom, First Floor Primary Bedroom

Has Fireplace

No

Interior

High Speed Internet, Cable TV

Number of Fireplaces

0

Master Bedroom Description

13 x 15

Heating

Other

Full Baths

2

Cooling

Ceiling Fan(s), Other, Wall Unit(s)

Living Room Description

13 x 11

Floors

Laminate, Tile, Wood

Kitchen Description

13 x 8

Appliances

Electric Oven, Refrigerator

Exterior Features

Style

Craftsman

Lot Description

Back Yard, Interior Lot, Lawn

Foundation

Pillar/Post/Pier

Lot Size in Acres

0.163

Roof

Composition

Lot Size in Sq. Ft.

7,100

Parking Description

Asphalt, On Site, Off Street, Shared Driveway, Unpaved

Lot Dimensions

7, 100.28 Sq. FT

Garage Spaces

0

Road Description

Asphalt

Fencing

Metal, Partial

Is One Story

No

Pool Description

None

Lot Description

Back Yard, Interior Lot, Lawn

School

Elementary School District

McKinney ISD

Jr. High School

Faubion

Elementary School

Caldwell

High School

Mckinney Boyd

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

SFR

Has a Home Owners Association

No

Property SubType 2

Duplex

Tax Annual Amount

3905.0

Property SubType

Single Family Residence

Lot Acres Source

Assessor

Year Built

1950

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