708 N TENNESSEE STREET, MCKINNEY, TX 75069
Homes for sale in Mckinney.
Homes for sale in 75069.
List Price$350,000
708 N Tennessee Street
McKinney, TX 75069
Listing #20908911
2
Bedrooms
2 full
Bathrooms
1,496
Square Feet
House
Type
About This Property
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 214-449-2255
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 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
0 x 0
Heating
Other
Full Baths
2
Cooling
Wall Unit(s)
Living Room Description
0 x 0
Floors
Laminate, Tile
Kitchen Description
0 x 0
Appliances
Electric Oven, Refrigerator
Exterior Features
Style
Craftsman
Lot Description
Back Yard, Interior Lot, Lawn
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.184
Roof
Composition
Lot Size in Sq. Ft.
8,015
Parking Description
Asphalt, On Site, Shared Driveway, On Street, Unpaved
Lot Dimensions
8, 015 SQ ft.
Garage Spaces
0
Is One Story
No
Fencing
Partial, Wood
Lot Description
Back Yard, Interior Lot, Lawn
Pool Description
None
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
4336.0
Property SubType
Single Family Residence
Community Features
Curbs
Year Built
1950
Lot Acres Source
Public Records
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Schools
Walk Score
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