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708 N Tennessee Street, McKinney, Texas 75069


2 Beds

2 Baths

1496 SqFt

Active

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

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Property Details
Price $350,000
Bedrooms 2
Full Baths 2
Total Baths 2
Property Style Craftsman
Lot Size 8,015 SQ ft.
Lot Size Area 0.184
Lot Size Area Units Acres
Acres 0.184
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Cable TV Available,High Speed Internet Available
Year Built 1950
Subdivision Mckinney Outlots
Roof Composition
Heating Other
Foundation Pillar/Post/Pier
Lot Description Interior Lot,Lrg. Backyard Grass
Parking Description Asphalt,On Site,On Street,Shared Driveway,Unpaved
Geographic Data
Directions From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( YELLOW 1 story Duplex).
County Collin
Latitude 33.203978
Longitude -96.614658
Address Information
Address 708 N Tennessee Street, McKinney, Texas 75069
Postal Code 75069
City McKinney
State Texas
Country United States
Listing Information
Listing Office Fathom Realty
Listing Agent Susan Beers
School Information
District McKinney ISD
Elementary School Caldwell
MLS Information
MLS Status Active
Listing Last Modified Jun 23, 2025
Tax ID R092600073401
MLS # 20908911

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