708 N Tennessee Street, McKinney, Texas 75069
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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
Property Details | ||
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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 |
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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 |
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Listing Office | Fathom Realty | |
Listing Agent | Susan Beers | |
School Information |
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District | McKinney ISD | |
Elementary School | Caldwell | |
MLS Information |
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MLS Status | Active | |
Listing Last Modified | Jun 23, 2025 | |
Tax ID | R092600073401 | |
MLS # | 20908911 |
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