704 N Tennessee Street
McKinney, TX 75069
- 3 beds
- 2 baths
- 1,376 sqft
- 7,927 sqft lot
- $254 per sqft
- 1950 build
- – on site
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: 2 bedrooms, 1 bathroom (768 Sq. FT ) &  Unit B: 1 bedroom, 1 bathroom ( 608 Sq. FT) Lot size 7,927 Sq ft. Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex shares a large partially fenced backyard. Unit A. updated kitchen butcher board countertops, white Samsung dishwasher, and updated sink faucet, tile floors and wood flooring in living, and the two bedrooms. 704 B. not updated, tenant has been there for 10 years. The seller is offering this duplex and two others duplexes- 706, 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. Showings will be scheduled one designated weekday evening showing window each week..Contact Jacqueline to schedule This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area. FULLY RENTED DUPLEX!!! Inquire about package deal pricing for all three duplexes. Seller is selling the property AS IS. UNIT 704 A lease $1500 a month, through February 28, 2026 UNIT 704B $1090 a month, month to month Annual Gross Income $31,080 with Gross Expense yearly property tax of $4,207, and Annual Insurance Expense is $3,200. Annual Net Income is $23,673. Please contact co-listing agent Jacqueline at 214-449-2255
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Last updated Apr 26, 2025
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MLS# 20905197 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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Year Built Details:Preowned
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Patio And Porch Features:Covered
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Pillar/Post/Pier
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Levels:One
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Construction Materials:Siding
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Building Area Total:1376.00
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Building Area Source:Assessor
Interior
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Interior Features:Cable TV Available, High Speed Internet Available
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Flooring:Tile, Wood
Location
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Directions:From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( Gray, One story Duplex).
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Latitude:33.20369900
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Longitude:-96.61466500
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:R092600073601
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Lot Features:Interior Lot, Lrg. Backyard Grass
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size Dimensions:7,927 sQ FT
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Lot Size SqFt:7927.9200
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Lot Size Acres:0.1820
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Lot Size Area:0.1820
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Fencing:Back Yard, Partial
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Horse Permitted:No
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# of Buildings:1
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Waterfront:No
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Dock Permitted:No
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Lake Pump:No
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Will Subdivide:Yes
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:736
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Tax Legal Description:MCKINNEY OUTLOTS (CMC), LOT 736
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20905197
Heating & Cooling
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Heating:Other
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Cooling:Ceiling Fan(s), Wall Unit(s)
Utilities
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Utilities:Asphalt, City Sewer, Individual Gas Meter
Appliances
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Appliances:Electric Oven, Refrigerator
Schools
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School District:McKinney ISD
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Elementary School:Caldwell
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Elementary School Name:Caldwell
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Middle School Name:Faubion
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High School Name:Mckinney Boyd
The Community
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Subdivision Name:Mckinney Outlots
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Senior Community:No
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Pool:No
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Association Type:None
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Complex Name:-
Parking
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Garage:No
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Attached Garage:No
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# of Parking Spaces:2
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Parking Features:Asphalt, Off Street, On Street, Shared Driveway, Unpaved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).