- 2 beds
- 2 baths
- 1,496 sqft
- 8,015 sqft lot
- $233 per sqft
- 1950 build
- – on site
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 $1300 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
Last checked:
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Last updated Jun 9, 2025
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MLS# 20908911 —
This home 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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Architectural Style:Craftsman
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Structural Style:Attached or 1/2 Duplex
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Security Features:Smoke Detector(s)
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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:Multi/Split
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Construction Materials:Siding
Interior
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Interior Features:Cable TV Available, High Speed Internet Available
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Flooring:Laminate, Tile
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# of Living Areas:2
Room Dimensions
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Living Area:1496.00
Location
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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).
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Latitude:33.20397800
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Longitude:-96.61465800
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:Yes
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Parcel Number:R092600073401
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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:8,015 SQ ft.
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Lot Size SqFt:8015.0400
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Lot Size Acres:0.1840
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Lot Size Area:0.1840
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Fencing:Partial, Wood
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Horse Permitted:No
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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:Subdivided
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:734
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Tax Legal Description:MCKINNEY OUTLOTS (CMC), LOT 734
Beds
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Bedrooms Total:2
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/20908911
Heating & Cooling
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Heating:Other
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Cooling:Wall Unit(s)
Utilities
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Utilities:City Sewer, City Water, Concrete, Curbs
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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Parking Features:Asphalt, On Site, On Street, Shared Driveway, Unpaved
Monthly cost estimate

Asking price
$350,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,874
|
Taxes | N/A |
Insurance | $96 |
Utilities | $163 See report |
Total | $2,133/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.