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: 1 bedroom, 1 bathroom & Unit B: 1 bedroom, 1 bathroom. (Unit A. is 672 SQ. ft), (Unit B. is 672 sq. ft) Lot size is 7,100 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 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.
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. Inquire about package deal pricing for all three duplexes.
Unit 706A rent is $1400 a month and is on a month-to-month rental agreement. Unit 706B rent is $1450 and lease ands April 1, 2026.
Annual Gross Income is $34,200 with Gross Expense yearly property tax of $3,905 and Annual Insurance Expense of $3,217. Annual Net Income is $27,078.
Showings will be scheduled on a designated weekday EACH WEEK. Please contact co-listing agent Jacqueline at 214-449-2255.
Sold
Price Unknown
706 N Tennessee St, McKinney, TX 75069
2beds
1,344sqft
Duplex, Single Family Residence
Built in 1950
7,100 Square Feet Lot
$311,800 Zestimate®
$--/sqft
$2,002 Estimated rent
Home value
$311,800
$293,000 - $331,000
$2,002/mo
Zestimate® history
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List your homeWhat's special
Large partially fenced backyardEquipped with mini-split systems
Zillow last checked:
Listing updated:
Listed by:
Susan Beers 0627321 888-455-6040,
Fathom Realty 888-455-6040,
Jacqueline Bae 0673987 214-449-2255,
Fathom Realty
Bought with:
Nunu King
Berkshire HathawayHS PenFed TX
Source: NTREIS,MLS#: 20908866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 13 x 15
Primary bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 15
Other
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features, Solid Surface Counters
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Galley Kitchen, Granite Counters
- Level: First
- Dimensions: 13 x 8
Kitchen
- Features: Built-in Features, Galley Kitchen, Solid Surface Counters
- Level: First
- Dimensions: 13 x 8
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 13 x 11
Heating
- Other
Cooling
- Ceiling Fan(s), Other, Wall Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
Features
- High Speed Internet, Cable TV
- Flooring: Laminate, Tile, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,344 sqft
Property
Parking
- Parking features: Asphalt, On Site, Off Street, Shared Driveway, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Pool features: None
- Fencing: Metal,Partial
Lot
- Size: 7,100 Square Feet
- Dimensions: 7,100.28 Sq. FT
- Features: Back Yard, Interior Lot, Lawn
Details
- Parcel number: R092600073501
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Duplex, Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Mckinney Outlots
HOA
- Has HOA: No
Location
- Region: Mckinney
Financial & listing details
- Annual tax amount: $3,905
- Date on market: 4/18/2025
- Cumulative days on market: 75 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | -- |
Source: NTREIS #20908866 Report a problem | ||
| 7/22/2025 | Pending sale | $350,000$260/sqft |
Source: NTREIS #20908866 Report a problem | ||
| 7/7/2025 | Contingent | $350,000$260/sqft |
Source: NTREIS #20905470 Report a problem | ||
| 4/16/2025 | Listed for sale | $350,000+100%$260/sqft |
Source: NTREIS #20905470 Report a problem | ||
| 9/9/2018 | Listing removed | $175,000$130/sqft |
Source: Investable Realty #13645727 Report a problem | ||
| 9/1/2018 | Pending sale | $175,000$130/sqft |
Source: Investable Realty #13645727 Report a problem | ||
| 3/23/2018 | Price change | $175,000+3.7%$130/sqft |
Source: Investable Realty #13645727 Report a problem | ||
| 10/4/2017 | Price change | $168,750-23.3%$126/sqft |
Source: Investable Realty #13645727 Report a problem | ||
| 7/11/2017 | Listed for sale | $220,000$164/sqft |
Source: Investable Realty #13645727 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 75069
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Nearby schools
GreatSchools rating
- 5/10Caldwell Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10Faubion Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Mckinney Boyd High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Caldwell
- Middle: Faubion
- High: Mckinney Boyd
- District: McKinney ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$311,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$311,800
- Texas
- Collin County
- McKinney
- 75069
- 706 N Tennessee St
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