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708 N Tennessee Street, McKinney, TX 75069
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$350,000
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Home Details for 708 N Tennessee Street
Price
$350,000
Type
Single Family
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Year Build
1950
Sq. Ft.
1496
Lot Size
0.184
County
Collin
Total Rooms
8
Tax
$4,336
MLS®️ Listing#
20908911
On exitrealty.com
136 days
Property Description
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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- Parking
- Asphalt
- On Site
- On Street
- Shared Driveway
- Unpaved
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- High Speed Internet
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- Cable Available
School Information
School Information for 708 N Tennessee Street
Elementary School
Caldwell
Middle School
Faubion
High School
Mckinney Boyd
Listing Courtesy: Fathom Realty - 888-455-6040. Presented by: Susan Beers

Last Updated: 2025-07-22 10:46:00
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