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
Pending
Price cut: $25K (6/6)
$350,000
708 N Tennessee St, McKinney, TX 75069
2beds
1,496sqft
Est.:
Duplex, Single Family Residence
Built in 1950
8,015.04 Square Feet Lot
$335,500 Zestimate®
$234/sqft
$-- HOA
What's special
Stainless steel dishwasherButcher block counter topsLarge partially fenced backyardEquipped with mini-split systems
- 111 days
- on Zillow |
- 20 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 09:17am
Listed by:
Susan Beers 0627321 888-455-6040,
Fathom Realty 888-455-6040,
Jacqueline Bae 0673987 214-449-2255,
Fathom Realty
Source: NTREIS,MLS#: 20908911
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Other
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Heating
- Other
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
Features
- High Speed Internet, Cable TV
- Flooring: Laminate, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,496 sqft
Video & virtual tour
Property
Parking
- Parking features: Asphalt, On Site, Shared Driveway, On Street, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Pool features: None
- Fencing: Partial,Wood
Lot
- Size: 8,015.04 Square Feet
- Dimensions: 8,015 SQ ft.
- Features: Back Yard, Interior Lot, Lawn
Details
- Parcel number: R092600073401
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: Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Curbs
- Security: Smoke Detector(s)
- Subdivision: Mckinney Outlots
HOA
- Has HOA: No
Location
- Region: Mckinney
Financial & listing details
- Price per square foot: $234/sqft
- Annual tax amount: $4,336
- Date on market: 4/18/2025
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