704 N Tennessee Street, McKinney

$350,000

3 Beds
2 Baths
1,376 Sqft
.18 Acres
0 Garages

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 on a designated weekday evening showing window each week.
For interior photos or additional information, please contact co-listing agent Jacqueline at 214-449-2255.
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. 704 A lease $1500 a month, through February 28, 2026. , 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

Essential Information
MLS® #20908767
Price$350,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,376
Acres0.18
Year Built1950
TypeResidential
Sub-TypeSingle Family Residence
StyleCraftsman
StatusActive
Community Information
Address704 N Tennessee Street
SubdivisionMckinney Outlots
CityMcKinney
CountyCollin
StateTX
Zip Code75069
Amenities
Utilities

Asphalt, City Sewer, Individual Gas Meter

Garages

Asphalt, On Street, Shared Driveway, Unpaved, Off Street

Interior
HeatingOther
Interior Features

Cable TV Available, High Speed Internet Available

Exterior
RoofComposition
ConstructionSiding
FoundationPillar/Post/Pier
Lot Description

Interior Lot, Lrg. Backyard Grass

School Information
DistrictMcKinney ISD
ElementaryCaldwell
MiddleFaubion
HighMckinney Boyd
Listing Details
AgentSusan Beers
OfficeFathom Realty

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Listing information last updated on May 7th, 2025 at 11:49am CDT.

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