706 N Tennessee St Unit 706 McKinney, TX 75069
Estimated payment $2,279/month
Total Views
1,870
2
Beds
2
Baths
1,344
Sq Ft
$260
Price per Sq Ft
Highlights
- Craftsman Architecture
- Wood Flooring
- Ceiling Fan
- Faubion Middle School Rated A-
- Interior Lot
- High Speed Internet
About This Home
Investment Opportunity in Historic Downtown McKinneyLocated 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. ftEach 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.Showings will begin the day of the open house, with an additional designated weekday evening showing window each week.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.Seller is selling the property AS IS. FULLY RENTED DUPLEX with tenants!!! Inquire about package deal pricing for all three duplexes. Seller is gathering Gross Expenses and Insurance numbers and will have that data within the next few days. Unit 706A rent is $1400 a month and is on a month-to-month rental agreement, open to a year lease. Unit 706B rent is $1450 and lease ands April 1, 2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,905
Year Built
- Built in 1950
Lot Details
- 7,100 Sq Ft Lot
- Partially Fenced Property
- Aluminum or Metal Fence
- Interior Lot
- Large Grassy Backyard
Home Design
- Craftsman Architecture
- Split Level Home
- Pillar, Post or Pier Foundation
- Composition Roof
- Siding
Interior Spaces
- 1,344 Sq Ft Home
- Ceiling Fan
- Fire and Smoke Detector
- Electric Oven
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Shared Driveway
- Unpaved Parking
- On-Site Parking
- Off-Street Parking
Schools
- Caldwell Elementary School
- Faubion Middle School
- Mckinney Boyd High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Individual Gas Meter
- High Speed Internet
- Cable TV Available
Community Details
- Mckinney Outlots Subdivision
Listing and Financial Details
- Tax Lot 735
- Assessor Parcel Number R092600073501
- $3,905 per year unexempt tax
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,905 | $211,423 | $128,000 | $83,423 |
| 2022 | $3,419 | $170,612 | $112,000 | $58,612 |
| 2021 | $2,633 | $123,990 | $72,000 | $51,990 |
| 2020 | $2,663 | $117,813 | $68,000 | $49,813 |
| 2019 | $3,540 | $148,896 | $50,400 | $98,496 |
| 2018 | $2,358 | $96,943 | $46,800 | $50,143 |
| 2017 | $2,293 | $94,290 | $43,200 | $51,090 |
| 2016 | $2,119 | $85,372 | $36,000 | $49,372 |
| 2015 | $1,626 | $62,018 | $25,200 | $36,818 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $350,000 | 0.0% | $260 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $350,000 | +59.1% | -- |
| 10/12/2018 10/12/18 | Sold | -- | -- | -- |
| 08/21/2018 08/21/18 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $220,000 | -- | $164 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Hftc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $122,500 | New Conventional | |
| Closed | $122,500 | New Conventional | |
| Closed | $116,100 | Purchase Money Mortgage | |
| Previous Owner | $78,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20908866
APN: R-0926-000-7350-1
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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