Listing: #20908911
708 Tennessee Street
McKinney, TX 75069
Beds
3Baths
2Sqft
1,496Garage
0$375,000
Status
0
Year Built
1950
Property Type
Single Family Residence
About this Property
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
Property Details
Location Information
| Address | 708 Tennessee Street McKinney, TX 75069 |
MLS | 20908911 |
|---|
Interior Features
| Bedrooms | 3 | Bathrooms | 2 |
|---|---|---|---|
| Square Footage | 1,496 | Garage Spaces | 0 |
| Stories | 0 | Acres | 0 |
Schools & Community
| County | - | Subdivision | - |
|---|---|---|---|
| School District | McKinney ISD | Driving Directions |


(214) 876-4066
1765 Cresthill Drive | Rockwall, Texas 75087