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#20928542, Kelly Davis, Listing office: RE/MAX Dallas Suburbs
Property details
About 704 N Tennessee St
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. This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area. Inquire about package deal pricing for all three duplexes. Seller is selling the property AS IS. UNIT 704 A lease $1650 a month, with lease through May 31, 2026. UNIT 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. Showings will be scheduled on a designated weekday EACH WEEK. Please contact co-listing agent Jacqueline at 214-449-2255
Highlights
Home typeDuplex
HeatingOther
StatusSale Pending
(Pending)
(Pending)
CoolingCeiling Fan(s), Wall Unit(s)
Lot size0.182 Acres
Year built1950
ParkingAsphalt, Off Street, Shared Driveway, On Street, Unpaved
MLS #20905197
Summary
- Full Bathrooms: 2
- Appliances: Electric Oven, Refrigerator
- Basement: No
- Flooring Type: Tile, Wood
- Interior: High Speed Internet, Cable TV
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Asphalt, Off Street, Shared Driveway, On Street, Unpaved
- Heating: Other
- Cooling: Ceiling Fan(s), Wall Unit(s)
- List Price: $350,000
- Lot: Back Yard, Interior Lot, Lawn
- Directions: From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( Gray, One story Duplex).
- Year Built: 1950
- Lot Size: 0.182 Acres
- MLS Number: 20905197
- MLS Name: NTR
- Office Name: Fathom Realty
- Office Phone: (888) 455-6040
- Listing Agent: Susan Beers, Jacqueline Bae
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Price information
Property sales
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Tax history
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Nearby schools
4
Caldwell Elementary School
Public District KG-5
0.6 mi
•601 W Louisiana St
2
J.W. Webb Elementary School
Public District KG-5
0.7 mi
•810 E Louisiana St
4
Burks Elementary School
Public District KG-5
0.9 mi
•1801 Hill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,500. The majority of Mckinney, TX residents have income less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
34%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
29%
Single, with Kids
9%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Horse Races
Where do the neighbors shop?
Burlington
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Popeyes
Burger King
LongHorn Steakhouse
What do the neighbors drive?
Dodge
Buick
Acura
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 704 N Tennessee St
The listing price of 704 N Tennessee St property is $350,000.
The property 704 N Tennessee St is a multi located in Mckinney, Texas, 75069.
Sale Pending: 704 N Tennessee St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 704 N Tennessee St are: Caldwell Elementary School (GreatSchools Rating 4/10), J.W. Webb Elementary School (GreatSchools Rating 2/10), Burks Elementary School (GreatSchools Rating 4/10), Faubion Middle School (GreatSchools Rating 7/10), Scott Johnson Middle School (GreatSchools Rating 6/10), Cockrill Middle School (GreatSchools Rating 8/10), McKinney High School (GreatSchools Rating 6/10), Imagine International Academy of North Texas (GreatSchools Rating 9/10), McKinney North High School (GreatSchools Rating 8/10).
The year of construction for 704 N Tennessee St is 1950.
This home is located at 704 N Tennessee St in Mckinney, TX and zip code 75069. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $350,000.
While more than 0 listings in Mckinney, TX in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Mckinney, TX between May and June 2025 increased by 9%.
From Rocket Homes Real Estate and based on county public records data.