Backup offersTour
#20908911, Susan Beers, Jacqueline Bae, Listing office: Fathom Realty
$350,000 List price
706 N Tennessee St Mckinney, TX 75069
2 beds
2 full
1,344 sqft
0.2 acres
$260 / sqft
House
Property details
About 706 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: 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. 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 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. Seller is selling the property AS IS. Inquire about package deal pricing for all three duplexes. Unit 706A rent is $1400 a month and is on a month-to-month rental agreement. Unit 706B rent is $1450 and lease ands April 1, 2026. Annual Gross Income is $34,200 with Gross Expense yearly property tax of $3,905 and Annual Insurance Expense of $3,217. Annual Net Income is $27,078. Showings will be scheduled on a designated weekday EACH WEEK. Please contact co-listing agent Jacqueline at 214-449-2255.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCeiling Fan(s), Other, Wall Unit(s)
Size1,344 sqft
Lot size0.163 Acres
Year built1950
ParkingAsphalt, On Site, Off Street, Shared Driveway, Unpaved
MLS #20908866
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Oven, Refrigerator
- Basement: No
- Flooring Type: Laminate, Tile, Wood
- Interior: High Speed Internet, Cable TV
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Asphalt, On Site, Off Street, Shared Driveway, Unpaved
- Architectural Style: Craftsman
- Heating: Other
- Cooling: Ceiling Fan(s), Other, Wall Unit(s)
- List Price: $350,000
- Price/SqFt: $260
- Lot: Back Yard, Interior Lot, Lawn
- Directions: From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( Blue 1 story Duplex).
- Year Built: 1950
- Living Area: 1,344 SqFt
- Lot Size: 0.163 Acres
- MLS Number: 20908866
- 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
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Residents of Mckinney, TX typically earn less than $<35k each year. The most common type of family 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 706 N Tennessee St
The listing price of 706 N Tennessee St property is $350,000.
The property 706 N Tennessee St is a house located in Mckinney, Texas, 75069.
Accepting Backup Offers: 706 N Tennessee St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 706 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 property at 706 N Tennessee St has 2 bedrooms and 2 bathrooms.
The property 706 N Tennessee St is 1,344 SqFt (source: MLS/tax record).
The year of construction for 706 N Tennessee St is 1950.
This home is located at 706 N Tennessee St in Mckinney, TX and zip code 75069. This 1,344 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $350,000.
In June 2025, from all listings sold in Mckinney, TX there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. Between May and June 2025, Mckinney, TX real estate market has seen increase in the number of listings by 9%.
From Rocket Homes Real Estate and based on county public records data.