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#20928542, Kelly Davis, Listing office: RE/MAX Dallas Suburbs
Property details
About 708 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 (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 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 $1300 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
Highlights
Home typeDuplex
HeatingOther
StatusSale Pending
(Pending)
(Pending)
CoolingWall Unit(s)
Lot size0.184 Acres
Year built1950
ParkingAsphalt, On Site, Shared Driveway, On Street, Unpaved
MLS #20905502
Summary
- Full Bathrooms: 2
- Appliances: Electric Oven, Refrigerator
- Basement: No
- Flooring Type: Laminate, Tile
- Interior: High Speed Internet, Cable TV
- Total Bedroom Count: 2
- Parking: Asphalt, On Site, Shared Driveway, On Street, Unpaved
- Heating: Other
- Cooling: 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 ( YELLOW 1 story Duplex).
- Year Built: 1950
- Lot Size: 0.184 Acres
- MLS Number: 20905502
- 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
0.7 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. Most Mckinney, TX residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living 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 708 N Tennessee St
The listing price of 708 N Tennessee St property is $350,000.
The property 708 N Tennessee St is a multi located in Mckinney, Texas, 75069.
Sale Pending: 708 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 708 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 708 N Tennessee St is 1950.
This home is located at 708 N Tennessee St in Mckinney, TX and zip code 75069. 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 more than 0 listings in Mckinney, TX were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. In June 2025 in Mckinney, TX there were 9% more homes for sale than in May.
From Rocket Homes Real Estate and based on county public records data.