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Off Market

706 N Tennessee St

McKinney TX 75069

2
2
1344 sq. ft.
7100.28 sq. ft.
Single-Family
Susan K. BeersSusan K. Beers, last sold this property on 08 August 2025 after 114 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1344 sq. ft. floor area
7100.28 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in McKinney over the last 12 months, the estimated median property value of 706 N Tennessee St is $449.9k.

Median value
$449.9k
Estimated value range
$320k - $620k
Median days on market
42
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in McKinney. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 706 N Tennessee St

2025
Sold
Undisclosed
08 Aug 2025 by Susan K. Beers, of Fathom Realty

Happy sellers in McKinney

94%
94% of sellers in McKinney reported that their sale price either exceeded or met their price expectations.

McKinney stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in McKinney over the last 12 months.

Local market activity for 2 bedroom single-family properties in McKinney

In the last 12 months, 75 two-bedroom single-family properties similar to 706 N Tennessee St, have been sold.

This represents a 26% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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Susie Cequina

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JENNIFER DANIEL MILLIGAN

Sellers who recommend JENNIFER DANIEL MILLIGAN have praised them for being local expert, clear communication, reliable, supportive, responsive, great team, and well-prepared

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