Seller's Agent in 2025
Susan Beers
Fathom Realty
(214) 236-2231
6 in this area
107 Total Sales
Last list price
706 N Tennessee St Unit 706 McKinney, TX 75069
East McKinney Neighborhood
2
Beds
2
Baths
1,344
Sq Ft
7,100
Sq Ft Lot
Highlights
- Craftsman Architecture
- Wood Flooring
- Interior Lot
- Faubion Middle School Rated A-
- Lawn
- Ceiling Fan
About This Home
As of August 2025Investment 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.
Last Agent to Sell the Property
Fathom Realty Brokerage Phone: 888-455-6040 License #0627321 Listed on: 04/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,905
Year Built
- Built in 1950
Lot Details
- 7,100 Sq Ft Lot
- Partially Fenced Property
- Aluminum or Metal Fence
- Interior Lot
- Lawn
- Back Yard
Home Design
- Craftsman Architecture
- Split Level Home
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,344 Sq Ft Home
- Ceiling Fan
- Fire and Smoke Detector
- Electric Oven
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Shared Driveway
- Unpaved Parking
- On-Site Parking
- Off-Street Parking
Schools
- Caldwell Elementary School
- Mckinney Boyd High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- High Speed Internet
- Cable TV Available
Community Details
- Mckinney Outlots Subdivision
Listing and Financial Details
- Tax Lot 735
- Assessor Parcel Number R092600073501
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Aug 8, 2025
Sold by
North Tennessee Properties Llc
Bought by
King Thomas Alexander and King Nunu Nge
Seller's Agent
Susan Beers
Fathom Realty
Buyer's Agent
Nunu King
Berkshire HathawayHS PenFed TX
List Price
$350,000
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.41%
Original Mortgage
$237,750
Outstanding Balance
$237,750
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$122,925
Purchase Details
Closed on
Apr 28, 2025
Sold by
Dia Magda and Tolan Thomas Terry
Bought by
North Tennessee Properties Llc
Purchase Details
Closed on
Jan 14, 2019
Sold by
Tolan Thomas Terry and Dia Magda
Bought by
North Tennessee Properties Llc
Purchase Details
Closed on
May 25, 2007
Sold by
Amaral Glenn A
Bought by
Bautista Elizbeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2006
Sold by
Carriger Richard W and Carriger Judy
Bought by
Amaral Glenn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Hftc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,750 | New Conventional | |
| Previous Owner | $122,500 | New Conventional | |
| Previous Owner | $116,100 | Purchase Money Mortgage | |
| Previous Owner | $78,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | -- | -- | -- |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $350,000 | +59.1% | $260 / Sq Ft |
| 10/12/2018 10/12/18 | Sold | -- | -- | -- |
| 08/21/2018 08/21/18 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $220,000 | -- | $164 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,905 | $220,462 | $128,000 | $92,462 |
| 2023 | $3,905 | $211,423 | $128,000 | $83,423 |
| 2022 | $3,419 | $170,612 | $112,000 | $58,612 |
| 2021 | $2,633 | $123,990 | $72,000 | $51,990 |
| 2020 | $2,663 | $117,813 | $68,000 | $49,813 |
| 2019 | $3,540 | $148,896 | $50,400 | $98,496 |
| 2018 | $2,358 | $96,943 | $46,800 | $50,143 |
| 2017 | $2,293 | $94,290 | $43,200 | $51,090 |
| 2016 | $2,119 | $85,372 | $36,000 | $49,372 |
| 2015 | $1,626 | $62,018 | $25,200 | $36,818 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Beers
-
Jacqueline Bae
J
Seller Co-Listing Agent in 2025
Jacqueline Bae
Fathom Realty
(214) 449-2255
4 in this area
58 Total Sales
-
Nunu King
Buyer's Agent in 2025
Nunu King
Berkshire HathawayHS PenFed TX
(469) 767-1262
3 in this area
38 Total Sales
-
Terry Beck
T
Seller's Agent in 2018
Terry Beck
Crumpler Group
(817) 229-5054
7 Total Sales
-
D
Buyer's Agent in 2018
Darlene Owen
United Real Estate DFW
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20908866
APN: R-0926-000-7350-1
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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