$220,000
SOLD OCT 12, 2018
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

Recently Sold

$164 Per Sq Ft

406 Days on Market

Highlights

  • Wood Flooring
  • Oversized Parking
  • Tandem Parking
  • Faubion Middle School Rated A-
  • Interior Lot
  • Energy-Efficient Appliances

About This Home

As of October 2018

Historic Downtown McKinney area! Less than .5 mile from the lovely square shops, restaurants and entertainment district. Excellent opportunity area for development with business neighborhood (BN) zoning. Three existing duplexes with 165 ft. of street frontage. Owner is selling 3-duplex units (704, 706 and 708 N Tennessee) as a package for $525,000. However, value is in the future development of this hot location. Lots of growth and construction in the area with retail-residential mix.

Last Agent to Sell the Property

Terry Beck

Crumpler Group License #0667178 Listed on: 07/11/2017

Last Buyer's Agent

Darlene Owen

United Real Estate DFW License #0642501

Property Details

Home Type

  • Multi-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
  • Large Grassy Backyard

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Oversized Parking
  • Common or Shared Parking
  • Front Facing Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Tandem Parking
  • On-Street Parking
  • Open Parking
  • Unassigned Parking

Schools

  • Caldwell Elementary School
  • Faubion Middle School
  • Mckinney Boyd High School

Utilities

  • Window Unit Cooling System
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Outdoor Storage

Listing and Financial Details

  • Tax Lot 735
  • Assessor Parcel Number R092600073501
  • $2,119 per year unexempt tax

Community Details

Overview

  • 1,344 Sq Ft Building
  • Mckinney Outlots Subdivision

Security

  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,905

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 14622
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 130.20833
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Square Footage: 1344.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Vinyl, Wood
  • Appliances: Electric Range, Other

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Community Features: Perimeter Fencing
  • Fencing: Metal, Partial
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Storage

Garage/Parking

  • Cooling System: Ceiling Fan(s), Other, Window Unit(s)
  • Number Of Parking Spaces: 2
  • Parking Features: Common, Garage Faces Front, Garage Faces Rear, Garage Faces Side, On Street, Open, Oversized, Tandem, Unassigned, Other
  • Parking Spaces: 1
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Heating: Other
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: McKinney ISD
  • Elementary School: Caldwell
  • Middle School: Faubion
  • High School: Mckinney Boyd
  • School District: McKinney ISD
  • Elementary School: Caldwell
  • High School: Mckinney Boyd

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1630
  • Parcel Number: R092600073501
  • Lot Size Acres: 0.1630
  • Lot Size Sq Ft: 7100.2800

Green Features

  • Efficiency: Appliances

Building Info

  • Year Built: 1950
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 2293.00
  • Gross Annual Income: 18000.00
  • Insurance Expense: 1085
  • Tenancy: Month to Month
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2119
  • Tax Lot: 735

MLS Schools

  • MiddleOrJuniorSchool: Faubion
  • Middle School Name: Faubion
  • Elementary School Name: Caldwell
  • High School Name: Mckinney Boyd

Ownership History

Date Name Owned For Owner Type

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
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
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
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
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

Source: Public Records

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
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

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13645727

North Texas Real Estate Information Systems (NTREIS)

APN: R-0926-000-7350-1