Discover a prime duplex investment that is walking distance from downtown McKinney at 304 Oak Street in McKinney, TX. Offering a solid 6% NOI with both units renting below market value. The North unit secures $1,200 a month until December 31, 2024, while the South unit, updated in 2020, commands $1,500 a month until February 28, 2025. Upgrades include a new kitchen, new bathroom, repaint, windows, and flooring, enhancing appeal and value. Ideal for investors seeking steady income and growth potential in a vibrant location. Don't miss this turnkey asset in a sought-after area.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 1
Listing Office:
Office Name: The Joyce Realty Group
Office Phone: (214) 773-9412
Listing Agent: Ashton Kuehne
Interior Features
Interior Information:
Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
Last updated on: 6/2/2024, 7:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 29, 2003
Dec 29, 2003Home Sold
$19,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,268
$202,441
2020
$4,268
$190,787
2019
$2,742
$146,585
2018
$2,743
$115,376
2017
$2,740
$112,644
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Caldwell Elementary School
601 W Louisiana St
Distance between this listing and this school0.24 miles
Public District Grades KG-5
Middle School
6
/10
Faubion Middle School
2000 Rollins St
Distance between this listing and this school0.70 miles
Public District Grades 6-8
High School
5
/10
McKinney Boyd High School
600 N Lake Forest Dr
Distance between this listing and this school3.21 miles
Public District Grades 9-12
Assigned Schools
4
/10
Caldwell Elementary School
601 W Louisiana St
Distance between this listing and this school0.24 miles
Public District Grades KG-5
Nearby Schools
4
/10
Burks Elementary School
1801 Hill St
Distance between this listing and this school0.41 miles
Public District Grades KG-5
3
/10
Webb Elementary School
810 E Louisiana St
Distance between this listing and this school0.93 miles
Public District Grades KG-5
Assigned Schools
6
/10
Faubion Middle School
2000 Rollins St
Distance between this listing and this school0.70 miles
Public District Grades 6-8
Nearby Schools
5
/10
Scott Morgan Johnson Middle School
3400 Community Blvd
Distance between this listing and this school2.27 miles
Public District Grades 6-8
7
/10
Dr Jack Cockrill Middle School
1351 Hardin Rd
Distance between this listing and this school2.65 miles
Public District Grades 6-8
Assigned Schools
5
/10
McKinney Boyd High School
600 N Lake Forest Dr
Distance between this listing and this school3.21 miles
Public District Grades 9-12
Nearby Schools
5
/10
McKinney High School
1400 Wilson Creek Pkwy
Distance between this listing and this school0.96 miles
Public District Grades 9-12
9
/10
Imagine International Academy of North Texas
2860 Virginia Pkwy
Distance between this listing and this school1.96 miles
The neighbors living near this home have an average income of $73,125. Residents of McKinney, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 304 Oak St in Mckinney, TX and zip code 75069 in the Historic McKinney neighborhood. This home, which was built in 1960, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $399,000.
Between April 2024 and May 2024, McKinney, TX real estate market has seen increase in the number of listings by 15.9%. Listings spent 51 days on the market in May 2024, and had a median list price of $542,560 during the same period.
From Rocket Homes Real Estate and based on county public records data.