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304 Oak St, Mckinney, TX, 75069

$410,000

Home List Price

$4,869*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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304 Oak St, McKinney$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCovered
Year Built1960
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20570196
Lot Size0.13 Acres
StatusActive

About 304 Oak St

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
  • Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
  • Interior: Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Covered

Virtual/3D Tour

  • Virtual Tour: 304 Oak St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • McKinney Boyd High School, Public District Grades 9-12
  • Faubion Middle School, Public District Grades 6-8
  • Caldwell Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take 75 to W. Louisiana Street and go East about 1 mile. Take a left on Oak Street. Go about 4 blocks and duplex is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $410,000

Tax Information:

  • Annual Amount: $4,268
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in McKinney, TX.

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McKinney, TX

City

Med. List Price

$537.1K

Med. Price/SqFt

$226

Avg. Days On Market

54

# of Sold Homes

207

304 Oak St vs McKinney

31 DAYS ON ROCKET

-23 Days

$410,000

-$127.1K Less

KEY TAKEAWAY

This property is $127.1K less than the Median List Price in McKinney, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20570196

Listing Office:

  • Office Name: The Joyce Realty Group
  • Office Phone: (214) 773-9412
  • Listing Agent: Ashton Kuehne

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 6:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 2003Home Sold
$19,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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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

school-card-donut-2498430
3
/10

  • Caldwell Elementary School

  • 601 W Louisiana St

  • 0.24 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2498431
7
/10

  • Faubion Middle School

  • 2000 Rollins St

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-2498432
6
/10

  • McKinney Boyd High School

  • 600 N Lake Forest Dr

  • 3.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,125. Typical income of McKinney, TX residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Collin County›McKinney›75069›304 Oak St

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 $410,000.

The inventory of homes for sale in McKinney, TX between February 2024 and March 2024 increased by 17.2%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $537,176.

From Rocket Homes Real Estate and based on county public records data.

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