304 Oak Street, McKinney TX, 75069
(Active)
$410,000
|
4 beds, 2 Full baths, 1,549 sqft
|
MLS# 20570196
Last Updated: 4/28/2024 7:14 AM
Description for
304 Oak Street
McKinney, TX 75069
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.
Price
$410,000
Mckinney Outlots
Collin
4
2 Full
1,549 (approx)
20570196
Active
Description
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.
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 4 | 2 Full | |
| 0.13 Acres | 1,549 (approx) | 1960 |
| 1 | Wood | |
Mckinney Outlots
Pillar/Post/Pier
Public
Public Sewer
Cable Available
Neighborhood
School Information
| District: McKinney ISD | ||
| Minshew | Dr Jack Cockrill | Mckinney Boyd |
Room Information
| Bathrooms | |||
| 2 | |||
Interior Features
Electric Oven, Electric Range, Microwave, Refrigerator
Vinyl, Carpet
Central Air, Electric
Electric Heating,
Central
Exterior / Lot Features
2 Parking Spaces,
Covered
Wood
Composition
Driving 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.
Financial Considerations
| R0926000565D1 |
| $5,077 |
Listing Price History
McKinney Real Estate
McKinney is located in Texas. McKinney, Texas 75069 has a population of 202,420.
The median household income in McKinney, Texas 75069 is $66,394. The median household income for the surrounding county is $101,845 compared to the national median of $66,222. The median age of people living in McKinney 75069 is 37 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/28/2024 | Active | $410,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $5,317 USD | 23.68% | $284,330 USD | 7.17% |
| 2021 | $4,299 USD | 0.73% | $265,300 USD | 31.05% |
| 2020 | $4,268 USD | 28.83% | $202,441 USD | 38.10% |
| 2019 | $3,313 USD | 20.82% | $146,585 USD | - |
| 2018 | $2,742 USD | 0.07% | $146,585 USD | 30.13% |