607 W Erwin Avenue new Save Request In-Person Tour Request Virtual Tour
Mckinney,TX 75069
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Whites Add
MLS Listing ID 21020614
Bedrooms 4
Full Baths 2
Year Built 1960
Annual Tax Amount $4,322
Lot Size 5,227 Sqft
Property Sub-Type Multiple Single Units
Property Description
Investor Opportunity – Two Homes on One Lot Near Historic Downtown McKinney
Location: Just 1 mile from the heart of Historic Downtown McKinney
Property Type: Two detached homes on a single lot
Use Options: Lease both homes or live in one and rent out the other
Property Highlights:
• Fully Remodeled Home
– Brand new appliances
– New Paint on the interior and exterior
– Custom cabinetry
– Massive 10-ft granite island
– Beautifully tiled bathroom
– New double-pane windows for energy efficiency
• Second Home – Recently Updated
– Move-in ready with modern upgrades
Investment Potential:
• Prior leases generated 8% ROI
• With recent upgrades and strong local market growth, new leases project 10%+ ROI
• Highly desirable location ensures consistent rental demand
• Ideal for long-term tenants, short-term rental, or owner-occupant strategy
Whether you're expanding your portfolio or looking for a great opportunity, this versatile, high-yield property offers exceptional value in one of McKinney's most sought-after areas.
Location
State TX
County Collin
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Vinyl
Exterior
Utilities Available City Sewer,City Water,Electricity Connected
Roof Type Shingle
Building
Story One
Foundation Slab
Structure Type Block,Concrete
Schools
Elementary Schools Lizzie Nell Cundiff Mcclure
Middle Schools Evans
High Schools Mckinney
School District Mckinney Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21020614