Sold

607 W Erwin Avenue, Mckinney, TX 75069

Beds
4
Baths
2
Sqft
1,902

View property features, location on map, relevant school information and overview from seller's agent.

Listed byThe Joyce Realty Group
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,902
Lot size (acres)
0.12
Year built
1960

Utilities

Heating
Central, Electric
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$3,400

Taxes

Tax Annual Amount
$4,322

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21020614 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.