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304 Oak Street, McKinney, TX 75069
$410,000
304 Oak Street, McKinney, TX 75069View this property at 304 Oak Street, McKinney, TX 75069
304 Oak StreetMcKinneyTX75069
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Property 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.
Full Property Details
Full Property Details for 304 Oak St
General
- Price: $410,000
- Taxes: $5,077
- Status: Active
- Type: Duplex
- MLS ID: 20570196
- Updated: 3/28/2024
- Added to Site: 36 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring: Carpet, Luxury Vinyl Plank, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Covered
Location
- County: Collin
- Subdivision: Mckinney Outlots
- 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.
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Minshew
- Middle School: Dr Jack Cockrill
- High School: Mckinney Boyd
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Overhead Utilities, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,549
- Sq. Ft. Source: Public Records
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $5,077
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: MCKINNEY OUTLOTS (CMC), LOT 565D; & SOUTH 1/2 OF L
- Property ID: R0926000565D1
- Lot Number: 565D
Listed by The Joyce Realty Group, Ashton Kuehne
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Schools
Schools serving 304 Oak St
School District:McKinney Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
601 W Louisiana St, McKinney, TX 75069 | K-5 | 0.2 mi | |
2000 Rollins St, McKinney, TX 75069 | 6-8 | 0.7 mi | |
600 N Lake Forest Dr, McKinney, TX 75071 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 304 Oak St
Date
Details
Price
Change
Source
3/28/2024
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 304 Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,317
—
$284,330
7%
2022
$5,317
24%
$265,300
31%
2021
$4,299
1%
$202,441
6%
2020
$4,268
29%
$190,787
30%
2019
$3,313
21%
$146,585
27%
2018
$2,743
—
$115,376
2%
2017
$2,740
21%
$112,644
24%
2016
$2,263
24%
$91,143
28%
2015
$1,824
1%
$71,252
2%
2014
$1,798
2%
$69,968
3%
2013
$1,757
—
$68,183
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 304 Oak St
304 Oak Street, McKinney, TX 75069 (MLS# 20570196) is a Duplex property with 4 bedrooms and 2 full bathrooms. 304 Oak Street is currently listed for $410,000 and was received on March 28, 2024. Want to learn more about 304 Oak Street? Do you have questions about finding other Duplex real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.