McKinney, TX 75069 607 W Erwin Avenue

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Presented By: Ashton Kuehne with The Joyce Realty Group; 214-773-9412
  • MLS# 21020614
  • 08/04/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2

Home Details

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.
Presented By: Ashton Kuehne with The Joyce Realty Group; 214-773-9412

Interior Features for 607 W Erwin Avenue

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Unit Count2
Lock Box TypeCombo
FlooringCarpet, Vinyl
Interior FeaturesBuilt-in Features
Total Units2

General for 607 W Erwin Avenue

# of Buildings2
AppliancesRefrigerator
Capitalization Rate5.98
CityMcKinney
Complex Namen/a
Construction MaterialsBlock, Concrete
CoolingCentral Air, Electric
CountyCollin
DirectionsTake 75 North and take the White Ave exit. Go East then turn right onto N College St and a left on W Erwin. The homes are both on the right.
Elementary SchoolLizzie Nell Cundiff McClure
Elementary School NameLizzie Nell Cundiff McClure
Full Baths2
Gross Annual Expenses4200.00
HOA TypeNone
HeatingCentral, Electric
High SchoolMckinney
Insurance Expense3400
LevelsOne
Occupant TypeVacant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofShingle
School DistrictMcKinney ISD
Standard StatusActive
StatusActive
Subdivision NameWhites Add
Unexempt Taxes4322
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1960
Year Built DetailsPreowned

Exterior for 607 W Erwin Avenue

Building Area Total1902.00
Foundation Slab
Lot Size Acres0.1200
Lot Size Area0.1200
Lot Size Square Feet5227.2000
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesAdditional Parking
WaterfrontNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School Lizzie Nell Cundiff McClure Elementary School
High School N/A

Mec Cheney

Realtor
Price $425,000
MLS#21020614
List Date 08/04/2025
Property Type Multi-Family
Phone 903.570.7479
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Request Info
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