About 607 W Erwin Avenue
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.
Features of 607 W Erwin Avenue
| MLS® # | 21020614 |
|---|---|
| Price | $410,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Acres | 0.12 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 607 W Erwin Avenue |
|---|---|
| Subdivision | Whites Add |
| City | McKinney |
| County | Collin |
| State | TX |
| Zip Code | 75069-2647 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Parking Spaces | 2 |
| Garages | Additional Parking |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Built-in Features |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Block, Concrete |
| Foundation | Slab |
School Information
| District | McKinney ISD |
|---|---|
| Elementary | Lizzie Nell Cundiff McClure |
| Middle | Evans |
| High | Mckinney |
Additional Information
| Flooring | Carpet, Vinyl |
|---|---|
| Net Income | $25,400 |
| Building Sqft | 1,902 |
| # Units | 2 |
Listing Details
| Agent | Ashton Kuehne |
|---|---|
| Office | The Joyce Realty Group |
| Contact Info | 214-773-9412 |