607 ERWIN Ave

McKinney, TX 75069
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4 Bedroom(s)
2 Full Bath(s)
1,902 Sqft. ($208/Sqft.)
0.12 Lot Acres
Residential - Single Family

Audio narrative

Description

2 HOMES FOR THE PRICE OF 1! BOTH 100% LEASED UNTIL THE END OF THE YEAR! Both 607 W Erwin Avenue and 1212 College Street located near downtown McKinney, Texas. This offering encompasses two leased units on a single lot, presenting a rare chance to acquire two properties for the price of one. Currently generating a NOI of 6.43% with both rents currently below market value. In 2020, both units received new roofs and new paint. 1212 College Street: This unit is currently under lease for $1,200 a month until February 28, 2025. It boasts a comfortable living space that accommodates tenants with ease and convenience. 607 W Erwin Avenue: Extensively updated in 2020, this unit shines with a brand-new kitchen, a new bathroom, a fresh coat of paint, new windows, and updated flooring throughout. Currently leased for $1,550 a month until December 31, 2024, it offers a modern and inviting living environment.

MLS#
NTREIS-20627029
List Price
$395,000 ($208/Sqft.)
Listing Status
For Sale
Address
607 ERWIN Ave
City
State
TX
Zip Code
County
Subdivision
Whites Add
Legal Description
WHITES ADDITION (CMC), BLK 13, LOT 34B
Property Type
Residential - Single Family
Bedroom
4 Bedroom(s)
Bath
2 Full Bath(s)
Stories
1
Building Size
1,902 Sqft/Appraisal District
Year Built
1960 /Appraisal District
Lot Size
0.12 Lot Acres/Appraisal District

Interior

Number Of Living Area
2
Floors
Carpet, Vinyl
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Refrigerator
Interior
Built-in Features

Exterior

Roof
Shingle
Foundation
Slab
Private Pool
No
Exterior Type
Block, Concrete
Parking
Additional Parking
Utility
City Sewer, City Water, Electricity Connected

Lot information

Lot Size
0.12 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Single Detached

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 02, 2024 at 03:18 PM
Listing last updated May 30, 2024 at 10:02 AM
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607 ERWIN Ave, McKinney, TX 75069. View photos, map, tax, nearby homes for sale, home values, school info...

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