206 & 208 North Graves Street

McKinney, TX 75069

$498,000
Price
4
Beds
3
Baths
2,116 Sq. Ft.
$235 / Sq. Ft.
2,116
Sq. Ft.
$235
per Sq. Ft.

Description

Charming FULL Duplex! Roof & Gutters 2020. ALL NEW PVC PLUMBING for entire Duplex, including sewer line to city 2024. Each unit is currently leased, providing immediate rental cashflow. 206 Graves features 2 Bedrooms, 1 Bath and 896 SF. Completely updated 2020 with new paint, new Kitchen cabinets with breakfast bar open to Living Room, quartz counters and appliances. LVP floors throughout. Totally updated Bathroom. 208 Graves features 2 Bedrooms, 2 Baths and 1,220 SF. Living room with Fireplace and...Charming FULL Duplex! Roof & Gutters 2020. ALL NEW PVC PLUMBING for entire Duplex, including sewer line to city 2024. Each unit is currently leased, providing immediate rental cashflow. 206 Graves features 2 Bedrooms, 1 Bath and 896 SF. Completely updated 2020 with new paint, new Kitchen cabinets with breakfast bar open to Living Room, quartz counters and appliances. LVP floors throughout. Totally updated Bathroom. 208 Graves features 2 Bedrooms, 2 Baths and 1,220 SF. Living room with Fireplace and lovely Laminate floors throughout. Huge Primary Bedroom with 2 WIC and Ensuite Bath. Water heater 2021. Conveniently located east of HWY 75, near Virginia, nestled among neighboring single-family homes, close to all restaurants, Towne Lake, parks, and just a few minutes from Historic Downtown McKinney Square. Great opportunity to own a great income producing property in McKinney!

Listing Agent

  1. Sue Stuller

    Sue Stuller

    Listing Agent

    Compass

    TREC #0664729

Property Details for 206 & 208 North Graves Street

Subdivision Name
Waddill Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
2

Location

Add your commute
LISTING UPDATED: 05/10/2024 02:10 AM

Property Details for 206 & 208 North Graves Street

StatusActive
MLS #20581612
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1973
Lot Size0.22 AC / 9,583 SF
CountyCollin County

Location

Add your commute

Building Information for 206 & 208 North Graves Street

Stories1Residences2Year Built1973Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$2,998 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,718

Property Taxes

$280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 206 & 208 North Graves Street

Summary
Location and General Information
  • Block: 4
  • Community Features: Curbs
  • Complex Name: None
  • Directions: Use GPS for most efficient route.
  • Elementary School: Burks
  • Elementary School Name: Burks
  • High School: Mckinney Boyd
  • High School Name: Mckinney Boyd
  • Middle School: Faubion
  • Year Built Details: Preowned
  • School District: McKinney ISD
  • Geocode Confidence: High
  • Latitude: 33.20
  • Longitude: -96.63
  • State: Texas
Parking
  • Parking Features: Attached Carport, Driveway
  • Carport Spaces: 2
  • Parking Spaces Covered Total: 2
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: WADDILL ADDITION (CMC), BLK 4, LOT 4A-2
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Brick, Gas Logs
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Laminate, Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
  • Window Features: Bay Window(s), Window Coverings
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 2
  • Patio And Porch Features: Front Porch
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Curbs
Property and Assessments
  • Exclusions: Tenant Belongings
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Few Trees, Interior Lot, Landscaped
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9583.2
  • Multi Parcel ID: Yes
  • Parcel Number: R083500404A11
  • Parcel Number 2: R083500404A21
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.71%
  • Gross Annual Expenses: $8,630
  • Gross Annual Income: $38,700
  • Insurance Expense: $1,654
  • Net Operation Income: $28,416.00
Unit 1
  • Approximate SQFT: 1220.0
  • Kitchen Length: 17.0
  • Kitchen Width: 10.0
  • Living Area Length: 20.0
  • Living Area Width: 12.0
  • Master Bed Length: 17.0
  • Master Bed Width: 15.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 208
Unit 2
  • Approximate SQFT: 896.0
  • Kitchen Length: 12.0
  • Kitchen Width: 12.0
  • Living Area Length: 17.0
  • Living Area Width: 12.0
  • Master Bed Length: 14.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 206

Property History for 206 & 208 North Graves Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 206 & 208 North Graves Street

Taxable ValueLand$126,000Additions$92,624Total$218,624
Tax Record2022$3,361 ($280 / month)
Home Facts
Baths1Total Finished SqFt896 SqFtAbove Grade Finished SqFt896 SqFtStories1StyleDuplexYear Built1973Year Renovated1990ZoningRS-60CountyCOLLINAPNR-0835-004-04A1-1

Schools near 206 & 208 North Graves Street

This home is within Mckinney Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burks Elementary School
PublicK to 5

Faubion Middle School
Public6 to 8

Mckinney Boyd High School
Public9 to 12

Serenity High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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206 & 208 North Graves Street is a multi-family home for sale in McKinney, TX 75069. This property was listed for sale on May 9, 2024 by Compass, it's currently listed at $498,000. This listing's school district is Mckinney Independent School District. Nearby schools include Burks Elementary School, Faubion Middle School and Mckinney Boyd High School. 206 & 208 North Graves Street is a 4-bed, 3-bath, 2,116 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/10/2024 02:10 AM