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$650,000

813 Fenet St, McKinney, TX, 75069

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,715 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesElectric Range
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,822 sqft

Building Information

Year Built2022
Stories2
Garage Spaces1

Land Information

APNR-0926-000-8890-1
Lot Number889
SubdivisionMckinney Outlots (Cmc)
Land UseResidential
Legal DescriptionMCKINNEY OUTLOTS (CMC), LOT 889
Census Tract030901
Assessed Land Value$212,500
Assessed Improvement Value$521,028
Assessment Year2025

About this property

2022 FULL duplex dazzles with modern design elements, convenient access to local hot spots, and the peace and serenity of your private patio & backyard. Just minutes from Historic Downtown McKinney, date night at Rick's Steakhouse and Sunday brunch at the Yard will be your new local favorites & after work Happy Hour at Landon Winery & The Pub has never been so easy. Each unit offers a practical 3 bed + 2.5 bath floorplan. Enjoy quality and comfort with neutral paint, 10 foot ceilings and classic finishes. Entertain and make dinner in your beautiful kitchen with granite counters, shaker cabinets, honeycomb backsplash and ss appliances, or unwind on your back patio as your bistro lights twinkle overhead; mature trees swaying in the background. Primary bedroom overlooks backyard and ensuite features walk-in shower with floor to ceiling tile, dual sinks and private commode. Each unit includes stackable washer and dryer and a single stall attached garage. A golden opportunity for anyone looking to owner-occupy one side and rent out the other, or someone looking for generational housing options. Unit A is vacant, and barely lived in as previous tenant utllized as mid-term housing for traveling nurses. (No HOA means no short term or mid-term rental restrictions). Unit B has long-term A+ tenant. Brand new in 2022 and in PRIME McKinney location, this incredible investment opportunity doesn't come along often. Schedule your private tour today! Preferred Lender will waive ALL lending fees for approved buyer = thousands of dollars in savings!

Investor Tools

Property Icon
$733,528
Estimated Property Value
$633,150Estimated Mortgage Balance
$112,477Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,401 /month
Positive
Cash Flow Estimate:
$1,467 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,132
$733,528
2025
$212,500
$521,028
$733,528
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,132
$733,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$633,150
Yes
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$621,051
$112,477
15%
85%
$3,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,797/mo
$-1,825/mo
3.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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