Listing provided courtesy of RE/MAX Four Corners- MLS# 21285002MLS ProviderContact Information: Audrey Young - 972-396-9100

203 Heard Street #A/BMcKinney, TX 75069

Multi-Family · 6 Beds · 2 Full Baths · 2,552 Sq. ft. | 0.21 Acres
$629,900 Active

203 Heard Street #A/B Overview

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Exceptional Historic Downtown McKinney Duplex – Prime Investment Opportunity! Located just a 3-minute walk from the vibrant McKinney Square, this well-maintained historic duplex sits on a quiet, tree-shaded street in one of the city's most desirable neighborhoods, west of Hwy 5. Enjoy convenient access to downtown shopping, dining, entertainment, the growing McKinney National Airport, and the highly anticipated Sunset Amphitheater development. This charming property combines historic character with substantial structural upgrades, including steel foundation beams, copper plumbing, a newly rebuilt exterior staircase (2025), and siding maintenance completed in 2026. The duplex features separate entrances, separate utility meters, and dedicated parking areas accommodating 2–3 vehicles per unit, along with a peaceful yard and gardening space. Both units are spacious 3-bedroom residences, offering strong rental demand and flexibility for investors. Unit A (approximately 1,250 SF) is located on the lower level with frontage and access from Heard Street. Unit B (approximately 1,100 SF) is accessed from Wood Street and was thoughtfully remodeled in 2026 while preserving its beautiful original hardwood floors. Currently occupied by excellent tenants, the property provides immediate income and long-term investment stability: Unit A leased through August 2027, Unit B leased through July 2026. Whether you're seeking a turnkey income-producing asset, a future owner-occupancy opportunity, or a property with potential for short-term rental use, this rare downtown McKinney duplex offers location, character, and lasting value. Agent is owner.

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203 Heard Street #A/B Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,552
  • Price/Sq.ft. $247
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: McKinney ISD
  • Elementary School: Caldwell
  • Middle Or Junior School: Faubion
  • High School: Mckinney Boyd

Income/Expenses

  • Gross Income: 44940.0
  • Insurance Expense: 2800.0
  • Net Operating Income: 41720.0
  • Operating Expense Includes: Gardener,Insurance

Building Information

  • Year Built: 1920
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: MCKINNEY
  • Subdivision Name: MINCEY ADDITION (CMC)

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R241100000101
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2552.0

General Information

  • Appliances: Dryer,Dishwasher,Electric Cooktop,Electric Oven,Disposal,Washer
  • Flooring: Hardwood,Laminate
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Pantry
  • Levels: Multi/Split

Unit Information

  • Unit Number: A/B

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 5.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Square Feet: 9147.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Composition

General Information

  • Exterior Features: Outdoor Living Area
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

203 Heard Street #A/B Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

203 Heard Street #A/B Market Data

Based on the last 30 days in this zip code

$688,897
Average List Price
$267
Average Price per Square Foot
30
Properties Sold
202
Average Days on Market
276
Properties for Sale
Calculations provided by Reliance Network


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