Duplex with Private Fenced
For Sale
$445,000
1412/1414 White Way, McKinney, TX 75069
One residence is occupied, while the second is vacant and available for occupancy or leasing.
Property Size2,287 SF
Days on Market12
Property Features for 1412/1414 White Way
General Information
Standard status
Active
Size
2,287 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
50%
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$8,561
Amenities
private fenced yard
Building Details
Building Size
2,287 SF
Year Built
1985
Buildings
1
Tenancy
Single
Listing Agency:
Real Broker, LLC
Listed By:
K.C. McKeown · License #0690463
(512) 960-3253
Source:
Sociallivingre
Added: Oct 2
Changed: Oct 12
Last Checked: Oct 13 at 1:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Investment Insights
Based on property information with market context.
This 1985 duplex contains two residences, each with two bedrooms, two full bathrooms, an attached one-car garage, and a fenced private yard. One side is occupied; the other is vacant. The vacant residence has a single-story layout, hard-surface flooring in its main living areas, a separate dining space, and an updated kitchen with tile backsplash. Its bathrooms have updated vanities and tile finishes.
The property is in McKinney, near Historic Downtown McKinney and local shopping, dining, and major roads. Three duplexes are offered side by side and may be purchased individually or together.
The property is in McKinney, near Historic Downtown McKinney and local shopping, dining, and major roads. Three duplexes are offered side by side and may be purchased individually or together.
Key Highlights
- Two residences, each with 2 bedrooms and 2 full bathrooms
- One side occupied; the other vacant
- Attached one‑car garage and private fenced yard for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,763
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,260
$795.3K
Cap Rate 7%
$568,043
$568.0K
Cap Rate 9%
$441,811
$441.8K
Market Conditions
NOI Build-Up for 2,287 SF
Gross rent
$81.0K $35.40/SF
− Vacancy
−$8.7K −$3.79/SF
EGI
$72.3K $31.61/SF
− OpEx
−$32.5K −$14.23/SF
NOI
$39.8K $17.39/SF
Area
McKinney, TX
Vacancy
10.70%
Lease Rate
$35.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,260
Cap Rate 7%
$568,043
Cap Rate 9%
$441,811
Alternative Uses
Best Use
Multifamily LT 5
$642.4K
$562.1K – $749.5K
NOI $44,967 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$568.0K
$497.0K – $662.7K
NOI $39,763 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$643.0K
$562.6K – $750.1K
NOI $45,008 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 75069, TX
39,084
Population
16,958
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
88%
High-School Grad
33.7 sq mi
ZIP Area
1,160
Density / Sq Mi
$82,804
Median Household Income
$42,816
Median Earnings
$1,530
Median Rent
$413,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied, while the second is vacant and available for occupancy or leasing.
Where is this duplex located?
The property is located at 1412/1414 White Way McKinney, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full bathrooms; One side occupied; the other vacant; Attached one‑car garage and private fenced yard for each residence
