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$430,000

1408/1410 White Way, McKinney, TX, 75069

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths2,229 Sq Ft
DuplexDuplex
price_per_sqft$192.91 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringOther, Tile

Exterior

Lot Size6,522 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APNR-1193-001-0060-1
Lot Number6
SubdivisionWhite West Addition No 2 (Cmc)
Land UseResidential
Legal DescriptionWHITE WEST ADDITION NO 2 (CMC), BLK A, LOT 6
Census Tract030701
Assessed Land Value$150,000
Assessed Improvement Value$261,168
Assessment Year2026

About this property

Investment opportunity in McKinney! 1408 & 1410 White Way is a duplex with one side currently tenant occupied and the other vacant, giving a new owner the benefit of existing rental income along with flexibility for the vacant unit. One unit features 1 bedroom and 1 bathroom, while the other offers 1 bedroom and 2 bathrooms. Each side also has an attached one-car garage. The vacant unit features a comfortable single-story layout with a spacious living area, tile and hard-surface flooring, and plenty of natural light. The kitchen offers good cabinet and counter space along with a large pantry. French doors off the dining area open to the backyard, creating an easy connection to the outdoor space. The bedroom is generously sized, and the unit offers plenty of storage throughout. Outside, the property has a large fenced backyard with mature trees and plenty of usable green space. Located in McKinney’s 75069 area, the duplex is just minutes from Historic Downtown McKinney and convenient to shopping, dining, entertainment, and major roadways throughout McKinney and Collin County. For an investor, this property offers multiple options. One side is already producing rental income while the vacant side can be leased or used by an owner occupant. With two separate residences, attached garages, private outdoor space, and an established McKinney location, 1408 & 1410 White Way is a solid opportunity for someone looking to add another income-producing property to their portfolio. Photos shown are of the vacant unit. Three duplexes are available for sale side by side either separately or altogether. MLS #21399419, 21399424 and 21399428

Investor Tools

$179,444Estimated Mortgage Balance
$269,556Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

K.C. McKeown

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$820/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,600
$411,168
2026
$150,000
$261,168
$411,168
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,600
$411,168

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$206,250
No
First
Feb 12, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,444
$269,556
60%
40%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,237/mo
+$89/mo
3.5%

City: McKinney

1408/1410 White Way | Property Details | No Agent List