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$440,000

1416/1418 White Way, McKinney, TX, 75069

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,694 Sq Ft
DuplexDuplex
price_per_sqft$163.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size6,731 sqft

Building Information

Year Built1983
Stories2
Garage Spaces1

Land Information

APNR-1193-001-0080-1
Lot Number8
SubdivisionWhite West Addition No 2 (Cmc)
Land UseResidential
Legal DescriptionWHITE WEST ADDITION NO 2 (CMC), BLK A, LOT 8
Census Tract030701
Assessed Land Value$165,000
Assessed Improvement Value$251,619
Assessment Year2026

About this property

Fully occupied duplex in a great McKinney location! 1416 & 1418 White Way offer an opportunity to add an income-producing property to your portfolio with tenants already in place. Each unit features 2 bedrooms, 1 full bath, 1 half bath, and an attached one-car garage, with approximately 1,338 and 1,356 square feet per side. Both sides offer comfortable two-story layouts with spacious living areas, good-sized bedrooms, plenty of storage, and private outdoor spaces. The property features established yards, fenced areas, and functional layouts that work well for long-term tenants. Located in McKinney’s 75069 area, the property is just minutes from Historic Downtown McKinney with easy access to restaurants, shopping, entertainment, and major roadways throughout McKinney and Collin County. A great option for investors looking for an established rental property in McKinney. With both sides currently leased, this duplex offers immediate income along with the flexibility and long-term potential of owning a two-unit property in a growing North Texas market. Three duplexes currently available for sale side by side and can be bought altogether or separately.

Investor Tools

$189,232Estimated Mortgage Balance
$227,387Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /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
$814/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,687
$416,619
2026
$165,000
$251,619
$416,619
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,687
$416,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$217,500
No
First
Feb 12, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,232
$227,387
54%
45%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,305/mo
+$260/mo
4.5%

City: McKinney

1416/1418 White Way | Property Details | No Agent List