




203 Heard St #A/b, McKinney, TX, 75069
About This Home
Exceptional Historic Downtown McKinney Duplex! Great opportunity to live in one and rent or AirBnb the other unit out! Both units are spacious 3-bedroom residences, offering strong rental demand and flexibility for investors. Alternatively, the home could be converted back to a 6-bedroom single-family residence on one of the best streets in all of North Texas. 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. 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.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman,Detached
- Property subType: Duplex,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Cooktop,Electric Oven,Disposal,Washer
Bedroom
- Level: First
- Dimensions: 13 x 13
Bedroom
- Level: Second
- Dimensions: 10 x 9
Bedroom
- Level: Second
- Dimensions: 12 x 10
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Pantry
- Flooring: Hardwood,Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 2,552 sqft
Living Room
- Level: First
- Dimensions: 14 x 13
Living Room
- Level: Second
- Dimensions: 16 x 14
Master Bedroom
- Level: First
- Dimensions: 15 x 14
Master Bedroom
- Level: First
- Dimensions: 14 x 14
Master Bedroom
- Level: Second
- Dimensions: 13 x 14
Property
Details
- Parcel number: R241100000101
Features
- Levels: Multi/Split
- Pool features: None
- Exterior features: Outdoor Living Area
Lot
- Lot size: 9,147 sqft
- Features: Corner Lot
Parking
- Parking features: Gravel,On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Tornado
- Cold Wave
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,185 | $38,220 |
| Home Insurance * | $594 | $7,128 |
| Property Taxes | $776 | $9,312 |
| Electricity | $280 | $3,362 |
| Total | $4,835 | $58,020 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-08 | Price change | $595,000 |
| 2026-06-05 | Listed for sale | $629,900 |
For Sale by Agent
