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203 Heard St #A/b, McKinney, TX, 75069

6beds
2baths
2,552sqft
$629,900
$247price/sqft
$4,835/moest. monthly cost
$193,400/yrincome needed

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

77
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
9/10
Faubion Middle SchoolGrades 6-81.0 mi
7/10
Mckinney Boyd High SchoolGrades 9-123.6 mi

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
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

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

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$594$7,128
Property Taxes $776$9,312
Electricity $280$3,362
Total$4,835$58,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,771/yr
40% on housing$145,050/yr
45% on housing$128,933/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 75069$240
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75069$168
Collin County$185

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

DateEventPrice
2026-08-08Price change$595,000
2026-06-05Listed for sale$629,900

For Sale by Agent

AgentAudrey Young
BrokerageRE/MAX Four Corners

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