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DFW (McKinney) Off-Market Occupied Duplex $365k

2429 / 2431 Lakeview Cir, McKinney
ROI
17.49% IRR
Strategy
Long Term Rental
Side 2431 pays $1650 and side 2429 pays $1675. 2429 just renewed to March 2027. Lots of room to increase rents on both side. 2 bedroom duplex units in this subdivision average $1665 per door. The tenant in 2431 is month to month and has been in place since March 2025. Average duplex in the area sells for $213 per ft. Subject property is 1918 sqft. This seller owns over 1000 units across Collin County. They are consolidating holdings into their commercial properties. EXCEPTIONAL ENTRY PRICE FOR BUILT IN EQUITY. Cashflow from day 1.

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DFW (McKinney) Off-Market Occupied Duplex $365k

Listed 01/16/2026

2429 / 2431 Lakeview Cir, McKinney

Purchase Price:$365,000

Cash Outlay:$98,550

Cashflow:$445/mo

Cap Rate:6.86%

IRR:17.49%

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