506 N Chestnut Street,McKinney, TX 75069
McKinney, TX 75069
Description
Recently appraised at $537,000, this rare Historic McKinney property offers two independent living spaces just a 4-minute walk from Downtown McKinney. Now offered at $524,900, the property features a beautifully updated 4-bedroom, 2-bath main residence plus a fully furnished, detached 693 sqft second residence with its own kitchen and full bath. Whether you're accommodating multigenerational living, creating private space for family or guests, or establishing a detached home office or studio, this property offers exceptional flexibility. For those interested in rental income, the detached residence has previously rented on Airbnb for up to $150 per night. Inside the main residence, original hardwood floors, abundant natural light, and an open-concept layout blend historic character with modern functionality. The kitchen features quartz countertops, a classic subway tile backsplash, a striking blue island, stainless steel appliances, and generous storage. Both bathrooms have been thoughtfully updated and all four bedrooms feature walk-in closets. Extensive system improvements add everyday convenience and long-term value, including cast iron plumbing replaced to the city connection, an updated electrical panel, tankless water heaters, added insulation, updated windows, and a 2024 HVAC system. Outdoors, enjoy a rare oversized backyard and private patio, perfect for entertaining, gardening, or relaxing. Just steps from Historic Downtown McKinney's boutiques, restaurants, parks, and year-round events, this distinctive property combines historic charm, meaningful modern improvements, two separate living spaces, and exceptional versatility in a location that's increasingly difficult to replicate.
Details
| MLS # | 21407995 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 33 |
| Listing Provided By | Compass RE Texas, LLC | Miranda Roberts |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,401 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.21 |
Interior
| Room Count | 9 |
|---|---|
| Cooling | Ceiling Fan(s), Central Air, Electric, Wall Unit(s) |
| Heating | Central |
| Interior Features | Cable TV Available, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Open Floorplan, Walk-In Closet(s) |
| Appliances | Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater |
Exterior
| Exterior Features | Covered Patio/Porch |
|---|---|
| Roof | Composition |
| Construction Materials | Board & Batten Siding |
| Foundation Details | Pillar/Post/Pier |
| Lot Features | Interior Lot, Lrg. Backyard Grass |
Parking
| Garage Yn | 0 |
|---|---|
| Parking Features | Carport, Detached Carport, Driveway |
Utilities
| Utilities | Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter |
|---|
Taxes
| Tax Lot | 1C |
|---|---|
| Tax Block | 80 |
Area Information
| State | TX |
|---|---|
| County | Collin |
| City | McKinney |
| Zip Code | 75069 |
| Area | Collin |
| Community Name | MCKINNEY ORIGINAL DONATION (CMC) |
| School District | McKinney ISD |
| Elementary School | Finch |
| High School | Mckinney Boyd |
| Listing VS Median (in MCKINNEY ORIGINAL DONATION (CMC)) | |
Price: $524,900 low | high Med: $263,500 sqft: 1,401 low | high Med: 1,326 $ / sqft: $375 low | high Med: $188 On site: 33 low | high Med: 33 | |
Market Activity 75069
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Learn More About This Property
| State | TX |
|---|---|
| County | Collin |
| City | McKinney |
| Zip Code | 75069 |
| Area | Collin |
| Community Name | MCKINNEY ORIGINAL DONATION (CMC) |
| School District | McKinney ISD |
| Elementary School | Finch |
| High School | Mckinney Boyd |
| Listing VS Median (in MCKINNEY ORIGINAL DONATION (CMC)) | |
Price: $524,900 low | high Med: $263,500 sqft: 1,401 low | high Med: 1,326 $ / sqft: $375 low | high Med: $188 On site: 33 low | high Med: 33 | |
