Mckinney Outlots Homes under $500,000

Welcome to McKinney Outlots, a charming subdivision nestled in the heart of McKinney, Texas, within Collin County. Known for its picturesque landscapes and vibrant community spirit, this area offers a delightful blend of suburban tranquility and urban convenience. McKinney Outlots is a hidden gem, perfect for families, young professionals, and retirees alike.

One of the standout features of McKinney Outlots is its affordability. With a range of beautiful homes priced under $500,000, this community makes homeownership accessible without compromising on quality or style. Whether you’re looking for a cozy starter home or a spacious abode for your growing family, you’ll find a variety of options that cater to diverse tastes and needs. These homes often feature modern amenities, open floor plans, and charming outdoor spaces that invite you to enjoy the Texas sunshine.

Beyond the beautiful homes, McKinney Outlots boasts a welcoming neighborhood atmosphere. Residents enjoy easy access to local parks, schools, and shopping centers, making it an ideal location for those who value convenience. The historic downtown McKinney area is just a stone's throw away, offering a delightful mix of boutiques, restaurants, and cultural attractions.

Living in McKinney Outlots means embracing a lifestyle filled with community events, outdoor activities, and a strong sense of belonging. With its affordable housing options and vibrant surroundings, this subdivision is not just a place to live; it’s a place to thrive. Come and discover the charm of McKinney Outlots—your dream home awaits!

Newest Mckinney Outlots Homes under $500,000

$355,000

3 Beds ⋅ 2 Baths ⋅ 21359411 MLS

INCREDIBLE BUYER INCENTIVES: $6,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $6,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. Charming single-story brick home beautifully updated and set on a generous lot with mature shade trees. Inside, fresh paint and durable plank flooring create a bright, welcoming feel, with a spacious living area anchored by a classic wood-burning stove. The refreshed kitchen offers ample cabinetry and stainless steel appliances, while the updated bathrooms feature stylish finishes and a striking accent bath. Comfortable bedrooms, a walk-in closet, an attached one-car garage, and a large backyard with a storage shed round out this move-in ready home. This home has been virtually staged to illustrate its potential. Home comes with a 100-Day Home Warranty

808 Griffin St, McKinney

Listing courtesy of Amber Broadway from Opendoor Brokerage, LLC. Contact: 480-462-5392

$325,000

2 Beds ⋅ 2 Baths ⋅ 21359238 MLS

Step into the character and charm of this 2-bedroom, 1.5-bath home nestled in McKinney’s historic district. This home offers generously sized living and bedrooms, along with a spacious kitchen featuring ample cabinet storage and room for everyday living and entertaining. The large backyard provides plenty of space to relax, garden, entertain, or create your own outdoor retreat. Conveniently located near Downtown McKinney, enjoy easy access to local dining, shopping, entertainment, parks, and the unique character of one of McKinney’s most established neighborhoods. A great opportunity to own a home in a desirable historic district and make it your own!

901 W Virginia St, McKinney

Listing courtesy of Daina Winn from Homeward Property Management. Contact: 469-649-7666

$289,000

2 Beds ⋅ 1 Baths ⋅ 21326985 MLS

Discover the perfect blend of vintage character and modern updates in this charming historic home just minutes from Downtown McKinney. Featuring 2 bedrooms, 1 full bath, and a versatile 10' x 8' flex room, this home offers the ideal space for a home office, nursery, hobby room, or guest area. Original 1942 hardwood floors add timeless warmth and character, while a major renovation completed in 2017 brought new windows and a beautifully updated kitchen. A new HVAC system installed in 2019 provides added comfort and peace of mind. Whether you're searching for your first home, looking to downsize, or seeking a turnkey investment property, this move-in-ready gem is an outstanding opportunity. Enjoy being just moments from Historic Downtown McKinney's award-winning shops, restaurants, boutiques, and year-round events, with convenient access to US-75 just three minutes away.

1201 1/2 Cole St, McKinney

Listing courtesy of Bruce Quernemoen from Tye Realty Group. Contact: 214-551-9073,214-551-9073

$355,000

2 Beds ⋅ 1 Baths ⋅ 21302118 MLS

Charming 1953 Craftsman cottage near Historic Downtown McKinney offering approximately 1,740 sq ft of living space. This 2 bedroom, 1 bath home features generous room sizes, flexible living areas, and abundant character throughout. The light illed front living room includes five windows, creating a bright and inviting space. The updated kitchen offers newer cabinetry and side yard views, while the oversized laundry room provides flexibility for office or hobby use. A spacious bath, comfortable bedrooms, and a functional layout enhance everyday livability. A rare basement adds valuable storage and additional potential. Situated on approximately .22 acre, the property features a wooded backyard setting that provides privacy while remaining close to downtown McKinney. Recent updates include an electrical panel 2017, roof and decking 2023, and induction cooktop oven with air fryer functionality 2025. A unique opportunity offering space, character, and location within walking distance of Historic Downtown.

107 Truett St, McKinney

Listing courtesy of Valarie Kerby from RE/MAX Four Corners. Contact: 972-396-9100

$429,900

4 Beds ⋅ 3 Baths ⋅ 21239318 MLS

MOTIVATED SELLER – PRICE REDUCED. Just steps from Historic Downtown McKinney Square, 503 Smith offers a rare opportunity to own a fully renovated 1950s home with residential and commercial zoning: perfect for a walkable lifestyle and a flexible live-work setup. Taken down to the studs and thoughtfully rebuilt, this property blends original character with modern updates. The open-concept floor plan features cedar beams and a spacious living area filled with natural light. The kitchen includes stainless steel appliances, gas range, oversized island with seating, walk-in pantry, built-in desk or coffee bar, and updated finishes. The home offers 4 bedrooms and 3 full bathrooms, including two primary suites, providing versatile options for multi-generational living, guests, or dedicated workspace. Situated on a versatile lot with no HOA, this move-in ready property is conveniently located within walking distance to shopping, dining, and community events. Schedule a showing to explore the possibilities 503 Smith offers.

503 Smith St, McKinney

Listing courtesy of Rachel Boston from EXP REALTY. Contact: 214-697-7706

Start Your Search

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: