506 N Chestnut St, McKinney, TX 75069

$524,900
4
BD
2
BA
1,401
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$524,900
Status
ACTIVE
MLS#
21407995
Subtype
Residential
Style
Farmhouse, Modernist, Detached
Architectural Style
Farmhouse, Modernist, Detached
Construction Status
Preowned
Year Built
1953
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,401
Lot Size
9,147
Acres
0.21
Subdivision
MCKINNEY ORIGINAL DONATION (CMC)

Property 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.

Additional Information

Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, High Speed Internet, In-Law Arrangement, Kitchen Island, Open Floor Plan, Cable TV, Walk-In Closet(s), Wired Audio
Property Description
Farmhouse, Modernist, Detached
Flooring
Carpet, Concrete, Tile, Wood
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater
Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s), Electric, Wall Units
Stories
1
Levels
One
Roof
Composition
Foundation
Pillar/Post/Pier
Parking Features
Carport, Detached, Driveway
School District
Mckinney Isd
Elementary School
Finch
Middle School
Faubion
High School
Mckinney Boyd

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Miranda Roberts from Compass RE Texas, LLC. Contact: 505-690-6095

Listing 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: