506 N Chestnut Street, Mckinney, TX 75069
506 N Chestnut Street, Mckinney, TX 75069
506 N Chestnut Street, Mckinney, TX 75069
33
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$550,000
Est. payment /mo
4 Beds
2 Baths
1,364 SqFt
Active

506 N Chestnut Street Mckinney, TX 75069

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,364 sqft

Subdivision Mckinney Original Donation (Cmc)

MLS Listing ID 21251775

Style Modern Farmhouse

Bedrooms 4

Full Baths 2

HOA Y/N None

Year Built 1953

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Single Family Residence

Property Description

Located in the crown jewel of McKinney's Historic District, this rare and versatile property offers a beautifully updated 4-bedroom, 2-bath main home PLUS a fully furnished 703 sq ft guest house just a 4-minute walk from Downtown McKinney. Whether you're searching for multigenerational living, detached private living quarters, a guest retreat, home office or studio space, or an income-producing opportunity, this property delivers a level of flexibility rarely found in the historic district. The guest house includes its own kitchen and full bath and has already rented on Airbnb for up to $150 per night. Inside the main home, original hardwood floors, abundant natural light, and an open-concept layout create the ideal blend of warmth and functionality. The kitchen serves as the centerpiece of the home with quartz countertops, a classic subway tile backsplash, a striking blue island, stainless steel appliances, and generous storage designed for both entertaining and everyday living. Both bathrooms have been thoughtfully updated with modern finishes, and each bedroom includes its own walk-in closet for exceptional storage and flexibility. Beyond its versatility and walkable lifestyle, the home also offers extensive turnkey system upgrades for long-term peace of mind, including cast iron plumbing replaced to the city, a new electrical panel, tankless water heaters, added insulation, updated windows, and a 2024 HVAC system. Outdoors, enjoy a rare oversized backyard with private patio space ideal for entertaining, gardening, or relaxing without the maintenance demands often associated with larger properties. Just steps from Downtown McKinney's boutiques, dining, parks, and year-round events, this is a rare opportunity to own a highly functional, income-capable property in one of McKinney's most desirable historic locations.

Location

State TX

County Collin

Direction N on Hwy 5. Left on E Walker St. R on N Chestnut St. Home is on the right.

Rooms

Dining Room 1

Interior

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)

Heating Central

Cooling Ceiling Fan(s), Central Air, Electric, Wall Unit(s)

Flooring Carpet, Ceramic Tile, Concrete, Wood

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater

Heat Source Central

Laundry In Hall, Stacked W/D Area, Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Covered Patio/Porch

Carport Spaces 2

Fence Wood

Utilities Available Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Interior Lot, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Board & Batten Siding

Schools

Elementary Schools Finch

Middle Schools Faubion

High Schools Mckinney Boyd

School District Mckinney Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21251775


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Miranda Roberts • Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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Damaris Moreno

Damaris Moreno

+1(817) 938-2603

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506 N Chestnut Street