506 N Chestnut Street, McKinney, TX 75069
4 bd 2 ba 1,401 sq ft House · Built 1953
About this home
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.
Features
- Inside: DecorativeDesignerLightingFixtures,EatInKitchen,HighSpeedInternet,InLawFloorplan,KitchenIsland,OpenFloorplan,CableTv,WalkInClosets,WiredForSound
- Appliances: Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,IceMaker,Microwave,Refrigerator,TanklessWaterHeater
- Parking: Carport,DetachedCarport,Driveway
- Laundry: InHall
Where it is
Similar homes in McKinney
Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.
Talk to a Realtor
We'll connect you with a local Realtor who can get you in to see this home.
Create an account to save this house
And so much more…
- Keep your saved homes on every device
- Build open-house tours and get the best driving route
- Alerts when new homes match what you like
- One tap to a local Realtor when you're ready to see one
Are you a Realtor? Log in here