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$524,900

506 N Chestnut Street, McKinney, TX 75069

4 bd 2 ba 1,401 sq ft House · Built 1953

Price / sq ft$375
Lot0.21 acres
Built1953
Stories1
HeatingCentral
CoolingCentralAir,CeilingFans,Electric,WallUnits
SchoolsMcKinney ISD
ElementaryFinch
SubdivisionMCKINNEY ORIGINAL DONATION (CMC)
MLS #21407995

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

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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.