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469-865-2527
Flex Group Real Estate
506 N Chestnut St, McKinney, TX 75069
- $524,900
- 4
- BD
- 2
- BA
- 1,401
- SqFt
- List Price
- $524,900
- Status
- ACTIVE
- MLS#
- 21407995
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,401
- Lot Size
- 9,147
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.
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Additional Information
- Year Built
- 1953
- 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
- Roof
- Composition
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater
- School District
- Mckinney Isd
- Elementary School
- Finch
- High School
- Mckinney Boyd
- Middle School
- Faubion
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- N Chestnut St
- Street Number
- 506
- Water
- Public
- Acres
- 0.21
- County
- Collin
- Foundation
- Pillar/Post/Pier
- Heating
- Central
- Lot Description
- Back Yard, Irregular Lot, Lawn
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Listing courtesy of Miranda Roberts from Compass RE Texas, LLC. Contact: 505-690-6095
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.
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