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506 N Chestnut Street

McKinney, Texas 75069
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Bed 4

Bed

Bath 2

Bath

SqFt1,364

Sqft

Acres0.21

Acre(Lot)

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 o f 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.

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Detail Ic Property Details

Property Type : Residential

Price : $550,000

AD Id : 77819578

MLS Id : 560122895

Beds : 4

Lot Size : 0.21 Acre

Living Area Size : 1,364

Year Built : 1953

County : Collin

Subdivision: Mckinney Original Donation (cmc)

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • 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)

    Appliances

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

    Utilities

    Cable Available,City Sewer,City Water,Electricity Available,Individual Gas Meter
  • Cooling Features

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

    Energy

    Green Energy: Insulation,Windows

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1953 Construction: Board & Batten Siding Roof Type: Composition
  • Exterior Features

    Covered Patio/Porch

    Foundation

    Pillar/Post/Pier
  • Laundry Features

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

    Patio And Porch

    Front Porch,Patio

    Fencing

    Wood

    Construction Materials

    Board & Batten Siding

  • Lot Information

    Lot Size (Acr): 0.2100 Lot Size Units: Acres Lot Size Square Feet: 9,148 Lot Features: Interior Lot,Lrg. Backyard Grass
  • Property Information

    SQ ft (Living Area): 1,364 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Modern Farmhouse Subdivision: MCKINNEY ORIGINAL DONATION (CMC) City: McKinney State: Texas Directions: N on Hwy 5. Left on E Walker St. R on N Chestnut St. Home is on the right. Property Status: Active Levels: One Property Age: 73 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $550,000 List Price Tot SqFt: $403
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R0856080001C1 Tax Block: 80 Tax Lot: 1C

  • Parking Information

    Carport Spaces: 2 Parking Features: Carport,Detached Carport,Driveway
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Finch Middle School: Faubion High School: Mckinney Boyd School District: McKinney ISD
  • Utility Information

    Utilities: Cable Available,City Sewer,City Water,Electricity Available,Individual Gas Meter Green Energy Efficient: Insulation,Windows
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1220 Westmoreland Drive, Mckinney, TX, 75069 $280,000 3 2 1,290 1,290 SqFt
414 Wilson Street, Mckinney, TX, 75069 $479,990 4 3 2,600 2,600 SqFt
1024 Murray Court, Mckinney, TX, 75069 $374,000 4 2 1,400 1,400 SqFt
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405 Kincaide Street, Mckinney, TX, 75069 $184,900 2 1 790 790 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/24/2026 @ 15:57

MLS: 560122895 LISTED BY: Miranda Roberts, Compass RE Texas, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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