Charming curb appeal in the heart of McKinney’s historic district—just a short walk to downtown!
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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 property offers two independent living spaces just a 4-minute walk from Downtown McKinney—a beautifully updated 4-bedroom, 2-bath main residence plus a fully furnished 703 sq ft second residence. Whether you're accommodating multigenerational living, providing private space for aging parents or returning college students, creating a detached home office or studio, welcoming long-term guests, or generating rental income, this property delivers a level of flexibility that's exceptionally difficult to find. The second residence 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 bl end historic character with modern functionality. The kitchen serves as the heart of the home with quartz countertops, a classic subway tile backsplash, a striking blue island, stainless steel appliances, and generous storage, while both bathrooms have been thoughtfully updated with modern finishes. Each bedroom includes its own walk-in closet, providing exceptional storage and everyday convenience. Beyond its flexibility, the home 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 a private patio—ideal for entertaining, gardening, or simply relaxing. Just steps from Downtown McKinney's boutiques, dining, parks, and year-round events, this is a rare opportunity to own a thoughtfully updated historic property that offers the lifestyle buyers love with the flexibility, functionality, and income-producing potential that are nearly impossible to replicate.

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Detail Ic Property Details

Property Type : Residential

Price : $529,000

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: $529,000 List Price Tot SqFt: $388
  • 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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1216 Armitage Way, Mckinney, TX, 75069 $379,499 4 3 2,371 2,371 SqFt
3938 County Road 324, Mckinney, TX, 75069 $599,900 3 2 1,716 1,716 SqFt
2145 Fm 546, Mckinney, TX, 75069 $2,954,120 3 2 1,820 1,820 SqFt
2627 County Road 722, Mckinney, TX, 75069 $549,900 2 2 1,564 1,564 SqFt
1504 Anthony Street, Mckinney, TX, 75069 $800,000 4 1 1,536 1,536 SqFt
1211 E Virginia Street, Mckinney, TX, 75069 $218,900 3 1 1,080 1,080 SqFt
1220 Westmoreland Drive, Mckinney, TX, 75069 $250,000 3 2 1,290 1,290 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 08/23/2026 @ 06:21

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

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