Listed price in listed location currency (USD).
$529,000

420

MLS® 21251775

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1364 sqft
Garage 
Taxes 
Days Active 91
Lot Size 0.21 Acres
Approx. Age 1953
Avg. Price Per Sqft $387
MLS® Number 21251775

Property Address: 506 N Chestnut St, Mckinney, TX, 75069-3941

Average square foot calculated using Size range provided by listing agent.

Description

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 blend 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.
MLS® Number21251775
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1953
Basement
DrivewayCarport, Detached Carport, Driveway
Garage Spaces
HeatCentral
A/CCentral Air, Ceiling Fans, Electric, Wall Units

Extras

Rooms

Bedroom 1:First Floor10 × 10 ft
Bedroom 1:First Floor13 × 13 ft
Bathroom 1:First Floor6 × 11 ft
Kitchen:First Floor13 × 14 ft
Other:First Floor13 × 14 ft
Living Room:First Floor10 × 14 ft
Other:First Floor6 × 7 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$529,000List Price
  • Commute

Commute

Starting Address
Destination Address
506 N Chestnut St, Mckinney, TX

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