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$524,900
New Listing

506 N Chestnut Street
McKinney, TX 75069

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,401
SqFt
$375
/SqFt
1953
Built
Subdivision:
MCKINNEY ORIGINAL DONATION (CMC)
County:
Collin
506 N Chestnut Street506 N Chestnut Street506 N Chestnut Street506 N Chestnut Street
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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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Listing Snapshot
PriceĀ 
$524,900
Days On SiteĀ 
0 Days
BedroomsĀ 
4
Inside Area (SqFt)Ā 
1,401 sqft
Total BathsĀ 
2
Full BathsĀ 
2
Partial BathsĀ 
N/A
Lot SizeĀ 
0.21 Acres
Year BuiltĀ 
1953
MLSĀ® NumberĀ 
21407995
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLSĀ®
12 hours agoListing first seen on site
General Features
AcresĀ 
0.21
CarportĀ 
2
FoundationĀ 
Pillar/Post/Pier
Green Energy EfficientĀ 
InsulationWindows
LevelsĀ 
One
ParkingĀ 
CarportDetached CarportDriveway
Property Sub TypeĀ 
Single Family Residence
SewerĀ 
Public Sewer
Special CircumstancesĀ 
Standard
StyleĀ 
Modern Farmhouse
UtilitiesĀ 
Cable AvailableElectricity Available
Water SourceĀ 
Public
Interior Features
AppliancesĀ 
DishwasherDisposalElectric RangeElectric Water HeaterIce MakerMicrowaveRefrigeratorTankless Water Heater
CoolingĀ 
Ceiling Fan(s)Central AirElectricWall Unit(s)
FlooringĀ 
CarpetCeramic TileConcreteWood
HeatingĀ 
Central
InteriorĀ 
Eat-in KitchenKitchen IslandOpen FloorplanWalk-In Closet(s)High Speed InternetIn-Law Floorplan
Laundry FeaturesĀ 
In Hall
BedroomĀ 
Dimensions - 10 x 10Level - FirstFeatures - Ceiling Fan(s), Walk-In Closet(s)
KitchenĀ 
Dimensions - 14 x 13Level - FirstFeatures - Eat-in Kitchen, Kitchen Island
Living RoomĀ 
Dimensions - 14 x 10Level - First
Master BathroomĀ 
Dimensions - 7 x 6Level - First
Master BedroomĀ 
Dimensions - 13 x 13Level - FirstFeatures - Ceiling Fan(s), Walk-In Closet(s)
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Exterior Features
Construction DetailsĀ 
Board & Batten Siding
FencingĀ 
Wood
Lot FeaturesĀ 
Interior Lot
Other StructuresĀ 
Guest HouseShed(s)
RoofĀ 
Composition
Community Features
School DistrictĀ 
McKinney ISD
Financing Terms AvailableĀ 
CashConventionalFHAVA Loan
Schools
School District
McKinney ISD
Elementary School
Finch
Middle School
Faubion
High School
Mckinney Boyd
Listing courtesy of Miranda Roberts of Compass RE Texas, LLC miranda@robertsresidentialgrp.com



Ā© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-10-13 09:57 PM CDT

Neighborhood & Commute
Source: Walkscore
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