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Open House • Sunday, October 18 · 1:00 PM – 3:00 PM

506 N Chestnut Street

McKinney, TX 75069 · View on map ↓

4Beds
2Baths
1,401Sqft
$524,900
MLS# 21407995

Overview

4 / 2
Bed / Bath / Gar
1,401
Sq Ft
1953
Year Built
0.21 acres
Lot Size
4
CDOM
Single Family
Type

Open House

  • Sunday, October 18 · 1:00 PM – 3:00 PM

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.

Mortgage Calculator

20% · $104,980
0%50%
Principal & Interest$2,654(71%)
Property Tax (est. 2%)$875(23%)
Homeowner's Insurance (est.)$219(6%)
Est. Monthly Payment$3,748/mo
Est. Monthly$3,748

Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.

Rooms

Primary Bedroom
13 x 13 / 1
Bedroom
12 x 11 / 1
Bedroom
10 x 10 / 1
Bedroom
10 x 11 / 1
Primary Bathroom
7 x 6 / 1
Living Room
14 x 10 / 1
Kitchen
14 x 13 / 1
Breakfast Room Nook
14 x 13 / 1
Full Bath
11 x 6 / 1
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
Interior Features
Decorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, In Law Floorplan, Kitchen Island, Open Floorplan, Cable Tv, Walk In Closets, Wired For Sound
Flooring
Carpet, Concrete, Ceramic Tile, Wood
Laundry
In Hall
Heating
Central
Cooling
Central Air, Ceiling Fans, Electric, Wall Units
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Architectural Style
Farmhouse, Modern, Detached
Construction
Board And Batten Siding
Roof
Composition
Foundation
Pillar Post Pier
Patio / Porch
Covered
Pool
None
Levels
One
Stories
1
Carport Spaces
2
Covered Spaces
2

Schools

Elementary
Finch (McKinney ISD)
Middle
Faubion (McKinney ISD)
High
Mckinney Boyd (McKinney ISD)

Price & Status History

DateEventPrice
10/13/2026Listed for sale
Source: NTREIS #21407995
$524,900

Nearby Properties

Listed by Miranda Roberts · Compass RE Texas, LLC
Source: NTREIS · MLS#: 21407995

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

4bed
2bath
$524,900
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