506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
506 N Chestnut Street
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$524,900

506 N Chestnut Street

4 Beds 2 Baths 1,401 Sq.Ft. 9,147.6 Sq.Ft.

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.

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Location

506 N Chestnut Street, Mc Kinney, TX 75069

Status

For Sale

Property Amenities

Interior
Laundry room In Hall
Appliances Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
Flooring Carpet, Concrete, Ceramic Tile, Wood
Total Bedrooms: 4
Full Bathrooms: 2
Other Interior Features Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Cable TV, Walk-In Closet(s), Wired for Sound
Area & Lot
Lot Area 9,147.6 Sq.Ft.
Living area 1,401 Sq.Ft.
MLS® ID 21407995
Year Built 1953
School District McKinney ISD
High School Mckinney Boyd
Middle School Faubion
Elementary School Finch
Architecture Styles Farmhouse, Modern, Detached
Type Residential
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
Heat type Central
Water Source Public
Sewer Public Sewer
Parking Carport, Detached Carport, Driveway
Lot Features Back Yard, Interior Lot, Lawn
Roof Composition
Utilities Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Finance
Sales Price $524,900

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