506 N Chestnut Street
McKinney, TX, 75069 $ 568,000
Bedrooms4 Baths2.0 Sq 1,364 Monthly Estimate*
$ 3,497
for $568,000 with 4 bedrooms and 2 full baths. This 1,364 square foot home was built in 1953 on a lot size of 0.21.
Located in the crown jewel of the McKinney Historic District, this charming 4-bedroom, 2-bath home plus fully furnished 703 sq ft guest house captures the timeless character buyers love—complete with a welcoming covered front porch and original hardwood floors—while offering rare, modern versatility just steps from downtown. Inside, an open-concept layout is filled with natural light streaming through updated windows, creating a warm yet airy feel. The kitchen serves as a true centerpiece, featuring quartz countertops, a classic subway tile backsplash, a striking blue island, stainless steel appliances, and ample storage—perfect for both everyday living and entertaining. Both bathrooms have been thoughtfully updated with quartz countertops and modern tile finishes, blending style with functionality. Each bedroom is well-sized and includes its own walk-in closet, offering comfort and flexibility throughout the home. The fully furnished guest house includes its own kitchen and full bath, making it ideal as a private in-law suite, guest retreat, or income-producing opportunity (already renting on Airbnb for up to $150 per night!). Beyond its charm and versatility, the home also offers modern peace of mind with extensive system upgrades including cast iron plumbing replaced to the city, a new electrical panel, tankless water heaters, a 2024 HVAC system, and added insulation—delivering comfort, efficiency, and long-term reliability. Outdoors, enjoy a rare oversized backyard with a private patio—perfect for entertaining, gardening, or relaxing—while still benefiting from a low-maintenance lifestyle. Just a 4-minute walk to Downtown McKinney, you’ll have effortless access to boutique shopping, dining, parks, and year-round events, all while remaining conveniently close to major roadways. Opportunities like this are rare—own a piece of McKinney’s historic charm while capitalizing on a truly versatile, income-producing property.
See more
FeaturesInteriorInterior 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)
Flooring Carpet Ceramic Tile Concrete Wood
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 4
Total Baths 2
See more
GeneralHeating Central
Cooling Ceiling Fan(s) Central Air Electric Wall Unit(s)
Utilities Cable Available City Sewer City Water Electricity Available Individual Gas Meter
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater Ice Maker Microwave Refrigerator Tankless Water Heater
School District McKinney ISD
Pool Y/N 0
Year Built 1953
Architectural Style Modern Farmhouse
Levels One
Property Subtype Single Family Residence
Subdivision Name MCKINNEY ORIGINAL DONATION (CMC)
Transaction Type For Sale
Occupant Type Owner
County Collin
Property Type Residential
Construction Materials Board & Batten Siding
Year Built Details Preowned
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Y
HOA Type None
Full Baths 2
Status Active
Directions N on Hwy 5. Left on E Walker St. R on N Chestnut St. Home is on the right.
City McKinney
Elementary School Name Finch
High School Mckinney Boyd
Elementary School Finch
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
See more
ExteriorWaterfront 0
Exterior Features Covered Patio/Porch
Lot Features Interior Lot Lrg. Backyard Grass
Fencing Wood
Other Structures Guest House Shed(s)
Parking Features Carport Detached Carport Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Structural Style Single Detached
Garage Y/N 0
See more
* Excluded FeaturesList ByMiranda RobertsListing Agent
Compass Re Texas, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,497
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in McKinney, TX
Average List Price $641,434
Percent of Sale Price 13%
About McKinney, TX 184,083 Population
230% Since 2002
$ 85,849 Median Income
34.32 Median Age
45% Households with Children
Trends Information provided by ATTOM Data Solutions.
288450 Elementary School
3672581 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2026 | $568,000 | | Listed Price |