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505 S Chestnut Street McKinney, TX $ 400,000
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$ 400,000 Get more info
505 S Chestnut Street
$ 400,000
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New Construction
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505 S Chestnut Street

McKinney, TX, 75069
$ 400,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,495

505 S Chestnut Street, McKinney, TX 75069 - Image 1
505 S Chestnut Street, McKinney, TX 75069 - Image 2
505 S Chestnut Street, McKinney, TX 75069 - Image 3
505 S Chestnut Street, McKinney, TX 75069 - Image 4
505 S Chestnut Street, McKinney, TX 75069 - Image 5
505 S Chestnut Street, McKinney, TX 75069 - Image 6
505 S Chestnut Street, McKinney, TX 75069 - Image 7
505 S Chestnut Street, McKinney, TX 75069 - Image 8
505 S Chestnut Street, McKinney, TX 75069 - Image 9
505 S Chestnut Street, McKinney, TX 75069 - Image 10
505 S Chestnut Street, McKinney, TX 75069 - Image 11
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Commercial Property for sale in McKinney, TX

for $400,000. This building was built in 1915 on a lot size of 0.269.

The property is zoned BN . Business Neighborhood. , The lot is in a prime area with the redevelopment of the HWY 5 corridor in McKinney. The lot is 11,717 sq ft. Currently there is a 1552 sq ft home located on the lot, this has great potential for a rental property. The buyer can rent out this property until the property is developed to commercial.. This is a great opportunity to purchase an investment property on HWY 5. Just across the street, a Starbucks is being built. The new City Hall of McKinney is located just north of this location along with a Mixed use development. Just south of this location is a Strip retail center under construction. Schedule your tour today.

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 3,576

Style

Retail

Lot Size

0.269

Year Built

1915

Town/City

McKinney

County/Region

Collin

MLS | Web ID

20728240
Features
General
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Available City Sewer City Water Electricity Connected Individual Gas Meter
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition
Year Built 1915
Business Type Other
Property Subtype Retail
Subdivision Name Shorts Add
Occupant Type Owner
County Collin
Property Type Commercial Sale
Construction Materials Frame Wood
Year Built Details Preowned
Status Active
Directions Traveling North on Hwy 5 in McKinney Turn left onto Short St Turn right on to S Chestnut the property is on the left.
City McKinney
Standard Status Active
Listing Terms Cash Conventional
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Interior
Flooring Wood
Total Stories 1
Total Units 1
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Exterior
Lot Size Source Assessor
Parking Features Carport Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 1552.00
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Wesley Haile

Listing Agent

Russell Realty

Broker

Affordability Calculator

$2,793
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/27/2025$400,000 -11.11% Price Down
1/12/2025$450,000 -9.82% Price Down
9/15/2024$499,000 Listed Price

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505 S Chestnut Street, McKinney, TX, 75069 is a Commercial Property for sale at $400,000 with a lot size of 0.269. 505 S Chestnut Street was built in 1915. The property's zip code is 75069 which is in McKinney, TX

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