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For sale
    • Price cut: $18K (5/27)
    $550,000

    506 N Chestnut St, McKinney, TX 75069

    4beds
    1,364sqft
    : 
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    Single Family Residence
    Built in 1953
    9,147 Square Feet Lot
    $529,600 Zestimate®
    $403/sqft
    $-- HOA

    What's special

    Private patioOversized backyardAbundant natural lightStainless steel appliancesOriginal hardwood floorsQuartz countertopsStriking blue island
    Located in the crown jewel of McKinney's Historic District, this rare property offers two independent living spaces just a 4-minute walk from Downtown McKinney—a beautifully updated 4-bedroom, 2-bath main residence plus a fully furnished 703 sq ft second residence. Whether you're accommodating multigenerational living, providing private space for aging parents or returning college students, creating a detached home office or studio, welcoming long-term guests, or generating rental income, this property delivers a level of flexibility that's exceptionally difficult to find. The second residence includes its own kitchen and full bath and has already rented on Airbnb for up to $150 per night. Inside the main home, original hardwood floors, abundant natural light, and an open-concept layout blend historic character with modern functionality. The kitchen serves as the heart of the home with quartz countertops, a classic subway tile backsplash, a striking blue island, stainless steel appliances, and generous storage, while both bathrooms have been thoughtfully updated with modern finishes. Each bedroom includes its own walk-in closet, providing exceptional storage and everyday convenience. Beyond its flexibility, the home offers extensive turnkey system upgrades for long-term peace of mind, including cast iron plumbing replaced to the city, a new electrical panel, tankless water heaters, added insulation, updated windows, and a 2024 HVAC system. Outdoors, enjoy a rare oversized backyard with a private patio—ideal for entertaining, gardening, or simply relaxing. Just steps from Downtown McKinney's boutiques, dining, parks, and year-round events, this is a rare opportunity to own a thoughtfully updated historic property that offers the lifestyle buyers love with the flexibility, functionality, and income-producing potential that are nearly impossible to replicate.
    78 days
    |
    536
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Miranda Roberts 0689594 505-690-6095,

    Compass RE Texas, LLC 469-210-8288

    Source: NTREIS,MLS#: 21251775

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Dimensions: 13 x 13
      Bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Dimensions: 10 x 11
      Bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Dimensions: 10 x 10
      Primary bathroom
      • Features: Built-in Features, En Suite Bathroom, Stone Counters, Separate Shower
      • Level: First
      • Dimensions: 7 x 6
      Breakfast room nook
      • Features: Eat-in Kitchen
      • Level: First
      • Dimensions: 14 x 13
      Other
      • Features: Built-in Features, Stone Counters
      • Level: First
      • Dimensions: 11 x 6
      Kitchen
      • Features: Built-in Features, Eat-in Kitchen, Kitchen Island, Stone Counters
      • Level: First
      • Dimensions: 14 x 13
      Living room
      • Level: First
      • Dimensions: 14 x 10
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
      • Laundry: Washer Hookup, Dryer Hookup, In Hall, Stacked
      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
      • Flooring: Carpet, Concrete, Ceramic Tile, Wood
      • Windows: Window Coverings
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,364 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Detached Carport, Driveway
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Patio, Covered
      • Pool features: None
      • Fencing: Wood
      Lot
      • Size: 9,147 Square Feet
      • Features: Back Yard, Interior Lot, Lawn
      Details
      • Additional structures: Guest House, Shed(s)
      • Parcel number: R0856080001C1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse,Modern,Detached
      • Property subtype: Single Family Residence
      Materials
      • Board & Batten Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Year built: 1953

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
      Green energy
      • Energy efficient items: Insulation, Windows

      Community & HOA

      Community
      • Subdivision: Mckinney Original Donation (Cmc)
      HOA
      • Has HOA: No
      Location
      • Region: Mckinney

      Financial & listing details

      • Price per square foot: $403/sqft
      • Tax assessed value: $508,434
      • Annual tax amount: $8,883
      • Date on market: 4/29/2026
      • Cumulative days on market: 78 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $529,600

        $503,000 - $556,000

        $2,453/mo

        Price history

        DateEventPrice
        5/27/2026Price change$550,000-3.2%$403/sqft
        Source: NTREIS #21251775 Report a problem
        4/29/2026Listed for sale$568,000+18.4%$416/sqft
        Source: NTREIS #21251775 Report a problem
        10/4/2024Sold--
        Source: NTREIS #20677785 Report a problem
        9/1/2024Contingent$479,900$352/sqft
        Source: NTREIS #20677785 Report a problem
        7/26/2024Listed for sale$479,900-4%$352/sqft
        Source: NTREIS #20677785 Report a problem
        7/15/2024Listing removed--
        Source: NTREIS #20659636 Report a problem
        6/28/2024Listed for sale$499,900-4.8%$366/sqft
        Source: NTREIS #20659636 Report a problem
        6/27/2024Listing removed--
        Source: NTREIS #20613481 Report a problem
        5/29/2024Listed for sale$524,900+133.3%$385/sqft
        Source: NTREIS #20613481 Report a problem
        11/17/2023Sold--
        Source: NTREIS #20450503 Report a problem
        10/24/2023Pending sale$225,000$165/sqft
        Source: NTREIS #20450503 Report a problem
        10/19/2023Contingent$225,000$165/sqft
        Source: NTREIS #20450503 Report a problem
        10/11/2023Listed for sale$225,000$165/sqft
        Source: NTREIS #20450503 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,883 +140.6%$508,434 +143.9%
        2024$3,692 +620.1%$208,464 +23.5%
        2023$513 -54.4%$168,835 +10%
        2022$1,123 -3%$153,486 +10%
        2021$1,158 +5.1%$139,533 +10%
        2020$1,102 +5.3%$126,848 +10%
        2019$1,046 +5.8%$115,316 +10%
        2018$989 +1.5%$104,833 -13.9%
        2017$975 $121,786 +35.3%
        2016$975 -4.8%$90,000 +8%
        2015$1,024 $83,318 +16.4%
        2014$1,024 $71,603 +7.7%
        2013-- $66,467 +0.4%
        2012-- $66,171 -1.5%
        2011-- $67,179 -4.4%
        2010-- $70,304 -2.3%
        2009-- $71,940 -5.9%
        2008-- $76,454 -19.3%
        2007-- $94,776 +2.8%
        2006-- $92,152 +5.2%
        2005-- $87,559 -1%
        2004-- $88,471 +71.8%
        2002-- $51,505 +10%
        2001-- $46,823 +10%
        2000-- $42,566
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 75069

        Getting around

        80 / 100
        Very Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Finch
        • Middle: Faubion
        • High: Mckinney Boyd
        • District: McKinney ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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