Pool and spaGas fireplaceHardwood floors throughoutFlagstone patioBuilt-in buffetVintage soaking tubIconic red gate entry
Known as “The Red Gate Inn,” this 4-bed, 4 full & 1 half bath property with guest quarters is located in the heart of Downtown McKinney! This charming property would make an ideal personal residence or serve as an Airbnb-ready property. It is ideal for investors seeking to expand their portfolio as it has previously operated as a successful Bed & Breakfast. Situated on a .41-acre corner lot within walking distance to McKinney Square, this historic home blends timeless charm with modern updates. The iconic red gate entry welcomes you to a flagstone patio and wrap-around porch complete with swing and multiple seating areas—creating an inviting first impression. Inside, remodeled spaces are filled with natural light and showcase hardwood floors throughout. The main house features 3 bedrooms, each with its own ensuite bath. The primary suite offers a beautifully remodeled bath with walk-in shower, vintage soaking tub, custom vanity and elegant sconce lighting. The expansive kitchen is designed for hosting, featuring stainless steel appliances including a Viking gas range, double ovens, vented hood, large island, granite countertops and built-in buffet. The kitchen flows seamlessly into the dining area and oversized living room with gas fireplace. Upstairs, two additional suites—“The Yellow Rose” and “The Blue Bonnet”—offer sitting areas and remodeled baths. The fourth bedroom suite is located above the detached two-car garage, complete with fireplace and full bath, perfect for extended stays or rental flexibility. Outdoors, the manicured grounds provide multiple gathering spaces, oversized yard, gazebo, and pool & spa, accommodating events of up to 50 guests. Whether you envision continuing its legacy as a Bed & Breakfast, operating a thriving Airbnb or enjoying it as a private estate, “The Red Gate Inn” offers unmatched versatility in one of McKinney’s most desirable locations. SELLER REPLACING ROOF AND ADDING GUTTERS ON MAIN HOUSE PRIOR TO A CLOSING. Call today!!
154 days
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1,707
|
162
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Zillow last checked:
Listing updated:
Listed by:
Denise Johnson0587659817-601-0865,
Compass RE Texas, LLC682-226-6938,
Jessica Harrison0753089806-678-0650,
Compass RE Texas, LLC
Source: NTREIS,MLS#: 21195227
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Primary bedroom
Features: En Suite Bathroom, Garden Tub/Roman Tub, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
Level: First
Dimensions: 15 x 17
Bedroom
Features: En Suite Bathroom
Level: Second
Dimensions: 15 x 15
Bedroom
Level: Second
Dimensions: 11 x 19
Bedroom
Features: En Suite Bathroom, Fireplace, Walk-In Closet(s)
Level: Second
Dimensions: 23 x 17
Primary bathroom
Level: First
Dimensions: 17 x 10
Den
Level: First
Dimensions: 15 x 15
Dining room
Features: Built-in Features
Level: First
Dimensions: 13 x 8
Other
Level: Second
Dimensions: 9 x 8
Other
Level: Second
Dimensions: 13 x 5
Other
Level: Second
Dimensions: 10 x 10
Half bath
Level: First
Dimensions: 0 x 0
Kitchen
Features: Built-in Features, Granite Counters, Kitchen Island, Pantry
Level: First
Dimensions: 14 x 11
Living room
Level: First
Dimensions: 19 x 18
Utility room
Features: Utility Room
Level: First
Dimensions: 21 x 9
Heating
Central
Cooling
Central Air, Ceiling Fan(s), Electric
Appliances
Included: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Features
Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
Flooring: Ceramic Tile, Wood
Has basement: No
Number of fireplaces: 2
Fireplace features: Bedroom, Decorative, Electric, Gas Log, Gas Starter, Living Room
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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