506 N Chestnut Street, Mckinney, TX 75069

• 4 beds |
• 2 baths |
• 1,364 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 2, 2026 at 7:18AM

Listing Office:

Compass RE Texas, LLC : 469-210-8288

Listing Agent:

Miranda Roberts : 505-690-6095

MLS ID:

21251775

Interior

• General: Decorative/Designer Lighting FixturesEat-in KitchenHigh Speed InternetIn-Law FloorplanKitchen IslandOpen FloorplanCable TVWalk-In Closet(s)Wired for Sound
• Appliances: DishwasherElectric RangeElectric Water HeaterDisposalIce MakerMicrowaveRefrigeratorTankless Water Heater
• Laundry: Washer HookupDryer HookupIn HallStacked
• Flooring: CarpetConcreteCeramic TileWood
• A/C: Central AirCeiling Fan(s)ElectricWall Unit(s)
• Heating: Central
• Fireplace: Fireplaces: 0
• Eco/Green Feature: InsulationWindows

Exterior

• General: Guest HouseShed(s)
• Style: FarmhouseModernDetached
• Other Structures: Guest HouseShed(s)
• Pool: None
• Parking: CarportDetached CarportDriveway

Construction

• Roofing: Composition
• Windows: Window Coverings
• General: Board & Batten Siding1Pillar/Post/Pier

Location

• Originating MLS: NTR
• School District: McKinney ISD
• County: Collin

Lot

• Zoning: R0856080001C1
• Fencing: Wood

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableSeparate MetersWater AvailableCable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR