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Mandy Petersen
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(254) 644-8648
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506 N Chestnut Street, McKinney, TX 75069

$568,000
  • 506 N Chestnut Street, McKinney, TX 75069 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,364 MLS#21251775
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMCKINNEY ORIGINAL DONATION (CMC) SCHOOLMcKinney ISD

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.

506 N Chestnut Street | MLS# 21251775

This single family home located at 506 N Chestnut Street, McKinney, TX 75069 is currently listed for sale with an asking price of $568,000. This property was built in 1953 and has 4 bedrooms and 2 full baths with 1364 sq. ft. N Chestnut Street is located in the MCKINNEY ORIGINAL DONATION (CMC) subdivision within the McKinney ISD school district. Search MCKINNEY ORIGINAL DONATION (CMC) real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric, Wall Unit(s)
Heating: Central
Home Style: Modern Farmhouse
Lot Size: 0.21 Acres
Roof Type: Composition
Year Built: 1953

Amenities

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)
Covered Patio/Porch

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
Exterior: Board & Batten Siding
Fencing: Wood
Flooring: Carpet, Ceramic Tile, Concrete, Wood
Green Features: Insulation, Windows
Laundry: In Hall, Stacked W/D Area, Dryer Hookup, Washer Hookup
Lot: Interior Lot, Lrg. Backyard Grass
Parcel#: R0856080001C1
Parking: Carport, Detached Carport, Driveway
Parking Notes: Carport, Detached Carport, Driveway
Patio/Porch: Front Porch, Patio
Utilities: Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter
Window: Window Coverings

Local Schools

Elementary School: Finch
School District: McKinney ISD

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: 505-690-6095
Agent Name: Miranda Roberts

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimated Payment

$ 1,429.79 per month $1,264.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $165.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/29/2026. The listing information on this page last changed on 04/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/29/2026 1:58:00 AM EST) or NTREIS (last updated Tue 04/28/2026 11:48:46 PM EST) or SABOR MLS (last updated Wed 04/29/2026 12:52:00 AM EST) or CTXMLS (last updated Tue 04/28/2026 11:34:23 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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