214 COLORADO STREET, MCKINNEY, TX 75069
Homes for sale in Mckinney.
Homes for sale in 75069.
List Price$385,000
214 Colorado Street
McKinney, TX 75069
Listing #21305472
About This Property
HISTORIC MCKINNEY CHARMER -- IDEAL FOR INVESTORS, FIRST-TIME BUYERS, DOWNSIZERS! Nestled in the heart of Historic McKinney, this lovingly renovated Craftsman-style cottage blends timeless character with modern updates. Thoughtfully restored and move-in ready, the home features restored original hardwood floors, high baseboards, and inviting living spaces filled with charm. Major improvements include a completely updated electrical system with a new electrical panel and breaker box, a newer HVAC system, updated flooring, and beautifully remodeled kitchen and bathroom spaces. Outside, enjoy a large, fully fenced backyard enclosed by a wood privacy fence. Additional amenities include a garage and a separate storage room, offering valuable extra space. Located in a rapidly revitalizing neighborhood, surrounding properties are being restored or replaced with new construction, enhancing the area's appeal and long-term value. For investors and first-time buyers alike, this property offers a turnkey opportunity -- furniture and supplies are available for purchase, making it easy to move in or start generating income with minimal setup. It has maintained an impressive Airbnb rental history from August 2021 through the present, generating an average annual revenue of approximately $43,105, or $3,596 per month. Whether you're seeking a primary residence, a downsizing opportunity, or an investment property with established short-term rental performance, this Historic McKinney gem deserves a closer look.
Property Features
Location Information
County
Collin
Subdivision
D F Gerrish Sub
Interior Features
Interior
Eat-in Kitchen, High Speed Internet, Pantry, Cable TV, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s)
Full Baths
1
Floors
Carpet, Ceramic Tile, Wood
Has Fireplace
No
Laundry
Stacked
Number of Fireplaces
0
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Heating
Central, Natural Gas
Exterior Features
Style
Craftsman, Detached
Fencing
Back Yard, Fenced, Wood
Stories
1
Patio / Deck Description
Front Porch, Covered
Construction
Wood Siding
Pool Description
None
Exterior
Private Yard, Storage
Lot Description
Back Yard, Corner Lot, Lawn
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.25
Roof
Composition
Lot Size in Sq. Ft.
10,890
Utilities
Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Is One Story
Yes
Parking Description
Door-Single, Garage Faces Front, Kitchen Level, On Site, Off Street, On Street
Lot Description
Back Yard, Corner Lot, Lawn
Has Garage
Yes
Windows Description
Window Coverings
Garage Spaces
1
School
Elementary School District
McKinney ISD
Jr. High School
Dowell
Elementary School
Finch
High School
Mckinney
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
SFR
Has a Home Owners Association
No
Property SubType 2
House
Tax Annual Amount
6854.0
Property SubType
Single Family Residence
Lot Acres Source
Assessor
Year Built
1964
Similar Listings
Mortgage Calculator
$1,796
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,387
Monthly Tax
$320
Monthly Insurance
$89
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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