303 N WADDILL STREET, MCKINNEY, TX 75069

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303 N Waddill Street

McKinney, TX 75069

Active

List Price$1,700,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21184202

8

Bedrooms

8 full

Bathrooms

5,960

Square Feet

8

Number of Units

Multi-Unit Residential

Type

About This Property

One lot. Three buildings. Eight individual apartments. A rare opportunity to acquire an income-producing multi-family property just steps from Historic Downtown McKinney Square - one of North Texas' most vibrant and walkable destinations. Located in rapidly growing Collin County, this unique offering places you in the heart of downtown McKinney, where festivals, fine dining, boutique shopping, and year-round events continue to draw visitors from across the region. Despite this demand, walkable boutique-style accommodations remain limited, creating a clear opportunity for thoughtful repositioning. This property is well-suited for a variety of uses, including a luxury bed and breakfast, boutique hotel, short-term rental compound, or a curated multi-family concept designed to serve the area's expanding visitor base. It also offers strong long-term rental potential and has a proven track record supporting a nonprofit housing initiative, demonstrating both income stability and flexibility for mission-driven use. The site features a historic two-story home converted into a fourplex, a five-car garage with two apartments above, and a duplex complete with on-site laundry facilities and a spacious office, ideal for management or operations. A standout feature is the abundance of on-site parking, a rare and valuable asset in downtown McKinney that enhances both functionality and guest experience. With three distinct structures and eight fully self-sufficient units on a single lot, the property offers multiple paths for income generation, repositioning, or future redevelopment. An exceptional opportunity to own a versatile asset in the heart of Historic Downtown McKinney.

Property Features

Location Information

County

Collin

Subdivision

Waddill Add

Interior Features

Interior

Eat-in Kitchen, High Speed Internet

Cooling

Central Air

Full Baths

8

Floors

Linoleum, Wood

Has Fireplace

No

Appliances

Dishwasher, Gas Oven, Microwave

Number of Fireplaces

0

Total Number of Units

8

Heating

Natural Gas

Exterior Features

Stories

2

Pool Description

None

Construction

Wood Siding

Lot Description

Corner Lot

Foundation

Block, Pillar/Post/Pier, Slab

Lot Size in Acres

0.195

Roof

Shingle

Lot Size in Sq. Ft.

8,494

Utilities

Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Buildings

3

Security System

Smoke Detector(s)

Building Total Area (Sq. Ft.)

5,960

Parking Description

Additional Parking, Driveway, Garage

Is One Story

No

Has Garage

Yes

Lot Description

Corner Lot

Garage Spaces

5

Windows Description

Window Coverings

Patio / Deck Description

Covered

School

Elementary School District

McKinney ISD

Jr. High School

Faubion

Elementary School

Burks

High School

Mckinney Boyd

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Tax Annual Amount

8673.0

Year Built

1953

Documents Available

Aerial

Similar Listings

Mortgage Calculator

$7,938

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,126

Monthly Tax

$1,416

Monthly Insurance

$396

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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