505 S CHESTNUT STREET, MCKINNEY, TX 75069
Homes for sale in Mckinney.
Homes for sale in 75069.
505 S Chestnut Street
McKinney, TX 75069
List Price$400,000
Listing #20728240
About This Property
The property is zoned BN . Business Neighborhood. , The lot is in a prime area with the redevelopment of the HWY 5 corridor in McKinney. The lot is 11,717 sq ft. Currently there is a 1552 sq ft home located on the lot, this has great potential for a rental property. The buyer can rent out this property until the property is developed to commercial.. This is a great opportunity to purchase an investment property on HWY 5. Just across the street, a Starbucks is being built. The new City Hall of McKinney is located just north of this location along with a Mixed use development. Just south of this location is a Strip retail center under construction. Schedule your tour today.
Property Features
Location Information
County
Collin
Subdivision
Shorts Add
Interior Features
Has Fireplace
No
Floors
Wood
Heating
Natural Gas
Tenant Pays
All Utilities
Cooling
Wall/Window Unit(s)
Total Number of Units
1
Exterior Features
Construction
Frame, Wood Siding
Lot Size in Sq. Ft.
11,717
Foundation
Pillar/Post/Pier
Possible Best Use
Other
Roof
Composition
Zoning
BN
Water / Sewer
Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
1,552
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Road Description
City Street, Highway
Parking Description
Carport, Driveway
Is One Story
No
Lot Size in Acres
0.269
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
3576.0
Property SubType
Retail
Lot Acres Source
Assessor
Year Built
1915
Similar Listings
Mortgage Calculator
$1,867
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,441
Monthly Tax
$333
Monthly Insurance
$93
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
Listing courtesy of
Wesley Haile, Russell Realty
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NTREIS - North Texas data last updated at January 30, 2026, 4:11 PM CT
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