506 N CHESTNUT STREET, MCKINNEY, TX 75069

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.