5314 COUNTY ROAD 465, MCKINNEY, TX 75071

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Active

List Price$1,495,000

5314 County Road 465

McKinney, TX 75071

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Listing #21292805

3

Bedrooms

2 full

Bathrooms

1,934

Square Feet

House

Type

About This Property

2 Homes, 3rd Homesite Ready to Build on! , Endless Possibilities! Can be used for Residential or Commercial. 10.44 acres, Ag-exempt, unrestricted in unincorporated Collin County has 2 residences to live in now plus a 3rd cleared site equipped with septic, electricity and water - a valuable head start on the new construction of your main dream home or business saving you time and cost compared to building on raw land. Huge range of use possibilities -private estate, family compound, working farm, equestrian use, long term income producing Air B & B, venue, or business. The history here dates back to the early 1800's Altoga settlement which included a former cotton mill and silent movie theater that stood on these grounds until 2019. Today the property is home to award winning honey bees who won First Place at the State Fair of Texas 3 times since 2022. 2 homes give this property so much versatility and a total of 3 beds and 2 baths. The guest house features 2 beds, 1 bath, 2 living areas, new flooring, fresh interior paint, a new roof, oversized deck and patio, two-car garage, RV hookup, and garden shed. 2nd residence, a lovely 2 level barn cottage has 1 bed, 1 bath and the inside character of a historic English cottage, lovely fire pit and patio area as well as a private balcony to enjoy a morning coffee and admire your beautiful surroundings. Well suited for guests, multigenerational living or an an income producer. The bottom floor is air conditioned, wired and remains unfinished for you to complete as you wish. Property grounds feature stunning landscaping, a year-round creek, wooden foot bridge, 5 acres of walking trails, mature pecan and oak trees - minutes from historic downtown McKinney, and daily shopping. If you've always craved space, beautiful scenery and the unlimited options to create the life of your dreams, this is the one. Private Showing Available.

Property Features

Location Information

County

Collin

Subdivision

ABS A0162 Carter T Clift Survey, Sheet 2, TRA

Interior Features

Rooms

Second Floor Full Bath, Second Floor Kitchen, Living Room, Second Floor Primary Bedroom

Number of Fireplaces

0

Interior

High Speed Internet, Walk-In Closet(s)

Heating

Central, Electric

Master Bedroom Description

13 x 9

Cooling

Central Air, Ceiling Fan(s), Electric

Full Baths

2

Floors

Carpet, Luxury Vinyl Plank

Living Room Description

11 x 16

Laundry

Dryer Hookup, ElectricDryer Hookup

Kitchen Description

4 x 10

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator

Has Fireplace

No

Exterior Features

Style

Traditional, Detached

Pool Description

None

Stories

2

Lot Description

Acreage, Hardwood Trees, Interior Lot, Irregular Lot, Landscaped, Many Trees, Waterfront

Construction

Fiber Cement

Lot Size in Acres

10.44

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

454,766

Roof

Shingle

Current Use

Agricultural, Residential, Single Family

Utilities

Septic Available

Road Description

Asphalt

Parking Description

Driveway, Garage, Garage Door Opener, Garage Faces Side, Storage

Waterfront Description

Creek, Waterfront

Has Garage

Yes

Has Waterfront

Yes

Garage Spaces

2

Is One Story

No

Patio / Deck Description

Deck, Front Porch, Patio

Lot Description

Acreage, Hardwood Trees, Interior Lot, Irregular Lot, Landscaped, Many Trees, Waterfront, Creek, Waterfront

School

Elementary School District

McKinney ISD

Jr. High School

Faubion

Elementary School

Caldwell

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

4110.0

Property SubType

Single Family Residence

Documents Available

Aerial

Year Built

1952

Lot Acres Source

Appraiser

Similar Listings

Mortgage Calculator

$6,980

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,387

Monthly Tax

$1,245

Monthly Insurance

$348

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.

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