INVESTOR or DEVELOPMENT OPPORTUNITY IN HISTORIC DOWNTOWN McKINNEY! Rare opportunity to acquire a property in the highly sought-after Historic McKinney district where the value is primarily in the land and its development potential. Situated on approximately 0.268 acres, this property offers an unusually flexible configuration with access from N College Street as well as S Sherman Street, creating potential for a variety of future development concepts. Buyer to independently verify zoning, permitted uses, access, utilities, development requirements and all other information with the City of McKinney.
The existing home is being offered AS-IS and is best suited for an investor, builder or developer looking to capitalize on the location rather than simply purchase a traditional residential property. The dual-street access and prominent location create possibilities that may not be available with a typical interior lot.
Located in the Historic Downtown McKinney, one of North Texas' most distinctive urban districts, the property is surrounded by preserved historic architecture, locally owned shops, restaurants, galleries, entertainment and year-round events. It is known for its walkable atmosphere & unique blend of historic character and modern energy, with more than 120 locally owned businesses and a vibrant cultural scene.
The City of McKinney has made continued reinvestment in Downtown a priority while emphasizing preservation of its historic character and encouraging thoughtful infill and redevelopment. Bring your vision. Properties with this combination of Historic Downtown location, land value and access from two streets are rarely available. Existing structure ...
| Listing Id: | 21371715 |
|---|---|
| List Price: | $225,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Closed |
| Living Area: | 1,815 |
| Unexempt Taxes: | $3,410 |
| Lot Size Square Feet: | 11,674.0800 |
| Lot Size Acres: | 0.268 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | McKinney |
| County Or Parish: | Collin |
| Subdivision Name: | Whites Add |
| Postal Code: | 75069 |
| Year Built: | 1960 |
| Accessibility Features Yn: | No |
| Accessory Unit Sf: | 400 |
| Accessory Unit Type: | Other |
| Accessory Unit?: | Yes |
| Appliances: | Other |
| Association Type: | None |
| Attached Garage?: | No |
| Basement Yn: | No |
| Buyer Financing: | Cash |
| Consent for Visitors to Record: | Audio, Video |
| Construction Materials: | Wood |
| Covered Spaces: | 1 |
| Directions: | use navigation |
| Elementary School: | Caldwell |
| Elementary School Name: | Caldwell |
| Fencing: | Chain Link, Wood |
| Fireplace Features: | Other |
| Fireplaces Total: | 1 |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| High School Name: | Mckinney Boyd |
| Interior Features: | Other |
| Levels: | Two |
| Listing Terms: | 1031 Exchange, Cash |
| Room Count: | 0 |
| Lot Features: | Interior Lot |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.2680 |
| Lot Size Dimensions: | 133.56 x 87.50 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Middle School Name: | Faubion |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | Video |
| Number Of Living Areas: | 0 |
| Number Of Parking Spaces: | 2 |
| Parking Features: | Garage Faces Front |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 2674 |
| Property Attached?: | No |
| Restrictions: | Deed |
| School District: | McKinney ISD |
| Senior Community Yn: | No |
| Smart Home Features Appor Pass Y: | 0 |
| Structural Style: | Historical/Conservation Dist. |
| Transaction Type: | For Sale |
| Utilities: | City Sewer, City Water, Curbs, Electricity Available, Underground Utilities |
| Will Subdivide: | Yes |
| Year Built Details: | Preowned |
Listing Courtesy of: Karola Realty
Listing Agent: Karola Sajuns
(214) 529-7142
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North Texas Real Estate Information Systems, Inc. data last updated on October 29, 2026 03:07 AM - CT
Property Last Updated: October 29, 2026 03:07 AM - CT
