Property Attributes
- MLS#21300855
- TypeSingle Family
- Listing Status Active
- CountyCOLLIN
- CityMcKinney
- NeighborhoodWaddill Add
- Zip75069
- StyleSingle Family Residence
- Year Built1953
- Taxes$ 8673
- Price$ 1,500,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage5960
- Lot Size0.195 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Multi-family investment opportunity in the heart of historic downtown McKinney. Listing is for 3 properties - 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, non-profit housing, 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.
| Elementary School |
|---|
| Burks Elementary School |
| Price History | |
|---|---|
| 6/15/2026 | Listed $1,500,000 |
General Features
| Heating | Natural Gas |
|---|---|
| Complex Name | none |
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter |
| Possession | Closing/Funding |
| Roof | Shingle |
| Appliances | Dishwasher,Gas Oven,Microwave |
| Easements | Utilities |
| Number of Garage Spaces | 5 |
| School District | McKinney ISD |
| Year Built | 1953 |
| Levels | Two |
| Unexempt Taxes | 8673 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Waddill Add |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Collin |
| Property Type | Residential |
| Security Features | Smoke Detector(s) |
| Construction Materials | Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| Special Notes | Aerial Photo |
| Full Baths | 8 |
| Status | Active |
| Directions | Take the exit for Virginia Pkwy - Louisiana St (toward downtown McKinney). Turn right (east) onto W Virginia St. Continue straight toward the downtown square. Turn left (north) onto N Waddill St. |
| City | McKinney |
| Elementary School Name | Burks |
| High School | Mckinney Boyd |
| Elementary School | Burks |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21300855 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Eat-in Kitchen,High Speed Internet Available |
|---|---|
| Flooring | Linoleum,Wood |
| Dining Areas | 8 |
| Living Areas | 8 |
| Room Count | 30 |
| Lock Box Type | None |
| Total Bedrooms | 8 |
| Total Baths | 8 |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Additional Parking,Driveway,Garage |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 5 |
| Foundation | Block,Pillar/Post/Pier,Slab |
| Lot Size Area | 0.1950 |
| Lot Size Units | Acres |
| Structural Style | Apartment |
| Garage Y/N | Yes |
| Lot Size Square Feet | 8494.2000 |
| Lot Size Acres | 0.1950 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor eXp Realty in Metrotex shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real