Waterfront - New Construction
Address
5314 County Road 465, McKinney, TX
Price
$ 1,495,000
Property Attributes
- MLS#21292805
- TypeSingle Family
- Listing Status Active
- CountyCOLLIN
- CityMcKinney
- NeighborhoodABS A0162 Carter T Clift Survey - Sheet 2 - TRA
- Zip75071
- StyleTraditional
- Year Built1952
- Taxes$ 4110
- Price$ 1,495,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1934
- Lot Size10.44 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Caldwell Elementary School |
| Price History | |
|---|---|
| 6/13/2026 | Listed $1,495,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Septic |
| Possession | Negotiable |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Range,Microwave,Refrigerator |
| current use | Agricultural,Residential |
| Number of Garage Spaces | 2 |
| Restrictions | No Known Restriction(s) |
| School District | McKinney ISD |
| Year Built | 1952 |
| Architectural Style | Traditional |
| Levels | Two |
| AG Exemption | Yes |
| Unexempt Taxes | 4110 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | ABS A0162 Carter T Clift Survey,Sheet 2,TRA |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Collin |
| Property Type | Residential |
| Construction Materials | Fiber Cement |
| Year Built Details | Preowned |
| Accessory Unit Type | Guest Quarters |
| Accessory Unit Y/N | Yes |
| HOA Type | None |
| Special Notes | Aerial Photo |
| Number Of Wells | 1 |
| Full Baths | 2 |
| Status | Active |
| Directions | Navigate to: 5252 County Road 465,Mckinney. East on US 380 (University Drive). Exit 41 of I-75. East approx. 5-6 miles to New Hope Road (Farm Road 1827). Go North to County Road 468. Stay Tour at |
| City | McKinney |
| Other Equipment | Call Listing Agent |
| Elementary School Name | Caldwell |
| High School | Mckinney |
| Elementary School | Caldwell |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21292805 |
| Virtual Tour URL Branded | www.zillow.com/view-imx/e0aa01d1-bb44-477f-90fd-66b6d61e3ce8?wl=true&setAttribution=mls&initialViewType=pano |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,VA Loan |
Interior Features
| Interior Features | High Speed Internet Available,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Luxury Vinyl Plank |
| Dining Areas | 1 |
| Living Areas | 3 |
| Number Of Residences | 2 |
| Room Count | 12 |
| Lock Box Type | Blue BT LE |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,Full Size W/D Area,Dryer Hookup |
Exterior Features
| Waterfront | Yes |
|---|---|
| Lot Features | Acreage,Interior Lot,Irregular Lot,Landscaped,Many Trees,Oak,Waterfront |
| Vegetation | Cleared,Heavily Wooded,Partially Wooded |
| Lot Size Source | Appraiser |
| Parking Features | Driveway,Garage Door Opener,Garage Faces Side,Storage |
| WaterFront Features | Creek |
| Lot Size | 10 to < 50 Acres |
| Covered Spaces | 2 |
| Foundation | Bois DArc Post |
| Lot Size Area | 10.4400 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 454766.4000 |
| Lot Size Acres | 10.4400 |
| Road Surface Type | Asphalt |
| Patio And Porch Features | Deck,Front Porch,Patio |
| Attached Garage Y/N | Yes |
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
Property vs Single Family Average in 75071
Price
Taxes
Year Built
Visits
© 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 M&D Real Estate - Forney 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
