Price Reduction
Listed By:
Karola Realty
Address
1018 N College Street, McKinney, TX
Price
$ 225,000
Property Attributes
  • MLS#21371715
  • TypeSingle Family
  • Listing Status Active
  • CountyCOLLIN
  • CityMcKinney
  • NeighborhoodWhites Add
  • Zip75069
  • StyleTraditional
  • Year Built1960
  • Taxes$ 3410
  • Price$ 225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1815
  • Lot Size0.294 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

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 0.29 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 conveys AS-IS. It comes with the main house plus a converted garage building with storage, 2 bedr and 2 baths. Buyer and buyer's agent to verify all development potential, zoning, dimensions, restrictions and feasibility.

Elementary School
Caldwell Elementary School
Price History
8/28/2026 Listed $245,000
9/8/2026 9$225,000

General Features

Utilities City Sewer,City Water,Curbs,Electricity Available,Underground Utilities
Possession Closing/Funding
Appliances Other
Number of Garage Spaces 2
Restrictions Deed
School District McKinney ISD
Year Built 1960
Architectural Style Traditional
Levels Two
Unexempt Taxes 3410
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name Whites Add
Transaction Type For Sale
Occupant Type Vacant
County Collin
Property Type Residential
Construction Materials Wood
Year Built Details Preowned
Accessory Unit Type Other
Accessory Unit Y/N Yes
HOA Type None
Status Active
Directions use navigation
City McKinney
Elementary School Name Caldwell
High School Mckinney Boyd
Elementary School Caldwell
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21371715
Standard Status Active
Listing Terms 1031 Exchange,Cash

Interior Features

Interior Features Other
Fireplace Features Other
Fireplaces Total 1
Lock Box Type Combo

Exterior Features

Lot Features Interior Lot
Fencing Chain Link,Wood
Lot Size Source Public Records
Parking Features Garage Faces Front
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 1
Lot Size Area 0.2940
Lot Size Units Acres
Structural Style Historical/Conservation Dist.
Garage Y/N Yes
Lot Size Square Feet 12806.6400
Lot Size Acres 0.2940

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 75069

Price
AVG $770K
$230K
Taxes
AVG $9,924
$3,410
Year Built
AVG 1991
1960
Visits
AVG 177
14
Data Provided by Inside Real Estate®

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