1018 N College Street, Mckinney, TX 75069
1018 N College Street, Mckinney, TX 75069
1018 N College Street, Mckinney, TX 75069
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$245,000
Est. payment /mo
1,815 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,815 sqft

Subdivision Whites Add

MLS Listing ID 21371715

Style Traditional

HOA Y/N None

Year Built 1960

Annual Tax Amount $3,410

Lot Size 0.294 Acres

Acres 0.294

Property Sub-Type Single Family Residence

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.

Location

State TX

County Collin

Direction use navigation

Rooms

Dining Room 0

Interior

Interior Features Other

Fireplaces Number 1

Fireplaces Type Other

Appliance Other

Exterior

Garage Spaces 2.0

Fence Chain Link, Wood

Utilities Available City Sewer, City Water, Curbs, Electricity Available, Underground Utilities

Total Parking Spaces 1

Garage Yes

Building

Lot Description Interior Lot

Story Two

Level or Stories Two

Structure Type Wood

Schools

Elementary Schools Caldwell

Middle Schools Faubion

High Schools Mckinney Boyd

School District Mckinney Isd

Others

Restrictions Deed

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21371715


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Karola Sajuns • Karola Realty

NEARBY SCHOOL & BUSINESS

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Omega Mejia

Omega Mejia

+1(214) 620-3581

#1 Real Estate Agent License ID: 0791400

#1 Real Estate Agent License ID: 0791400

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