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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1018 N College St , McKinney, TX 75069
$225,000
Est. Payment: $1,245.42/mo
1815 Sqft
0.27 Acres
Status: pending | Days on site: 33
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House 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 0.268 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 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.

Highlights

Listed by Karola Sajuns , Karola Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.27

Year Built

1960

County

Collin

Neighborhood

Whites Add

School District

McKinney ISD

Listing ID

21371715

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Interior Features

Exterior Features

Lot:Interior Lot,Less Than .5 Acre (not Zero)
Lot Dimensions:133.56 x 87.50
Others:
  • ▪ Additional:Preowned
Parking Features:Garage Faces Front
Principal Interest
$1,245
Taxes
$284

Home Price

$225,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,245.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,245.42 $284.17 $0.00 $1,529.59
Yearly $14,945.09 $3,410.00 $0.00 $18,355.09
Total $448,352.71 $102,300.00 $0.00 $550,652.71

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (McKinney, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T16:04:52.320Z

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