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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
0.27 Acres
Status: pending | Days on site: 38
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KAR01C - 0710228
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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. Per the city, the original home may date back to the early 1900s. The home and secondary building sit on approximately 0.268 acres. This property offers an unusually flexible configuration with access from N College Street and S Sherman Street, creating potential for a variety of future development concepts, subject to city requirements for the Historic District. The existing home is offered AS-IS and is best suited for an investor, builder or developer looking to capitalize on the location rather than purchase a traditional residential property. Dual-street access and the prominent location create possibilities that may not be available with a typical interior lot. Located in 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 continues to prioritize Downtown reinvestment while emphasizing preservation of its historic character and thoughtful infill and redevelopment. Bring your vision. Properties combining Historic Downtown location, land value and access from two streets are rarely available. Existing structures convey AS-IS. Includes the main house plus a converted garage building with storage, 2 bedrooms and 2 baths. Buyer and Buyer’s Agent must verify with the City of McKinney zoning, permitted uses, development potential, restrictions, lot dimensions (no survey on hand), access, development requirements and feasibility of intended use.

Highlights

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

Property Type

Vacant Land

Lot/Acreage
0.27

Year Built

1960

County

Collin

Neighborhood

Whites Add

School District

McKinney ISD

Listing ID

21371718

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Interior Features

Exterior Features

Lot:Interior Lot,Less Than .5 Acre (not Zero)
Lot Dimensions:87.5 x 133.56
Zoning:McKinney Historical District, Residential
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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