1018 N College Street, McKinney, Texas

$225,000

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0.29

Acres

About 1018 N College Street

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 0.29 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.

Features of 1018 N College Street

MLS® # 21371718
Price $225,000
Acres 0.29
Year Built 1960
Type Land
Sub-Type Improved Land
Status Active

Community Information

Address 1018 N College Street
Subdivision Whites Add
City McKinney
County Collin
State Texas
Zip Code 75069-2674

Amenities

Utilities City Sewer, City Water, Curbs, Electricity Available, Underground Utilities
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Interior Lot

School Information

District McKinney ISD
Elementary Caldwell
Middle Faubion
High Mckinney Boyd

Additional Information

Zoning McKinney Historical District, Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentKarola Sajuns
OfficeKarola Realty

Listing Map

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