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About the Listing ACQR01C - 0716543
One lot. Three buildings. Eight individual apartments. A rare opportunity to acquire an income-producing multi-family property just steps from Historic Downtown McKinney Square - one of North Texas’ most vibrant and walkable destinations. Located in rapidly growing Collin County, this unique offering places you in the heart of downtown McKinney, where festivals, fine dining, boutique shopping, and year-round events continue to draw visitors from across the region. Despite this demand, walkable boutique-style accommodations remain limited, creating a clear opportunity for thoughtful repositioning. This property is well-suited for a variety of uses, including a luxury bed and breakfast, boutique hotel, short-term rental compound, or a curated multi-family concept designed to serve the area’s expanding visitor base. It also offers strong long-term rental potential and has a proven track record supporting a nonprofit housing initiative, demonstrating both income stability and flexibility for mission-driven use. The site features a historic two-story home converted into a fourplex, a five-car garage with two apartments above, and a duplex complete with on-site laundry facilities and a spacious office, ideal for management or operations. A standout feature is the abundance of on-site parking, a rare and valuable asset in downtown McKinney that enhances both functionality and guest experience. With three distinct structures and eight fully self-sufficient units on a single lot, the property offers multiple paths for income generation, repositioning, or future redevelopment. An exceptional opportunity to own a versatile asset in the heart of Historic Downtown McKinney.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances: Dishwasher, Gas Oven, Microwave
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces: 0
- Floor: Linoleum,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Eat-in Kitchen,High Speed Internet Available
- Water:
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: 5 car
- Parking Spaces: 8
- Roof: Shingle
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Driveway,Garage
Financial Details
- Tax Amount: $8,673
- Taxes w/Assessments: N/A
- Tax/Property ID: R0835008001D1
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
303 N Waddill St McKinney, TX 75069
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