214 Colorado St, McKinney, TX 75069
- $385,000
- 2
- BD
- 1
- BA
- 1,294
- SqFt
- List Price
- $385,000
- MLS#
- 21305472
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Craftsman, Detached
- Year Built
- 1964
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 1
- Acres
- 0.25
- Living Area
- 1,294
- County
- Collin
- City
- McKinney
- Subdivision
- D F Gerrish Sub
- Number of Stories
- 1
- Architecture Style
- Craftsman, Detached
Property Description
HISTORIC MCKINNEY CHARMER – IDEAL FOR INVESTORS, FIRST-TIME BUYERS, DOWNSIZERS! Nestled in the heart of Historic McKinney, this lovingly renovated Craftsman-style cottage blends timeless character with modern updates. Thoughtfully restored and move-in ready, the home features restored original hardwood floors, high baseboards, and inviting living spaces filled with charm. Major improvements include a completely updated electrical system with a new electrical panel and breaker box, a newer HVAC system, updated flooring, and beautifully remodeled kitchen and bathroom spaces. Outside, enjoy a large, fully fenced backyard enclosed by a wood privacy fence. Additional amenities include a garage and a separate storage room, offering valuable extra space. Located in a rapidly revitalizing neighborhood, surrounding properties are being restored or replaced with new construction, enhancing the area's appeal and long-term value. For investors and first-time buyers alike, this property offers a turnkey opportunity — furniture and supplies are available for purchase, making it easy to move in or start generating income with minimal setup. It has maintained an impressive Airbnb rental history from August 2021 through the present, generating an average annual revenue of approximately $43,105, or $3,596 per month. Whether you're seeking a primary residence, a downsizing opportunity, or an investment property with established short-term rental performance, this Historic McKinney gem deserves a closer look.
/u.realgeeks.media/rodrogersrealty/header.png)
Additional Information
- Unexempt Taxes
- $6,854
- Lot Size
- 10,890
- Acres
- 0.25
- Lot Description
- Back Yard, Corner Lot, Lawn
- Interior Features
- Eat-In Kitchen, High Speed Internet, Pantry, Cable TV, Walk-In Closet(s)
- Flooring
- Carpet, Tile, Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Exterior
- Private Yard, Storage
- Garage Spaces
- 1
- Parking Garage
- Garage - Single Door, Garage Faces Front, Kitchen Level, On Site, Off Street, On Street
- School District
- Mckinney Isd
- Elementary School
- Finch
- Middle School
- Dowell
- High School
- Mckinney
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Rayford Collins from Fathom Realty. Contact: 888-455-6040