214 Colorado Street Mckinney, TX 75069
2 Beds
1 Bath
1,294 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,294 sqft
Subdivision D F Gerrish Sub
MLS Listing ID 21305472
Style Craftsman
Bedrooms 2
Full Baths 1
HOA Y/N None
Year Built 1964
Annual Tax Amount $6,854
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Collin
Direction GPS works very well. From HWY 75, take Virginia, South on McDonald (HWY5), Turn Right on Colorado, house will be on the Left. From HWY 5 (McDonald), turn Left on Colorado.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Pantry, Walk-In Closet(s)
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Wood
Appliance Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Heat Source Central, Natural Gas
Laundry Stacked W/D Area
Exterior
Exterior Feature Covered Patio/Porch, Private Yard, Storage
Garage Spaces 1.0
Fence Back Yard, Fenced, Wood
Utilities Available Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Phone Available
Roof Type Composition
Total Parking Spaces 1
Garage Yes
Building
Lot Description Corner Lot, Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Wood
Schools
Elementary Schools Finch
Middle Schools Dowell
High Schools Mckinney
School District Mckinney Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Historical
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21305472
Nearby Locations