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$225,000
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Property 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 0.29 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.
Full Property Details
Full Property Details for 1018 N College St
General
- Price: $225,000
- Taxes: $3,410
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21371718
- Updated: 9/21/2026
- Added to Site: 25 day(s) ago
Location
- County: Collin
- Subdivision: Whites Add
- Driving Directions: use navigation
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Caldwell
- Middle School: Faubion
- High School: Mckinney Boyd
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
- Year Built: 1960
Additional Structures
- Other Structures: Garage(s), Second Residence, Residence
Lot Features
- Lot Size (Acres): 0.294
- Lot Size (Sq. Ft.): 12,806.64
- Lot Size Source: Public Records
- Lot Dimensions: 96 x 135
- Frontage: City Street, Concrete
- Lot Features: Interior Lot, Subdivided, City Lot
- Development Status: Streets Installed, Zoned
- Zoning: McKinney Historical District, Residential
- Fencing (Description): Chain Link, Wood
Financial Considerations
- Tax Amount: $3,410
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Legal Description: WHITES ADDITION (CMC), BLK 5, LOT 11
- Disclosures/Rstr.: Deed Restriction, Historical
- Property ID: R084000501101
- Block: 5
- Lot Number: 11
Listed by Karola Realty, Karola Sajuns
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Schools
Schools serving 1018 N College St
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Caldwell Elementary School, McKinney, TX 601 West Louisiana Street, McKinney, TX 75069 | K-5 | 0.7 mi |
Faubion Middle School 2000 Rollins Street, McKinney, TX 75069 | 6-8 | 0.7 mi |
Mckinney Boyd High School 600 Lk Forest Dr, McKinney, TX 75070 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1018 N College St
Date
Details
Price
Change
Source
9/08/2026
Price Reduced
$225,000
-8.16%
MLS
8/28/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1018 N College St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,768
4%
$195,170
-28%
2023
$1,697
-29%
$272,744
16%
2022
$2,394
—
$235,005
20%
2022
$2,394
-3%
$196,517
43%
2021
$2,471
6%
$137,586
1%
2020
$2,327
-7%
$136,098
24%
2019
$2,490
5%
$110,168
10%
2018
$2,381
7%
$100,153
10%
2017
$2,215
8%
$91,048
10%
2016
$2,055
7%
$82,771
10%
2015
$1,926
10%
$75,246
10%
2014
$1,758
10%
$68,405
10%
2013
$1,602
—
$62,186
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1018 N College St
1018 N College Street, McKinney, TX 75069 (MLS# 21371718) is a Lots/Land property with a lot size of 0.294 acres. 1018 N College Street is currently listed for $225,000 and was received on August 28, 2026. Want to learn more about 1018 N College Street? Do you have questions about finding other Lots/Land real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

