Date
Details
Price
Change
Source
4/21/2026
Listed
$2,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,490,000 Just Listed
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Property Description
Located in the prestigious Chancellor Creek, this extraordinary estate offers a rare blend of scale, privacy, and resort-style living on nearly 1.5 acres. Just minutes from Stonebridge Ranch Country Club, the property delivers an unmatched lifestyle in one of McKinney's most sought-after communities. Designed for both grand entertaining and everyday comfort, the main residence spans with expansive living areas, soaring ceilings, and refined finishes throughout. The chef's kitchen is equipped for elevated hosting, seamlessly connecting to multiple gathering spaces, a media room, and a custom bar area that invites unforgettable evenings at home. A standout feature of the property is the fully equipped guest residence, offering two full size bedrooms each with a private bathroom, private balcony overlooking the backyard, large upstairs mixed use living area, and its own kitchen and living quarters-ideal for multigenerational living, long-term guests, or income-producing opportunities. The primary suite serves as a true retreat, offering generous space and privacy, while additional bedrooms provide flexibility for family, guests, or work-from-home needs. Step outside to your own private resort-complete with a pool and spa, covered outdoor living area, and a sprawling backyard with endless possibilities for recreation and entertaining. Car enthusiasts and entertainers alike will appreciate the expansive 6-car garage, with 10 ft clearance for large vehicles, circular drive, and additional space designed for convenience and function. Zoned to highly acclaimed McKinney Independent School District, this one-of-a-kind estate delivers luxury, versatility, and privacy-all in a prime location.
Full Property Details
Full Property Details for 1501 Chancellor Ln
General
- Price: $2,490,000
- HOA FEE: $67/month
- HOA FEE FREQ.: Annually
- Taxes: $32,407
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21245973
- Updated: 4/21/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas
- Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Wine Cooler
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Additional Information
- Pool: Yes
- Pool Description: Outdoor Pool, Pool, Waterfall
- Equipment: Home Theater
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 6
- Parking Features: Driveway
Location
- County: Collin
- Subdivision: Chancellor Creek
- Driving Directions: From Dallas North Tollway, take the exit toward Eldorado Parkway and head east. Continue on Eldorado Pkwy, then turn left onto Lake Forest Drive. Turn right onto Chancellor Drive, then left onto Chancellor Lane. The property will be on your left.
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Walker
- Middle School: Faubion
- High School: Mckinney
Community
- Association: Yes
- Assoc. Name: Chancellor Creek
- Assoc. Fees Include: Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 2
- Living Area: 9,011 Sq. Ft.
- Year Built: 2004
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 1.497
- Lot Size (Sq. Ft.): 65,209.32
- Lot Features: Acreage
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $800
- Assoc Fee Freq.: Annually
- Tax Amount: $32,407
Disclosures and Reports
- Legal Description: CHANCELLOR CREEK (CMC), BLK A, LOT 13R; * REP
- Property ID: R452400A013R1
- Block: A
- Lot Number: 13R
Listed by Solto Realty, Rafael Chavez
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1501 Chancellor Ln —
Rafael Chavez
Solto Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1501 Chancellor Ln
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Roy Lee Walker Elementary School 4000 Cockrill Dr, McKinney, TX 75070 | K-5 | 0.7 mi |
Faubion Middle School 2000 Rollins Street, McKinney, TX 75069 | 6-8 | 2.3 mi |
Mckinney High School 1400 Wilson Creek Parkway, McKinney, TX 75069 | 9-12 | 1.9 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 1501 Chancellor Ln
Tax History
Tax History for 1501 Chancellor Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,362
18%
$1,854,830
-20%
2023
$25,803
-5%
$2,310,504
24%
2022
$27,270
—
$1,859,300
18%
2022
$27,270
3%
$1,572,783
24%
2021
$26,443
-4%
$1,266,874
1%
2020
$27,484
-11%
$1,250,295
-8%
2019
$30,844
3%
$1,364,698
8%
2018
$29,978
-2%
$1,261,069
—
2017
$30,594
8%
$1,257,865
10%
2016
$28,389
7%
$1,143,514
10%
2015
$26,612
9%
$1,039,558
10%
2014
$24,342
9%
$947,183
10%
2013
$22,261
—
$863,935
—
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 1501 Chancellor Ln
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1501 Chancellor Lane, McKinney, TX 75072 (MLS# 21245973) is a Single Family property with 7 bedrooms, 7 full bathrooms and 1 partial bathroom. 1501 Chancellor Lane is currently listed for $2,490,000 and was received on April 21, 2026. Want to learn more about 1501 Chancellor Lane? Do you have questions about finding other Single Family real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.