This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$1,199,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Excellent opportunity to own a turnkey operating business including the property and business, located on one of the busiest roads in McKinney. This investment is ideal for both investors and owner-operators seeking a high-visibility location with strong traffic exposure. The property is situated in a prime location and features a fully operational business with the owner willing to provide training to ensure a smooth transition for the new buyer. Opportunities like this are rare, especially since the business holds two Certificates of Occupancy (COs), and obtaining new car sales COs from the city of McKinney has become increasingly difficult. The property includes office space, a bathroom, storage area, and utility room. The entire site is professionally fenced and fully concrete throughout, offering functionality, durability, and ease of operation for a variety of automotive or commercial uses.
Full Property Details
Full Property Details for 1503 S McDonald St
General
- Price: $1,199,000
- Taxes: $4,055
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21272800
- Updated: 5/19/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Auto Dealer
Interior
- Flooring: Combination, Concrete, Luxury Vinyl Plank
Parking
- Parking Features: Assigned, Asphalt, Concrete, Direct Access
Location
- County: Collin
- Subdivision: Khan - Mcdonald Add
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame, Concrete
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 913
- Sq. Ft. Source: Public Records
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.383
- Lot Size (Sq. Ft.): 16,683.48
- Lot Size Source: Public Records
- Frontage: City Street, Asphalt
- Potential Use: Automotive
- Zoning: Commercial
Financial Considerations
- Tax Amount: $4,055
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: KHAN - MCDONALD ADDITION (CMC), BLK A, LOT 1
- Inclusions: Business, Furniture, Inventory, Land & Improvements
- Property ID: R1091800A00101
- Block: A
- Lot Number: 1
Listed by Competitive Edge Realty LLC, Hayman Shwan
Get Pre-Approved Today
Schools
Schools serving 1503 S McDonald St
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Finch Elementary School 1205 South Tennessee Street, McKinney, TX 75069 | K-5 | 0.2 mi |
Dowell Middle School 301 S E Rdg Rd, McKinney, TX 75070 | 6-8 | 4.8 mi |
Mckinney High School 1400 Wilson Creek Parkway, McKinney, TX 75069 | 9-12 | 1.1 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 1503 S McDonald St
Date
Details
Price
Change
Source
5/16/2026
Listed
$1,199,000
—
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 1503 S McDonald St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,114
128%
-100%
2023
$488
100%
$62,871
130%
2022
100%
$27,346
100%
2021
—
—
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 1503 S McDonald St
1503 S McDonald Street, McKinney, TX 75069 (MLS# 21272800) is a Business property. 1503 S McDonald Street is currently listed for $1,199,000 and was received on May 16, 2026. Want to learn more about 1503 S McDonald Street? Do you have questions about finding other Business real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

