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Property Description
One lot. Three buildings. Eight individual apartments. A rare opportunity to acquire an income-producing multi-family property just steps from Historic Downtown McKinney Square - one of North Texas' most vibrant and walkable destinations. Located in rapidly growing Collin County, this unique offering places you in the heart of downtown McKinney, where festivals, fine dining, boutique shopping, and year-round events continue to draw visitors from across the region. Despite this demand, walkable boutique-style accommodations remain limited, creating a clear opportunity for thoughtful repositioning. This property is well-suited for a variety of uses, including a luxury bed and breakfast, boutique hotel, short-term rental compound, or a curated multi-family concept designed to serve the area's expanding visitor base. It also offers strong long-term rental potential and has a proven track record supporting a nonprofit housing initiative, demonstrating both income stability and flexibility for mission-driven use. The site features a historic two-story home converted into a fourplex, a five-car garage with two apartments above, and a duplex complete with on-site laundry facilities and a spacious office, ideal for management or operations. A standout feature is the abundance of on-site parking, a rare and valuable asset in downtown McKinney that enhances both functionality and guest experience. With three distinct structures and eight fully self-sufficient units on a single lot, the property offers multiple paths for income generation, repositioning, or future redevelopment. An exceptional opportunity to own a versatile asset in the heart of Historic Downtown McKinney.
Full Property Details
Full Property Details for 303 N Waddill St
General
- Price: $1,700,000
- Taxes: $8,673
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21184202
- Updated: 4/6/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet
- Appliances: Dishwasher, Gas Oven, Microwave
- Flooring: Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Total Spaces: 8
- Parking Features: Additional Parking, Driveway, Garage
Location
- County: Collin
- Subdivision: Waddill Add
- Driving Directions: Take the exit for Virginia Pkwy - Louisiana St (toward downtown McKinney). Turn right (east) onto W Virginia St. Continue straight toward the downtown square. Turn left (north) onto N Waddill St. Continue a short distance — 303 N Waddill will be on your left.
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Burks
- Middle School: Faubion
- High School: Mckinney Boyd
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Shingle
- Windows: Window Coverings
- Stories/Levels: 2
- Square Feet: 5,960
- Sq. Ft. Source: Public Records
- Living Area: 5,960 Sq. Ft.
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.195
- Lot Size (Sq. Ft.): 8,494.2
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $8,673
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: WADDILL ADDITION (CMC), BLK 8, LOT 1D
- Property ID: R0835008001D1
- Block: 8
- Lot Number: 1D
Listed by Acquisto Real Estate, Hannah Ewing
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Schools
Schools serving 303 N Waddill St
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Burks Elementary School 1801 Hill Street, McKinney, TX 75069 | K-5 | 0.2 mi |
Faubion Middle School 2000 Rollins Street, McKinney, TX 75069 | 6-8 | 0.6 mi |
Mckinney Boyd High School 600 Lk Forest Dr, McKinney, TX 75070 | 9-12 | 3 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 303 N Waddill St
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,700,000
—
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 303 N Waddill St
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$645,994
56%
2023
100%
$413,680
-1%
2022
100%
$416,375
14%
2021
100%
$364,593
19%
2020
100%
$307,135
6%
2019
-100%
$289,073
1%
2019
$6,448
41%
$285,296
48%
2018
$4,585
-1%
$192,864
1%
2017
$4,654
13%
$191,346
16%
2016
$4,104
27%
$165,317
31%
2015
$3,235
-3%
$126,379
-3%
2014
$3,347
-1%
$130,231
-1%
2013
$3,374
—
$130,944
—
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 303 N Waddill St
303 N Waddill Street, McKinney, TX 75069 (MLS# 21184202) is a Apartment property with 8 bedrooms and 8 full bathrooms. 303 N Waddill Street is currently listed for $1,700,000 and was received on April 06, 2026. Want to learn more about 303 N Waddill Street? Do you have questions about finding other Apartment real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

