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$459,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 0.25 Acres
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MOTIVATED SELLER - PRICE REDUCED. Located just steps from Historic Downtown McKinney Square, 503 Smith offers a rare opportunity to own a fully renovated 1950s home with residential and commercial zoning. Taken down to the studs and thoughtfully rebuilt, this property blends original character with modern updates. The open-concept floor plan features cedar beams and a spacious living area filled with natural light. The kitchen includes stainless steel appliances, gas range, oversized island with seating, walk-in pantry, built-in desk or coffee bar, and updated finishes. The home offers 4 bedrooms and 3 full bathrooms, including two primary suites, providing flexible living options for multi-generational needs, guests, or workspace configuration. Situated on a versatile lot with no HOA, the property allows for a variety of potential uses consistent with zoning regulations. Buyer to verify permitted uses with the City of McKinney. Move-in ready and conveniently located within walking distance to shopping, dining, and community events. Seller will install a privacy fence with an acceptable offer. Schedule a showing to explore the possibilities this property offers.

Full Property Details for 503 Smith St

General

  • Price: $459,000
  • Taxes: $2,734
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 20872280
  • Updated: 2/12/2026
  • Added to Site: 351 day(s) ago

Interior

  • Interior Features: Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Master Suites, Open Floorplan, Other, Pantry, Vaulted Ceiling(s)
  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Porch/Patio/Deck: Covered

Parking

  • Covered Spaces: 2
  • Parking Features: Concrete, Driveway

Location

  • County: Collin
  • Subdivision: Mckinney Outlots
  • Driving Directions: GPS

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating Type: Central, Natural Gas, Space Heater

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: A-Frame, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Board & Batten Siding
  • Roof: Composition
  • Stories/Levels: 1
  • Living Area: 1,864 Sq. Ft.
  • Year Built: 1950

Additional Structures

  • Other Structures: Greenhouse, Other

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Frontage: All Weather Road
  • Sidewalks: Yes
  • Lot Features: Interior Lot, Irregular Lot, Landscaped
  • Fencing (Description): Back Yard, Chain Link

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $2,734
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Legal Description: MCKINNEY OUTLOTS (CMC), LOT 771A
  • Property ID: R0926000771A1
  • Lot Number: 771A

Listed by Exp Realty, Rachel Boston

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Listing agent

— 503 Smith St —

  • Rachel Boston

    Exp Realty

214-697-7706

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 Smith St

School District:McKinney Independent School District
NameGradesDistance
Caldwell Elementary School, McKinney, TX
601 West Louisiana Street, McKinney, TX 75069
K-50.8 mi
Faubion Middle School
2000 Rollins Street, McKinney, TX 75069
6-81.3 mi
Mckinney Boyd High School
600 Lk Forest Dr, McKinney, TX 75070
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 Smith St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2025
Price Reduced
$459,000
-6.13%
MLS
7/11/2025
Price Reduced
$489,000
-2.18%
MLS
4/14/2025
Price Reduced
$499,900
-2.91%
MLS
3/22/2025
Price Reduced
$514,900
-1.91%
MLS
3/17/2025
Listed
$524,900
—
MLS
Get Price Alerts and Save Property
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 for 503 Smith St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,255
19%
$408,464
72%
2023
$2,734
4%
$237,494
55%
2022
$2,621
—
$153,131
17%
2022
$2,621
2718%
$130,785
27%
2021
$93
60%
$102,668
6%
2020
$58
-96%
$96,565
49%
2019
$1,462
5%
$64,694
10%
2018
$1,398
8%
$58,813
10%
2017
$1,300
8%
$53,466
10%
2016
$1,207
7%
$48,605
10%
2015
$1,131
10%
$44,186
10%
2014
$1,032
10%
$40,169
10%
2013
$941
—
$36,517
—
View All
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 for 503 Smith St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Exp Realty, Rachel Boston

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503 Smith Street, McKinney, TX 75069 (MLS# 20872280) is a Single Family property with 4 bedrooms and 3 full bathrooms. 503 Smith Street is currently listed for $459,000 and was received on March 17, 2025. Want to learn more about 503 Smith Street? 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.

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