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$1,495,000
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Property Description
2 Homes, 3rd Homesite Ready to Build on! , Endless Possibilities! Can be used for Residential or Commercial. 10.44 acres, Ag-exempt, unrestricted in unincorporated Collin County has 2 residences to live in now plus a 3rd cleared site equipped with septic, electricity and water - a valuable head start on the new construction of your main dream home or business saving you time and cost compared to building on raw land. Huge range of use possibilities -private estate, family compound, working farm, equestrian use, long term income producing Air B & B, venue, or business. The history here dates back to the early 1800's Altoga settlement which included a former cotton mill and silent movie theater that stood on these grounds until 2019. Today the property is home to award winning honey bees who won First Place at the State Fair of Texas 3 times since 2022. 2 homes give this property so much versatility and a total of 3 beds and 2 baths. The guest house features 2 beds, 1 bath, 2 living areas, new flooring, fresh interior paint, a new roof, oversized deck and patio, two-car garage, RV hookup, and garden shed. 2nd residence, a lovely 2 level barn cottage has 1 bed, 1 bath and the inside character of a historic English cottage, lovely fire pit and patio area as well as a private balcony to enjoy a morning coffee and admire your beautiful surroundings. Well suited for guests, multigenerational living or an an income producer. The bottom floor is air conditioned, wired and remains unfinished for you to complete as you wish. Property grounds feature stunning landscaping, a year-round creek, wooden foot bridge, 5 acres of walking trails, mature pecan and oak trees - minutes from historic downtown McKinney, and daily shopping. If you've always craved space, beautiful scenery and the unlimited options to create the life of your dreams, this is the one. Private Showing Available.
Full Property Details
Full Property Details for 5314 Co Rd 465
General
- Price: $1,495,000
- Taxes: $4,110
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21292805
- Updated: 7/13/2026
- Added to Site: 73 day(s) ago
Interior
- Interior Features: High Speed Internet, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Dryer Hookup, ElectricDryer Hookup
Additional Information
- Equipment: Call Listing Agent
Exterior
- Porch/Patio/Deck: Deck, Front Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Side, Storage
Location
- County: Collin
- Subdivision: ABS A0162 Carter T Clift Survey, Sheet 2, TRA
- Driving Directions: Navigate to: 5252 County Road 465, Mckinney. East on US 380 (University Drive). Exit 41 of I-75. East approx. 5-6 miles to New Hope Road (Farm Road 1827). Go North to County Road 468. Stay Tour at 5252 County Road 465, McKinney. Please Use 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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Utility Description: Septic Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Fiber Cement
- Roof: Shingle
- Stories/Levels: 2
- Living Area: 1,934 Sq. Ft.
- Current Bldg. Use: Agricultural, Residential, Single Family
- Year Built: 1952
Lot Features
- Lot Size (Acres): 10.44
- Lot Size (Sq. Ft.): 454,766.4
- Lot Size Source: Appraiser
- Lot Features: Acreage, Hardwood Trees, Interior Lot, Irregular Lot, Landscaped, Many Trees, Waterfront
- Trees/Vegetation: Cleared, Heavily Wooded, Partially Wooded
Water Features
- Water Front: Yes
- Water Front Desc.: Creek, Waterfront
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,110
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ABS A0162 CARTER T CLIFT SURVEY, SHEET 2, TRA
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R616200202101
- Block: 2
Listed by RE/MAX Four Corners, Teresa Anderson
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Schools
Schools serving 5314 Co Rd 465
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Webb Elementary School, McKinney, TX 810 East Louisiana Street, McKinney, TX 75069 | K-5 | 7.7 mi |
Scott Morgan Johnson Middle School 3400 Community Dr, McKinney, TX 75070 | 6-8 | 8.7 mi |
Mckinney North High School 2550 Wilmeth Rd, McKinney, TX 75070 | 9-12 | 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 5314 Co Rd 465
Date
Details
Price
Change
Source
6/13/2026
Listed
$1,495,000
—
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 5314 Co Rd 465
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,703
-71%
$595,702
-12%
2023
$5,889
-11%
$676,357
-7%
2022
$6,580
—
$730,062
45%
2022
$6,580
3%
$503,000
21%
2021
$6,392
-2%
$416,638
4%
2020
$6,507
46%
$400,000
66%
2018
$4,455
8%
$240,533
10%
2017
$4,137
1%
$218,666
2%
2016
$4,093
4%
$214,345
8%
2015
$3,926
5%
$198,613
5%
2014
$3,755
—
$188,987
—
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 5314 Co Rd 465
5314 County Road 465, McKinney, TX 75071 (MLS# 21292805) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5314 County Road 465 is currently listed for $1,495,000 and was received on June 13, 2026. Want to learn more about 5314 County Road 465? 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.

