About This Home

This 3-bedroom, 2-bathroom single family at 5314 County Road 465 in McKinney, TX is listed for $1,495,000 ($773 per sqft). Built in 1952, the home offers 1,934 sqft of living space on a 10.44 acres lot.

Key Features

  • Built in 1952
  • 10.44 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
1952

Amenities

WaterfrontA/C
Listing Description

3 Homesites, 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 and electricity - 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.

Monthly Cost Estimate

$7,996/mo

20% down · 6.5% · 30 years

Principal$1,081
Interest$6,478
Insurance$436

Estimates only. Actual payments may vary.

Location

5314 County Road 465

McKinney, TX 75071

ABS A0162 Carter T Clift Survey, Sheet 2, TRA

Features & Amenities

Interior Features

HighSpeedInternetWalkInClosets

Property Details

Flooring

CarpetVinyl

Construction

FiberCement

Pool Features

DeckPatioPorch

Parking

DrivewayGarageOpen

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Appliances

DishwasherElectricRangeMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5314 County Road 465 is listed at $1,495,000 ($773/sqft). The estimated monthly payment is $7,996 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 10.44 acre lot, 2 stories, Waterfront. Interior Features: HighSpeedInternet, WalkInClosets.

This property is listed by Teresa Anderson and can be reached at (214) 491-7257.

TA

Teresa Anderson

Agent at RE/MAX Four Corners

(214) 491-7257

Listed by RE/MAX Four Corners · View on Broker Site

MLS# 21292805· Source: listhub· Listed today

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5314 County Road 465, McKinney, TX 75071

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