Listing provided courtesy of Acquisto Real Estate- MLS# 21184202MLS ProviderContact Information: Hannah Ewing - 972-396-7512

303 N Waddill StreetMcKinney, TX 75069

Multi-Family · 8 Beds · 8 Full Baths · 5,960 Sq. ft. | 0.19 Acres
$1,500,000 Active

303 N Waddill Street Overview

Visits:
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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.

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303 N Waddill Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,960
  • Price/Sq.ft. $252
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: McKinney ISD
  • Elementary School: Burks
  • Middle Or Junior School: Faubion
  • High School: Mckinney Boyd

Income/Expenses

  • Gross Income: 130000.0
  • Net Operating Income: 91000.0
  • Operating Expense Includes: Gardener,Insurance,Mortgage/Loans,Maintenance,Vacancy Allowance

Building Information

  • Year Built: 1953
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: MCKINNEY
  • Subdivision Name: Waddill Add

Tax Information

  • Tax Annual Amount: 8673.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R0835008001D1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 5.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Bathrooms Total: 8
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 5960.0

General Information

  • Appliances: Dishwasher,Gas Oven,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Linoleum,Wood
  • Foundation Details: Block,Pillar/Post/Pier,Slab
  • Interior Features: Eat-in Kitchen,High Speed Internet
  • Levels: Two
  • Living Area: 5960.0
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Driveway,Garage
  • Parking Total: 8.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.195
  • Lot Size Area: 0.195
  • Lot Size Square Feet: 8494.2
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Patio And Porch Features: Covered
  • Roof: Shingle

General Information

  • Covered Spaces: 5.0
  • Number Of Units Total: 8
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 2 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 3 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 4 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 5 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 6 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 7 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 8 Details

  • Unit Type: Apartments
  • Units Total: 1

Unit 9 Details

  • Unit Type: Manager's Unit
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

303 N Waddill Street Market Data

Based on the last 30 days in this zip code

$688,631
Average List Price
$267
Average Price per Square Foot
28
Properties Sold
200
Average Days on Market
281
Properties for Sale
Calculations provided by Reliance Network


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