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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.
| LAST UPDATED | 4/14/2026 | TRACT | Mckinney Outlots |
|---|---|---|---|
| YEAR BUILT | 1950 | COUNTY | Collin |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater |
| CONSTRUCTION | Board & Batten Siding |
| HEAT | Central, Natural Gas, Space Heater |
| INTERIOR | Cathedral Ceiling(s), Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Other, Pantry, Vaulted Ceiling(s) |
| LOT | 0.25 acre(s) |
| LOT DESCRIPTION | Interior Lot, Irregular Lot, Landscaped |
| PARKING | Concrete, Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | A-Frame |
| SUBDIVISION | Mckinney Outlots |
| TAXES | 2734 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Rachel Boston, EXP REALTY
This data was last updated on: 4/14/26 7:52 PM PDT
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