$825,000
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4 Beds
5 Baths
3,525 SqFt
SOLD DATE : 09/25/2026
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,525 sqft
Subdivision Coleman Add
MLS Listing ID 21195227
Sold Date 09/25/26
Style Craftsman,Traditional
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N None
Year Built 1920
Annual Tax Amount $17,201
Lot Size 0.412 Acres
Acres 0.412
Property Sub-Type Single Family Residence
Property Description
Known as “The Red Gate Inn,” this 4-bed, 4 full & 1 half bath property with guest quarters is located in the heart of Downtown McKinney! This charming property would make an ideal personal residence or serve as an Airbnb-ready property. It is ideal for investors seeking to expand their portfolio as it has previously operated as a successful Bed & Breakfast. Situated on a .41-acre corner lot within walking distance to McKinney Square, this historic home blends timeless charm with modern updates. The iconic red gate entry welcomes you to a flagstone patio and wrap-around porch complete with swing and multiple seating areas—creating an inviting first impression. Inside, remodeled spaces are filled with natural light and showcase hardwood floors throughout. The main house features 3 bedrooms, each with its own ensuite bath. The primary suite offers a beautifully remodeled bath with walk-in shower, vintage soaking tub, custom vanity and elegant sconce lighting. The expansive kitchen is designed for hosting, featuring stainless steel appliances including a Viking gas range, double ovens, vented hood, large island, granite countertops and built-in buffet. The kitchen flows seamlessly into the dining area and oversized living room with gas fireplace. Upstairs, two additional suites—“The Yellow Rose” and “The Blue Bonnet”—offer sitting areas and remodeled baths. The fourth bedroom suite is located above the detached two-car garage, complete with fireplace and full bath, perfect for extended stays or rental flexibility. Outdoors, the manicured grounds provide multiple gathering spaces, oversized yard, gazebo, and pool & spa, accommodating events of up to 50 guests. Whether you envision continuing its legacy as a Bed & Breakfast, operating a thriving Airbnb or enjoying it as a private estate, “The Red Gate Inn” offers unmatched versatility in one of McKinney's most desirable locations.
Location
State TX
County Collin
Direction Use GPS
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Wood
Fireplaces Number 2
Fireplaces Type Bedroom, Decorative, Electric, Gas Logs, Gas Starter, Living Room
Appliance Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
Heat Source Central
Laundry Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Exterior
Exterior Feature Balcony, Covered Patio/Porch, Lighting, Private Yard
Garage Spaces 2.0
Fence Fenced, Gate, Metal, Wood, Wrought Iron
Pool Gunite, In Ground, Pool/Spa Combo
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Private Pool 1
Building
Lot Description Few Trees, Landscaped, Lrg. Backyard Grass
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Siding
Schools
Elementary Schools Caldwell
Middle Schools Faubion
High Schools Mckinney Boyd
School District Mckinney Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Darcy Richter • Keller Williams NO. Collin Cty
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