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5314 County Road 465

McKinney, TX 75071

Listing courtesy of Teresa Anderson, RE/MAX Four Corners

$1,495,000

Active

Beds

Baths

Sqft

1,934

Year Built

1952

About this home

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, 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.