Paragon Realtors Real Estate

811 N Church StreetMckinney, TX 75069Price: $865,000

  • Price: $865,000
  • 76 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $865,000List Price
  • 0.32Acreage

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Listed by Denise Johnson of Compass RE Texas,LLC (817-601-0865)
Known as “The Red Gate Inn,” this 4-bed, 4 full & 1 half bath property offers a rare investment opportunity in the heart of Downtown McKinney! This Airbnb-ready property is ideal for investors seeking to expand their portfolio and 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. 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.

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Based on information submitted to North Texas Real Estate Information Services as of May 22, 2026 1:21 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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