
Bed & Breakfast | STR | Historic McKinney, TX
Hospitality
Marketing description
Nestled in the heart of historic McKinney, the Red Gate Inn presents a rare opportunity to own a beautifully restored historic property. Successfully operated as a bed and breakfast for many years, this property offers multiple pathways for continued revenue generation or an elegant primary residence.
This timeless home blends historic charm with thoughtful modern updates. The main residence features three spacious bedrooms, each with its own private ensuite bathroom, plus an additional half bath for guests. The open-concept kitchen and living area create an inviting gathering space, while a secondary front living room offers flexibility as a formal sitting area, office, or reception room. Every space has been carefully remodeled to modern standards while preserving the property’s classic architectural character.
Complementing the main home is a detached garage structure that includes a dedicated laundry room and an expansive upstairs guest suite. This private suite offers a large bedroom/living-room combination and a full bathroom—ideal for additional rental income, owner’s quarters, or extended-stay guests.
Behind the guest quarters lies a beautiful swimming pool, creating a resort-style atmosphere for visitors or private enjoyment.
The fully fenced backyard opens to a large, lush grassy area leading to a charming altar—an ideal setting for weddings, celebrations, and special events. This unique outdoor feature positions the property as a turnkey micro-wedding venue or event space, expanding its income potential well beyond traditional short-term rentals.
Investment highlights
Opportunity to continue as B&B, Airbnb, wedding venue, or boutique event space
3 ensuite bedrooms in main house + additional guest suite
Expansive fenced backyard with dedicated ceremony space
3 ensuite bedrooms in main house + additional guest suite
Located in historic McKinney with strong tourism demand
Listing Contacts

Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
