Located in the the highly sought-after historic downtown area of McKinney, this charming 3-bedroom, 1-bath home presents an excellent opportunity for investors, first-time buyers, or anyone looking to create their own special place close to all the excitement downtown has to offer. Situated on an oversized .25-acre lot, the property offers plenty of outdoor space with room for expansion, gardening, entertaining, or future possibilities. Inside, you’ll find a comfortable layout featuring a spacious family room and a nicely appointed kitchen that serves as the heart of the home. A full-size utility room with washer and dryer connections adds convenience and functionality. The home has maintained steady rental income and could continue to perform as an investment property, making it a great addition to an investment portfolio or an ideal opportunity for someone wanting to renovate and personalize a home in a prime location. Foundation work has already been completed and comes with a transferable 5-year warranty, offering added peace of mind for the next owner. The property is being sold AS-IS, allowing buyers the flexibility to update and improve the home to match their own vision and style. Enjoy the unbeatable location just minutes from the vibrant historic downtown square with its unique shops, local restaurants, coffee houses, entertainment venues, farmers markets, seasonal festivals, and community events that make historic McKinney such a beloved destination. Whether you are looking for an income-producing property, a future renovation project, or a place to call home near the charm and character of downtown living, 1012 Oak offers exceptional potential and value in one of McKinney’s most popular areas.