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Custom Home Lot in Gated Community
For Sale
$299,000

C 48 Lake Shore Drive, McKinney, TX 75071

LAND - McKinney, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market65

Property Features for C 48 Lake Shore Drive

General Information

Property type Land
Property subtype Other
Zoning description Resdidential
Subdivision Waterstone Estates Sec II
Lot features Acreage, Cleared, Interior Lot, Level, Subdivision, City Lot
Elementary school Webb
Middle school Johnson
High school McKinney North
Elementary school district McKinney ISD
Middle school district McKinney ISD
High school district McKinney ISD
Directions Use GPS
Standard status Active
APN R928000C04801
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description WATERSTONE ESTATES SECTION II, BLK C, LOT 48
Tax Annual Amount 3337
HOA Fee $975 Semi-Annually
Legal Description WATERSTONE ESTATES SECTION II, BLK C, LOT 48
Listing Agency: Keller Williams Realty
Listed By: Paula Gallego · License #0578178
Added: Jun 6 Changed: Jul 31 Last Checked: Aug 9 at 5:06AM
MLS# 21166105

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1-acre homesite is ready for your custom build in Waterstone Estates, a gated community designed around spacious, luxury-style living. The lot offers generous room to plan a main residence and outdoor living areas, with space for features such as a pool and expansive landscaping. Mature trees and open, scenic views add to the setting, providing a foundation for a more distinctive custom home experience.

Waterstone Estates is located just beyond McKinney’s city limits and is positioned within McKinney ISD. Residents have access to a maintained park, a playground, a gathering pavilion, and a private fishing lake, giving the community a built-in option for relaxation and recreation. The property is described as minutes from Historic Downtown McKinney, Hwy 75, Legacy West, The Star in Frisco, and McKinney National Airport.

For buyers seeking a high-end neighborhood with room to personalize, this homesite supports a wide range of custom-home layouts and outdoor plans. With its gated setting, established community amenities, and surrounding custom estates, it’s well suited for those who want to build something exceptional while benefiting from a true sense of community.

Key Highlights

  • 1‑acre homesite for a custom dream home with space for outdoor living, pool, and expansive landscaping
  • Located in Waterstone Estates, a 680‑acre gated community just beyond McKinney’s city limits
  • Community amenities include a maintained park, playground, and a gathering pavilion

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop HVAC Service Big Box & Wholesale Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 75071, TX

64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Create a custom residence on a private 1-acre homesite within a gated Waterstone Estates community.
Where is this residential land & home lot located?
The property is located at C 48 Lake Shore Drive McKinney, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1‑acre homesite for a custom dream home with space for outdoor living, pool, and expansive landscaping; Located in Waterstone Estates, a 680‑acre gated community just beyond McKinney’s city limits; Community amenities include a maintained park, playground, and a gathering pavilion
More about this property
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