C 48 Lake Shore Drive, McKinney, TX 75071

Listing agent Paula Gallego License #0578178 Show Phone

Listing office Keller Williams Realty k***@kw.com Southlake, TX Show Phone

Listing date May 20, 2026

Report an issue

MLS# 21166105 Listing URL

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.

---

Overview

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.

Suggested Use

Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Car Rental Facility Clothing & Fashion Store Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

McKinney

County

Collin

State

Texas

Longitude

-96.5308295

Latitude

33.250257

Nearby Similar for Sale

• 

  $995,000

  Turnkey Furnished Office Suites

  Two upgraded, fully furnished suites combine for flexible office and classroom setups with added sound and lighting features.

  2001 Auburn Hills Parkway, McKinney, TX 75071

  View Details
• 

  $950,000

  1,500 SF

  Retail Condo with Spa Lease

  Fully developed retail condo offering long-term income with a remaining 7+ year spa tenant lease.

  4041 S Custer Road, McKinney, TX 75070

  View Details
• 

  $1,000,000

  Remodeled Retail Office Building

  Newly remodeled with updated interiors and flexible workspaces, positioned near McKinney’s historic downtown for owner-users or investors.

  500 S Tennessee Street, McKinney, TX 75069

  View Details
• 

  $939,000

  Fully Furnished Office Suites

  Move-in ready, high-finish office units offer immediate setup and flexible space options for owner-occupants or executives.

  2797 S Stonebridge Drive, McKinney, TX 75072

  View Details
• 

  $965,500

  Three-Suite Professional Office Building

  Turnkey three-suite office space with upgraded HVAC, sound control, and a professional interior ready for an owner-user or investor.

  3440 Eldorado Parkway, McKinney, TX 75070

  View Details
• 

  $1,800,000

  Modern Farmhouse Office Building

  2019-built office building with a patio setting and flexible interior layout, supported by on-site parking for staff and visitors.

  299 Eldorado Parkway, McKinney, TX 75069

  View Details
• 

  $849,999

  Turnkey Medical Office Double Suite

  Built in 2015 with premium finishes, separate HVAC, and dual entrances for flexible medical or professional use.

  3600 Eldorado Parkway, McKinney, TX 75070

  View Details
• 

  $652,000

  Class A Office Condo

  Modern office condo in a 25-building park, offering a reception area, private offices, and ample common parking.

  1400 N Coit Road, McKinney, TX 75071

  View Details
• 

  $1,190,000

  Medical Office Condo Building

  Office and medical office condo units offered for sale, suited for practitioners and investors seeking a multi-unit workplace.

  7605 Virginia Parkway, McKinney, TX 75071

  View Details
• 

  $944,622

  Standalone Shell Retail Building

  Standalone shell retail with high-visibility positioning and on-site parking, ideal for custom owner-user or investor buildouts.

  5121 S Custer Road, McKinney, TX 75070

  View Details
• 

  $6,600,000

  Flex Car Wash Facility

  Built in 2022 with a high-capacity tunnel, multiple pay stations, vacuums, and detail bays for efficient, modern operations.

  5001 Mckinney Ranch Parkway, McKinney, TX 75070

  View Details
• 

  $350,000

  1,021 SF

  Creative Office with Covered Patio

  Creative office with a large covered patio, recent upgrades, and remodeled interior space suited for a small business.

  312 Cloyd Street, McKinney, TX 75069

  View Details

FAQs

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 $304,000.

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