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C 48 Lake Shore Drive
McKinney, Texas 75071

County: Collin Waterstone Estates Sec II

Build your custom dream home on this exceptional 1-acre homesite offering generous space for a grand custom residence, outdoor living, pool, and expansive landscaping in the highly sought-after Waterstone Estates. This 680-acre gated community offers luxurious country living just beyond McKinney's city limits. Enjoy expansive views, mature trees, and stunning natural beauty. Amenities include a beautifully maintained park, a playground for families, a gathering pavilion, and a private fishing lake, providing plenty of opportunities for relaxation and recreation along with a welcoming, close-knit community atmosphere. Ideally located within McKinney ISD, just minutes to Historic Downtown McKinney, Hwy 75, Legacy West, The Star in Frisco, and McKinney National Airport. Surrounded by million-dollar custom estates—bring your builder and create a truly exceptional luxury residence.

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Essential Information

  • Price$299,000
  • Reduced By$6,000
  • Cumulative Days on MarketUnlock
  • MLS® #21166105
  • Acres1.00
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 15 Active and 6 Sold Listings

Pricing Trends from 15 Active Listings in Waterstone Estates

This Home's Price $299,000 This Home's Price Per SqFt $
Average Price $358,253 Average Price Per SqFt $
Highest Price $449,000 Highest Price Per SqFt $
Lowest Price $298,900 Lowest Price Per SqFt $

Pricing Trends from 6 Sold Listings in Waterstone Estates

This Home's Price $299,000 This Home's Price Per SqFt $
Average Price $343,833 Average Price Per SqFt $
Highest Price $399,999 Highest Price Per SqFt $
Lowest Price $250,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressC 48 Lake Shore Drive
  • SubdivisionWaterstone Estates Sec II
  • CityMcKinney
  • CountyCollin
  • StateTexas
  • Zip Code75071
  • HOAMandatory
  • HOA Fees$975
  • HOA Fees FrequencySemi-Annual
  • FeaturesGated, Lake, Park, Playground
  • UtilitiesAll Weather Road, Concrete, Electricity Available
  • Taxes3337

Exterior

  • FenceNone
  • Lot DescriptionAcreage, Cleared, Interior Lot, Level, Subdivision

Additional Information

  • ZoningResdidential

Private Listing Information (Registration Required)

Listing Details

  • AgentPaula Gallego
  • OfficeKeller Williams Realty

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Listing information last updated on October 19th, 2026 at 4:33pm CDT.