1501 Chancellor Lane
McKinney, TX 75072
Map
- 7 beds
- 8 baths
- 9,562 sqft
- ~1 acre lot
- $303 per sqft
- 2003 build
- – on site
Receive a 1% CREDIT toward closing costs or rate buydown when you finance with our preferred lender. Stunning custom estate in Chancellor Creek, just minutes from Stonebridge Ranch Country Club! Situated on a private 1.49-acre lot, this 6-bed, 4.5-bath home offers over 9,000 sq ft of luxury living with soaring ceilings, hardwood floors, a chef’s kitchen with built-in fridge and double ovens, spacious primary suite, media room, wet bar, and multiple living areas. Enjoy a resort-style backyard with heated saltwater pool, spa, cabana, and covered patio—perfect for entertaining. Includes a 6-car garage with golf cart bay, circular drive, and zoned to top-rated McKinney ISD. Property also features a separate full guesthouse with its own kitchen and living space—approximately 4,500 sqft—ideal for rental income, multigenerational living, or guests. A rare opportunity in one of McKinney’s most desirable communities!
Last checked:
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Last updated Jun 26, 2025
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MLS# 20972907 —
The Building
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Year Built:2003
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Structural Style:Single Detached
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Accessibility Features:No
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Basement:No
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Levels:Two
Interior
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Interior Features:Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Eat-in Kitchen, In-Law Suite Floorplan, Kitchen Island, Pantry, Walk-In Closet(s)
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Fireplaces Total:2
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Fireplace Features:Gas
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# of Dining Areas:3
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# of Living Areas:4
Room Dimensions
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Living Area:9562.00
Location
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Directions:GPS friendly!
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Latitude:33.18296900
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Longitude:-96.66378600
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R452400A013R1
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Lot Size:1 to < 3 Acres
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Lot Size SqFt:65209.3200
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Lot Size Acres:1.4970
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Lot Size Area:1.4970
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Lot Size Units:Acres
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Exclusions:N/A
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:13R
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Tax Block:A
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Tax Legal Description:CHANCELLOR CREEK (CMC), BLK A, LOT 13R; * REP
Beds
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Bedrooms Total:7
Baths
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Total Baths:7.10
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Total Baths:8
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Full Baths:7
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Half Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20972907
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:All Weather Road, City Sewer, City Water
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker
Schools
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School District:McKinney ISD
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Elementary School:Walker
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Elementary School Name:Walker
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Middle School Name:Faubion
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High School Name:Mckinney
The Community
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Subdivision Name:Chancellor Creek
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Pool:Yes
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Association Type:Mandatory
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Association Fee:800
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Association Fee Includes:Full Use of Facilities, Maintenance Grounds
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Association Fee Frequency:Annually
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:6
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Garage Length:40
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Garage Width:30
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Covered Spaces:6
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Parking Features:Circular Driveway, Golf Cart Garage
Monthly cost estimate
Asking price
$2,900,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$15,528
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| Taxes | N/A |
| Insurance | $797 |
| HOA fees | $67 |
| Utilities | $333 See report |
| Total | $16,725/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
