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650 S State Highway 5

Fairview, TX 75069
  • $3,200,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 21223137
UPDATED: 32 min ago
$3,200,000
  • 0
    BEDS
  • 7.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Erin Clifford of Keller Williams Realty Allen: 469-400-6882.

Description

7.4± acre corner tract located at South State Highway 5 and Meandering Way in the heart of the Fairview–McKinney growth corridor. This highly visible site offers immediate access to US-75 and SH-121, placing it minutes from Historic Downtown McKinney, Fairview Town Center, major medical facilities, and regional retail anchors. Currently ag-exempt, the property presents a compelling buy-and-hold opportunity or a near-term development play. The site is zoned CPDD (Commercial Planned Development District) – Urban Transition Sub-District, a form-based code structured for urban-style development with specific architectural and design standards. This zoning framework supports a thoughtfully designed commercial or residential product aligned with Fairview’s long-term planning vision. Given its proximity to healthcare, churches, shopping, and established residential neighborhoods, the property is especially well-suited for an assisted living, memory care, or hybrid 55+ senior housing concept.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-18T18:44:50.49.
www.teamhodnett.com/homes/174581410
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650 S State Highway 5 Fairview, TX 75069

  • Price: $3,200,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 32 min ago
  • MLS #: 21223137
0
Beds
0
Baths
0
½ Baths
7.4
Acres
Neighborhood:
Abs A0275 Joseph Dixon Survey, Tract 15
County:
Collin
Area:
Fairview
Elementary School:
Jesse Mcgowen
High School:
Mckinney
School District:
McKinney ISD
Property Description
7.4± acre corner tract located at South State Highway 5 and Meandering Way in the heart of the Fairview–McKinney growth corridor. This highly visible site offers immediate access to US-75 and SH-121, placing it minutes from Historic Downtown McKinney, Fairview Town Center, major medical facilities, and regional retail anchors. Currently ag-exempt, the property presents a compelling buy-and-hold opportunity or a near-term development play. The site is zoned CPDD (Commercial Planned Development District) – Urban Transition Sub-District, a form-based code structured for urban-style development with specific architectural and design standards. This zoning framework supports a thoughtfully designed commercial or residential product aligned with Fairview’s long-term planning vision. Given its proximity to healthcare, churches, shopping, and established residential neighborhoods, the property is especially well-suited for an assisted living, memory care, or hybrid 55+ senior housing concept.
Exterior Features

Lot Description AcreageCorner LotFew Trees Lot Size Source Public Records Road Frontage Type City StreetState Road Waterfront YN No

Property Features

AGExemption Yes Barns1 0 Current Use Agricultural Development City LimitsZoned Easements Other Exclusions N/A HOA None Listing Terms CashConventionalOwner Will Carry Municipal Utility District No Possession Closing/Funding Property Type Unimproved Land Restrictions Building Senior Community No Utilities City SewerCity WaterElectricity Connected Will Subdivide No Zoning CPDD

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-18T18:44:50.49.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Erin Clifford of Keller Williams Realty Allen: 469-400-6882.