460 COLLINWOOD DRIVE, FAIRVIEW, TX 75069

Homes for sale in Fairview.

Homes for sale in 75069.


Status of the property has changed, please contact for details

List Price$2,100,000

460 Collinwood Drive

Fairview, TX 75069

Listing Image Listing Image

Listing #21053611

5.93

Acres

Lots / Land

Type

About This Property

Available!!! Seize this rare opportunity to purchase a property that has not been available for over 30 years! Tucked away at the end of a cul-de-sac street in the heart of Fairview, this nearly six-acre estate property offers the tranquility of a slower-paced life, privacy, strong investment potential, and numerous opportunities for recreation and income generation. It is uncommon to find a retreat from city life while still enjoying the proximity and convenience of nearby shopping and transportation. Without the restrictions of a homeowner's association and with fewer building regulations, the owner has tremendous flexibility in land use. Options include constructing a custom estate home, renting out the existing home, keeping horses and or livestock, while maintaining the current Agriculture Tax Exemption deduction (note: reapplication is necessary as it does not convey automatically). This residential lot is surrounded by many estate properties and communities, enhancing its appeal. As land in this high-growth area becomes scarcer, the potential for this property to appreciate makes it a sound long-term investment. ### Location and Features: - Close proximity to city conveniences such as restaurants and shopping. - Located within the highly-rated Lovejoy Independent School District. - The land's natural beauty is highlighted by rolling hills and wooded areas. - A creek on the property provides an ideal site for a bridge to access a secluded estate building site (a culvert is already in place). Don't miss this unique chance to secure a piece of serene, yet conveniently located property that promises both lifestyle benefits and potential investment rewards. This property is occupied and the majority of the land lies to the East of the home.

Property Features

Location Information

County

Collin

Subdivision

Collinwood Acres

Interior Features

Has Fireplace

No

Heating

Central, Electric

Exterior Features

Style

Barndominium

Current Use

Agricultural, Other, Residential, Single Family

Fencing

Chain Link, Metal, Wire

Possible Best Use

Agricultural, Cattle, Devel

Other Structures

Garage(s), Other, Barn(s)

Zoning

Agriculture = cows were on it until this past mont

Horse Amenities

Barn, Hay Storage

Development Status

Zoned

Lot Description

Acreage, Agricultural, Back Yard, Cleared, Cul-De-Sac, Interior Lot, Irregular Lot, Lawn, Pasture, Ravine, Rolling Slope, Many Trees, Subdivision, Subdivided, City Lot

Road Description

City Street, All Weather Road, Asphalt

Lot Size in Acres

5.932

Is One Story

No

Lot Size in Sq. Ft.

258,397

Lot Description

Acreage, Agricultural, Back Yard, Cleared, Cul-De-Sac, Interior Lot, Irregular Lot, Lawn, Pasture, Ravine, Rolling Slope, Many Trees, Subdivision, Subdivided, City Lot

School

Elementary School District

Lovejoy ISD

Jr. High School

Willow Springs

Elementary School

Robert L. Puster

High School

Lovejoy

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Improved Land

Tax Annual Amount

9570.0

Year Built

1974

Exclusions

Title Open at Chicago Title due to previous contract.

Status

Closed

Lot Acres Source

Assessor

Similar Listings

Schools

Walk Score

Real Estate IDX Powered by iHomefinder