650 S STATE HIGHWAY 5, FAIRVIEW, TX 75069
Homes for sale in Fairview.
Homes for sale in 75069.
650 S STATE HIGHWAY 5
Fairview, TX 75069
List Price$3,200,000
Listing #21223137
About This Property
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.
Property Features
Location Information
County
Collin
Subdivision
ABS A0275 JOSEPH DIXON SURVEY, TRACT 15
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Connected, Sewer Available, Water Available
Zoning
CPDD
Lot Description
Acreage, Corner Lot, Few Trees, City Lot
Development Status
Zoned
Lot Size in Acres
7.396
Road Description
City Street, State Road
Lot Size in Sq. Ft.
322,169
Is One Story
No
Current Use
Agricultural
Lot Description
Acreage, Corner Lot, Few Trees, City Lot
School
Elementary School District
McKinney ISD
Jr. High School
Faubion
Elementary School
Jesse Mcgowen
High School
Mckinney
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Exclusions
N/A
Status
Active
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$14,943
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$11,531
Monthly Tax
$2,666
Monthly Insurance
$746
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Erin Clifford, Keller Williams Realty Allen
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NTREIS - North Texas data last updated at April 29, 2026, 4:47 AM CT
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