LOT SIZE 7.396 acres
MLS#21223137
STATUSActive
PROPERTY TYPELand - Commercial
SUBDIVISIONABS A0275 JOSEPH DIXON SURVEY, TRACT 15
SCHOOLMcKinney 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.
Property Features
Property Type: Land - Commercial
Lot Size: 7.40 Acres
Feature Descriptions
Days on Site: 20
Exclusions: N/A
Lot: Acreage, Corner Lot, Few Trees
Parcel#: 2843679
Utilities: City Sewer, City Water, Electricity Connected
Local Schools
Elementary School: Jesse Mcgowen
School District: McKinney ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Allen
Agency Contact: 469-400-6882
Agent Name: Erin Clifford
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 8,055.15 per month $7,121.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $933.33 Homeowner's InsuranceChange Payment Information
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650 S State Highway 5 | MLS# 21223137
This land located at 650 S State Highway 5, Fairview, TX 75069 is currently listed for sale with an asking price of $3,200,000. The property has approximately 7.40 Acres. S State Highway 5 is located within the McKinney ISD school district. Search Fairview real estate on www.254sale.com today.