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Home/Texas homes/650 S STATE HIGHWAY 5
LANDMLS 21223137VIRTUAL TOUR

$3,200,000

650 S STATE HIGHWAY 5 · Fairview, TX, 75069

Lot
7.4 acres
Type
UnimprovedLand

About this home

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.

Details

UnimprovedLand7.4 acres lotABS A0275 JOSEPH DIXON SURVEY, TRACT 15ActiveMLS 21223137
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Listing courtesy of Keller Williams Realty Allen. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.