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650 S State Highway 5 Fairview, TX $ 3,200,000
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$ 3,200,000 Get more info
650 S State Highway 5
$ 3,200,000
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650 S State Highway 5

Fairview, TX, 75069
$ 3,200,000
Baths0.0

Monthly Estimate*

$ 19,703

650 S State Highway 5, Fairview, TX 75069 - Image 1
650 S State Highway 5, Fairview, TX 75069 - Image 2
650 S State Highway 5, Fairview, TX 75069 - Image 3
650 S State Highway 5, Fairview, TX 75069 - Image 4
650 S State Highway 5, Fairview, TX 75069 - Image 5
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Studio

Lots and Land for sale in Fairview, TX

for $3,200,000. The lot size is 7.396.

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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Lots and Land Active

Price

$ 3,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

7.396

Town/City

Fairview

County/Region

Collin

MLS | Web ID

21223137
Features
General
Development Status City Limits Zoned
Utilities City Sewer City Water Electricity Connected
Possession Closing/Funding
current use Agricultural
Restrictions Building
School District McKinney ISD
Exclusions N/A
Property Subtype Unimproved Land
Subdivision Name ABS A0275 JOSEPH DIXON SURVEY TRACT 15
Occupant Type Vacant
County Collin
Property Type Land
HOA Type None
Status Active
Directions From 75 North turn east onto Stacy Rd. Turn left (north) onto HWY 5 (Greenville) turn right (east) onto Meandering Way.
City Fairview
Elementary School Name Jesse Mcgowen
High School Mckinney
Elementary School Jesse Mcgowen
Standard Status Active
Listing Terms Cash Conventional Owner Will Carry
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Exterior
Waterfront 0
Lot Features Acreage Corner Lot Few Trees
Lot Size Source Public Records
Lot Size 5 to < 10 Acres
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Internal Only
Street Number 1 650
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* Excluded Features
List By
Erin Clifford

Listing Agent

Keller Williams Realty Allen

Broker

Affordability Calculator

$19,703
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,703
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286868 Elementary School
3672581 Middle School
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Pricing History
Date Price Price Change Description
3/30/2026 $3,200,000 Listed Price

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650 S State Highway 5, Fairview, TX, 75069 is a Lots and Land for sale at $3,200,000 with a lot size of 7.396. 650 S State Highway 5 is a studio with 0.0 baths. The property's zip code is 75069 which is in Fairview, TX

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