650 S State Highway 5, Fairview, TX 75069

Fairview
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
650 S State Highway 5,Fairview, TX 75069
$3,200,000
Virtual Tour
  • 7.4 Acres
  • Lots / Land
  • Active
Listed by: erin clifford, courtney peugh
Office: keller williams realty allen
MLS#:21223137
Source:GDAR

Price summary

  • Price:$3,200,000

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...

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Home facts

  • Listing ID #:21223137
  • Added:45 day(s) ago
  • Updated:May 15, 2026 at 11:55 AM

Structure and exterior

  • Lot area:7.4 Acres
  • Lot Features:Acreage, City Lot, Corner Lot, Few Trees

Schools

  • High school:Mckinney
  • Middle school:Faubion
  • Elementary school:Jesse Mcgowen

Finances and disclosures

  • Price:$3,200,000
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 15, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.

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