$3,500,000

650 S State Highway 5 Fairview, TX 75069

7.4 acres
Land

Property details

About 650 S State Highway 5

Short-term seller financing is available. Location, location, location! This 7.4 acres is on the corner of Meandering Way and HW5 making it a prime location! Conveniently located close to Historic Downtown McKinney as well as fabulous dining and shopping options in Fairview off of Stacy Rd. Close to the hospital and medical district in McKinney and the 75 and 121 interchange. Currently ag-exempt, great buy and hold property, or build multiple homes. This site is zoned for the CPDD (Commercial Planned Development District) with the Urban Transition sub-district. This code is a form-based code, so it's set up for development in an urban style and is very specific with its design standards. See fairviewtexas.org to find the CPDD code.

Highlights

Home typeSingle Family Residence
StatusActive
Lot size7.396 Acres
MLS #20771275

Virtual tour

Summary

  • MLS Number: 20771275
  • MLS Name: NTR
  • Office Name: Keller Williams Realty Allen
  • Office Phone: (214) 502-4801
  • Listing Agent: Erin Clifford

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/17/2025, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,500,000

650 S State Highway 5

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$2,094,827$16
2023$2,094,827$18
2022$1,772,617$18
2021$1,138,568$18
2020$911$18

History based on county public records data.

Nearby schools

10

Puster Elementary School

Public District KG-4

1.0 mi

856 Stoddard Rd

9

Marion Elementary School

Public District KG-6

1.5 mi

1595 Stablerun Dr

8

Preston Elementary School

Public District KG-6

1.7 mi

2455 Hilliard Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $186,261. Typical income of Fairview, TX residents is $200k+ annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

1%
<35k
13%
35k-100k
40%
100k-200k
46%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

9%
Single, No Kids
4%
Single, with Kids
37%
Married, No Kids
50%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
15%
12-17 yrs old
9%
18-34 yrs old
51%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Brooks BrothersBrooks Brothers
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QdobaQdoba
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • AcuraAcura
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • SportsSports
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 650 S State Highway 5

This home is located at 650 S State Highway 5 in Fairview, TX and zip code 75069. Features: 0 bathroom. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $3,500,000.

The number of homes for sale in Fairview, TX increased by 26.1% between February and March 2025. While the average time on the market in March 2025 was 58 days, the median list price was $672,500.

From Rocket Homes Real Estate and based on county public records data.

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