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#20903398, Mark Cope, Listing Office: Cope Realty, LLC
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
- List Price: $3,290,000
- Annual Tax Amount: $16
- Tax Year: 2024
- Lot: Corner Lot, Few Trees, City Lot
- Directions: From 75 North, turn east onto Stacy Rd., Turn left (north) onto HWY 5 (Greenville), turn right (east) onto Meandering Way.
- Lot Size: 7.396 Acres
- MLS Number: 20771275
- MLS Name: NTR
- Office Name: Keller Williams Realty Allen
- Office Phone: (214) 502-4801
- Listing Agent: Erin Clifford
©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: 5/10/2025, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,290,000
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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $186,261. Typical income of Fairview, TX residents is $200k+ annually. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.
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?
Tennis
Skiing/snowboarding- Men's Tennis
Where do the neighbors shop?
Brooks Brothers
Nordstrom
Bloomingdales
Where do the neighbors go to eat?
Qdoba
California Pizza Kitchen
Bonefish Grill
What do the neighbors drive?
Acura
BMW
Lexus
What do the neighbors listen to?
Sports
Talk/Personality
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 650 S State Highway 5
The listing price of 650 S State Highway 5 property is $3,290,000.
The property 650 S State Highway 5 is land located in Fairview, Texas, 75069.
Active Listing: 650 S State Highway 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 650 S State Highway 5 are: Puster Elementary School (GreatSchools Rating 10/10), Marion Elementary School (GreatSchools Rating 9/10), Preston Elementary School (GreatSchools Rating 8/10), Curtis Middle School (GreatSchools Rating 9/10), Ford Middle School (GreatSchools Rating 7/10), Scoggins Middle School (GreatSchools Rating 7/10), Allen High School (GreatSchools Rating 7/10), Lowery Freshman Center (GreatSchools Rating 7/10), McKinney High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $16 (source: MLS/based on county public records data).
The property 650 S State Highway 5 is 7.396 acres.
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 $3,290,000.
In April 2025 in Fairview, TX there were 28.6% more homes for sale than in March. In April 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $693,333.
From Rocket Homes Real Estate and based on county public records data.