650 State Highway 5
Fairview, TX 75069
$3,200,000
Land · 7.4 ac · $433K/ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of Keller Williams Realty Allen — Erin Clifford.
Where it is
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21223137. Information last updated March 31, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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