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$3,200,000
New Listing

650 S STATE HIGHWAY 5
Fairview, TX 75069

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
ABS A0275 JOSEPH DIXON SURVEY, TRACT 15
County:
Collin
Call Now: 972-863-0792
Is this the listing for you? We can help make it yours.
972-863-0792
650 S STATE HIGHWAY 5650 S STATE HIGHWAY 5650 S STATE HIGHWAY 5650 S STATE HIGHWAY 5
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Monthly Payment (Est.)

$14,600
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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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Listing Snapshot
Price 
$3,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7.396 Acres
Year Built 
N/A
MLS® Number 
21223137
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Acres 
7.396
Additional Property Use 
Agricultural
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity Connected
Water Source 
Public
Zoning 
CPDD
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Exterior Features
Lot Features 
Corner LotFew Trees
Road Frontage 
City StreetState Road
Community Features
Financing Terms Available 
CashConventionalOwner Will Carry
School District 
McKinney ISD
Schools
School District
McKinney ISD
Elementary School
Jesse Mcgowen
Middle School
Faubion
High School
Mckinney
Listing courtesy of Erin Clifford of Keller Williams Realty Allen [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-03-30 05:51 PM CDT

Neighborhood & Commute
Source: Walkscore
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