650 S State Highway 5 Fairview, TX 75069
Estimated payment $17,462/month
About This Lot
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.
Listing Agent
Keller Williams Realty Allen Brokerage Phone: 214-502-4801 License #0618827 Listed on: 11/08/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $16
Lot Details
- 7.4 Acre Lot
- Property fronts a state road
- Corner Lot
- Few Trees
- Zoning described as CPDD
Schools
- Jesse Mcgowen Elementary School
- Mckinney High School
Community Details
- Abs A0275 Joseph Dixon Survey, Tract 15 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2843679
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16 | $971 | $503 | $468 |
| 2023 | $16 | $1,000 | $532 | $468 |
| 2022 | $19 | $1,008 | $540 | $468 |
| 2021 | $18 | $1,138,568 | $1,138,100 | $468 |
| 2020 | $19 | $1,138,568 | $1,138,100 | $468 |
| 2019 | $20 | $917 | $1,138,100 | $468 |
| 2018 | $21 | $941 | $782,773 | $468 |
| 2017 | $22 | $783,264 | $0 | $783,264 |
| 2016 | $12 | $652,311 | $0 | $652,311 |
| 2015 | $22 | $992,898 | $992,898 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Price Changed | $3,290,000 | -6.0% | -- |
| 11/12/2024 11/12/24 | For Sale | $3,500,000 | 0.0% | -- |
| 11/08/2024 11/08/24 | For Sale | $3,500,000 | -- | -- |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,040,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $180,000 | Purchase Money Mortgage |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20771275
APN: R-6275-000-0150-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
- 601 Meandering Way
- 413 Sloan Creek Pkwy
- 420 Plumwood Way
- 711 Meandering Way
- 5143 Pond Crest Trail
- 5131 Pond View Ln
- 860 S State Highway 5
- 369 Parkvillage Ave
- 872 S State Highway 5
- 433 Madison Ave
- 570 Ambrym Dr
- 454 Madison Ave
- 651 Louise Dr
- 701 Meandering Way
- 4864 Woodruff Way
- 5798 Antique Rose Trail
- 5719 Butterfly Way
- 5713 Butterfly Way
- 561 Talia Cir
- 4881 Miles Way
- 351 Sugarloaf Trail
- 384 Spring Meadow Dr
- 380 Parkvillage Ave
- 452 Madison Ave
- 5569 Linhurst Ct
- 5639 Hummingbird Ln
- 4885 Ellie Ln
- 325 Murray Farm Dr
- 344 Murray Farm Rd
- 111 Town Place
- 220 Convention Dr
- 2650 S McDonald St
- 2401 Mckinney Ranch Pkwy
- 1047 Keswick Dr
- 1748 Redding St
- 2200 Jameson Ln
- 1324 Lamar Ln
- 1308 Lamar Ln
- 150 Enterprise Dr
- 1020 Mj Brown St