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700 S State Highway 5, Fairview, TX, 75069

$1,800,000

5.97 Acres
Land

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1970
MLS #20509574
Lot Size5.97 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 700 S State Highway 5

Location. Location. Location. 5.967 acres in Fairview, TX, conveniently located near the 121 and 75 interchange, McKinney medical district, Historic Downtown McKinney, and will be near the future planned 242-acre mixed-use project developed by Billingsley. While the location is very convenient, the lot feels secluded and private, and Sloan Creek is on the north edge of the property. There is a large 5K SF greenhouse with a concrete floor, Lexan sheeting for the covering, and a separate barn on the south end of the property. The main home is close to 5K SF with a small apartment over the garage. Surrounded by beautiful mature trees, this property can be enjoyed as is or reimagined. This site is zoned for the (CPDD) Commercial Planned Development District with the Urban Transition sub-district. It is permitted for that subdistrict to allow some retail, office, and single-family homes.

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: Keller Williams Realty Allen
  • Office Phone: (972) 747-5100
  • Listing Agent: Erin Clifford

Exterior Features

Exterior Information:

  • Exterior: Deck

Virtual/3D Tour

  • Virtual Tour: 700 S State Highway 5
Virtual Tour

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 5.97 Acres

Other

Directions Information:

  • Directions: From 75 North, exit Stacy Road east. Take left (north) on HWY 5.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $17,134
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fairview, TX.

Med. List Price

$645K

Med. Price/SqFt

$263

Avg. Days On Market

77

# of Sold Homes

12

700 S State Highway 5 vs Fairview

343 DAYS ON ROCKET

+266 Days

$1,800,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median List Price in Fairview, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20509574

Listing Office:

  • Office Name: Keller Williams Realty Allen
  • Office Phone: (972) 747-5100
  • Listing Agent: Erin Clifford

IDX ©2024 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: 12/18/2024, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$17,134$1,128,000
2020$21,964$1,058,221
2019$18,714$1,026,326
2018$18,715$850,000
2017$17,116$760,000

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-106950
10
/10
  • Puster Elementary School

  • 856 Stoddard Rd

  • 0.92 miles

  • Public District Grades KG-4

school-card-donut-106951
8
/10
  • Marion Elementary School

  • 1595 Stablerun Dr

  • 1.56 miles

  • Public District Grades KG-6

school-card-donut-106952
8
/10
  • Preston Elementary School

  • 2455 Hilliard Dr

  • 1.74 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 S State Highway 5

What is the listing price of this property?

The listing price of 700 S State Highway 5 property is $1,800,000.

What type of property is this?

The property 700 S State Highway 5 is land located in Fairview, Texas, 75069.

Is this property for sale now?

Accepting Backup Offers: 700 S State Highway 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,134 (source: MLS/based on county public records data).

How much acreage is this property?

The property 700 S State Highway 5 is 5.97 acres.
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Rocket HomesTexasCollin CountyFairview75069700 S State Highway 5

This home is located at 700 S State Highway 5 in Fairview, TX and zip code 75069. This home, which was built in 1970, sits on a 5.97 acre lot. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $1,800,000.

In November 2024 in Fairview, TX there were 16.4% less homes for sale than in October 2024. In November 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $645,000.

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

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