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860 S State Highway 5, Fairview, TX, 75069

$5,400,000

4.50 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
Year Built1940
MLS #20348920
Lot Size4.50 Acres
StatusActive

About 860 S State Highway 5

Located on Hwy 5 in Fairview, 4 and half acres of a 5 acre parcel. Half acre not being conveyed is where the cell tower is located. Formerly a nursery with small building. Seller will clean out property in 30 days after closing.

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: George James Realty
  • Office Phone: (214) 536-9994
  • Listing Agent: George James

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  • Virtual Tour: 860 S State Highway 5
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Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 4.50 Acres

Other

Directions Information:

  • Directions: From Stacy Road and Hwy 5, head north on Hwy 5, property on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,400,000

Tax Information:

  • Annual Amount: $8,174
  • 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

860 S State Highway 5 vs Fairview

562 DAYS ON ROCKET

+485 Days

$5,400,000

+$4.7M More

KEY TAKEAWAY

This property is $4.7M 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: #20348920

Listing Office:

  • Office Name: George James Realty
  • Office Phone: (214) 536-9994
  • Listing Agent: George James

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: 12/20/2024, 4:21:00 AM 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$8,174$418,817
2020$8,173$393,805
2019$7,909$387,831
2018$7,910$359,262
2017$7,496$332,837

History based on county public records data.

Payment Calculator

$27K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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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-36
10
/10
  • Puster Elementary School

  • 856 Stoddard Rd

  • 0.59 miles

  • Public District Grades KG-4

school-card-donut-37
7
/10
  • Valley Creek Elementary School

  • 2800 Valley Creek Trl

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-38
6
/10
  • McNeil Elementary School

  • 3650 S Hardin Blvd

  • 1.86 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $186,261. Most Fairview, TX residents have annual incomes $200k+. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 860 S State Highway 5

What is the listing price of this property?

The listing price of 860 S State Highway 5 property is $5,400,000.

What type of property is this?

The property 860 S State Highway 5 is land located in Fairview, Texas, 75069.

Is this property for sale now?

Active Listing: 860 S State Highway 5 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,174 (source: MLS/based on county public records data).

How much acreage is this property?

The property 860 S State Highway 5 is 4.50 acres.
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Rocket HomesTexasCollin CountyFairview75069860 S State Highway 5

This home is located at 860 S State Highway 5 in Fairview, TX and zip code 75069. This home, which was built in 1940, sits on a 4.50 acre lot. It has been listed on Rocket Homes since June 06, 2023 and is currently priced at $5,400,000.

The inventory of homes for sale in Fairview, TX between October 2024 and November 2024 decreased by 16.4%. 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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