Location
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.
Property Details
Price:
$3,200,000
MLS #:
21223137
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
ABS A0275 JOSEPH DIXON SURVEY, TRACT 15
Listed Date:
Mar 30, 2026
Lot Size:
322,169 sqft / 7.40 acres (approx)
Schools
School District:
McKinney ISD
Elementary School:
Jesse Mcgowen
Middle School:
Faubion
High School:
Mckinney
Interior
Exterior
Lot Size Area
7.3960
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address650 S STATE HIGHWAY 5 Fairview TX
- SubdivisionABS A0275 JOSEPH DIXON SURVEY, TRACT 15
- CityFairview
- CountyCollin
- Zip Code75069
Subdivisions in Fairview
- ABS A0275 JOSEPH DIXON SURVEY, TRACT 15
- Apples Crossing
- Back Acres Add
- Bankston
- Chamberlain Place Ph 1
- Collinwood Acres
- Cotten Add
- Country Club Estates
- Creekwood Estates
- Cypress Crossing
- Fairview Farms First Sec
- Fairview Farms Fourth Sec
- Fairview Farms Second Sec
- Fairview Meadows
- Fairview Ranch Estates
- Feagin Add
- Foxglen
- Harper Landing
- Hawks Wood
- Heritage Ranch 03B
- Heritage Ranch Add Ph 2a
- Heritage Ranch Add Ph 2d
- Heritage Ranch Add Ph 3a
- Heritage Ranch Add Ph 3c
- Heritage Ranch Add Ph 5
- Heritage Ranch Add Ph 6
- Heritage Ranch Add Ph 7
- Heritage Ranch Add Ph 9
- Heritage Ranch Add Ph I
- HERITAGE RANCH ADDITION PHASE 5 CFV, BLK DD, LOT
- Heritage Ranch Ph 4
- Heritage Ranch Phase 1
- Kingdom Estates
- Montecito Estates Add 2
- Montecito Estates Sub
- Oak Meadows Add
- Oaks Of Fairview
- Oakwood Estates Ph III
- Orr Road Estates
- Parkside At Fairview
- Pinnacle Estates
- River Oaks
- S12485
- Samuel Sloan
- Sloan Creek Estates Ph II
- Sloan Creek Estates Ph One
- Thompson Spgs Ph 1
- Thompson Spgs Ph 2
- Tranquility Farms
- Village Of Fairview Ph II
- Villas In The Park Ph I
- Villas In The Park Ph II
- Vineyards Of Fairview
- Wellington Park Estates
Market Summary
Property Summary
- Located in the ABS A0275 JOSEPH DIXON SURVEY, TRACT 15 subdivision, 650 S STATE HIGHWAY 5 Fairview TX is a Land for sale in Fairview, TX, 75069. It is listed for $3,200,000 and features 7 acres. To schedule a showing of MLS#21223137 at 650 S STATE HIGHWAY 5 in Fairview, TX, contact your Aaron Layman Properties agent at 940-209-2100.
650 S STATE HIGHWAY 5
Fairview, TX