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650 S State Highway 5

Fairview, Texas 75069
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Acres7.40

Acres(Lot)

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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Detail Ic Property Details

Property Type : Land

Price : $3,200,000

AD Id : 76632280

MLS Id : 555616979

Lot Size : 7.40 Acres(Lot)

County : Collin

Subdivision: Grand Treviso Condos

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Feature Features

  • Utilities

    City Sewer,City Water,Electricity Connected

  • Lot Information

    Lot Size (Acr): 7.3960 Lot Size Units: Acres Lot Size Square Feet: 322,170 Lot Size Source: Public Records Lot Features: Acreage,Corner Lot,Few Trees
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: ABS A0275 JOSEPH DIXON SURVEY, TRACT 15 City: Fairview State: Texas Directions: From 75 North, turn east onto Stacy Rd., Turn left (north) onto HWY 5 (Greenville), turn right (east) onto Meandering Way. Property Status: Active Exclusions: N/A

  • Listing Price Information

    Original List Price: $3,200,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 2843679

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Jesse Mcgowen Middle School: Faubion High School: Mckinney School District: McKinney ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Connected
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
300 American Pharoah Lane, Fairview, TX, 75069 $650,000 -- -- -- 1.50 Acres(Lot)
791 N Country Club Road, Fairview, TX, 75069 $425,000 -- -- -- 0.53 Acre(Lot)
675 Chamberlain Place D.., Fairview, TX, 75069 $499,000 -- -- -- 1.08 Acres(Lot)
701 Meandering Way, Fairview, TX, 75069 $625,000 -- -- -- 1 Acre(Lot)
811 Shady Brook Lane, Fairview, TX, 75069 $595,000 -- -- -- 1.02 Acres(Lot)
639 Cabernet Court, Fairview, TX, 75069 $825,000 -- -- -- 1.40 Acres(Lot)
860 S State Highway 5, Fairview, TX, 75069 $5,400,000 -- -- -- 4.50 Acres(Lot)
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Disclosure: 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 2026. All rights reserved

ByOwner last updated this listing 06/06/2026 @ 17:52

MLS: 555616979 LISTED BY: Erin Clifford, Keller Williams Realty Allen 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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