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700 S State Highway 5, Fairview, TX, 75069

$2,050,000

5.97 Acres
Land
Schools Nearby

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

Charming property with almost 6 acres. Once upon a time this property hosted many weddings and family events. There is a large 5K greenhouse with separate barn on the south end of property. The main home has a small apartment over the garage, and plenty of front porch space. Surrounded by beautiful trees and interesting topography 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, permit some retail,office,townhomes,single-family homes.This code is a Form-based code, set up for development in an urban style with specific design standards.

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

School Info

Assigned Schools Information:

  • McKinney High School, Public District Grades 9-12
  • Leonard Evans Jr Middle School, Public District Grades 6-8
  • Jesse Mcgowen Elementary School, Public District Grades KG-5

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: $2,050,000

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.

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Fairview, TX

City

Med. List Price

$652.5K

Med. Price/SqFt

$274

Avg. Days On Market

68

# of Sold Homes

19

700 S State Highway 5 vs Fairview

99 DAYS ON ROCKET

+31 Days

$2,050,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M 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: 4/18/2024, 7:20:22 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

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,213

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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.

Elementary School

school-card-donut-164519
6
/10

  • Jesse Mcgowen Elementary School

  • 4300 Columbus Dr

  • 2.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-164520
7
/10

  • Leonard Evans Jr Middle School

  • 6998 W Eldorado Pkwy

  • 4.50 miles

  • Public District Grades 6-8

High School

school-card-donut-164521
6
/10

  • McKinney High School

  • 1400 Wilson Creek Pkwy

  • 2.91 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Fairview, TX

What are the common housing types in Fairview, TX?

Single detached homes are the predominant housing type, representing the majority of dwellings in Fairview, whereas the rest are mainly large apartment buildings. This town has a good choice of unit sizes, ranging from lofts to four or more bedrooms. Around 80% of the properties in the town are occupied by homeowners while the rest are rented. Most of the housing growth in this town has taken place after the year 2000.

What are the advantages of living in Fairview, TX?

Fairview is good for those who like a quiet atmosphere, as the streets are usually tranquil - although there are still several noisier sections, especially around the railway line. Greenery is not prominent in this part of the Dallas-Fort Worth-Arlington metropolitan area, but residents will be able to access public green spaces in nearby areas outside of the town.

Are essential services in Fairview, TX convenient?

It can be difficult to walk to high schools and primary schools from houses for sale in Fairview. With regards to food, a portion of home buyers in this town may be able to travel to the closest supermarket on foot, while others will have to turn to another means of transportation. There are also a few choices for those who care about close by restaurants.

How do Fairview, TX residents get around?

The car is usually the favored approach to get around in this part of the Dallas-Fort Worth-Arlington metropolitan area. Parking is quite easy. It is challenging for pedestrians to get around in Fairview as running common errands is inconvenient.

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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 $2,050,000.

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 are the assigned schools for this property?

The assigned schools for 700 S State Highway 5 are:
Jesse Mcgowen Elementary School: GreatSchools Rating 6/10
Leonard Evans Jr Middle School: GreatSchools Rating 7/10
McKinney High School: GreatSchools Rating 6/10

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 Homes›Texas›Collin County›Fairview›75069›700 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 $2,050,000.

While the average time on the market in March 2024 was 68 days, the median list price was $652,500.

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

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