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650 S State Highway 5
Fairview, Texas 75069

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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Essential Information

  • Price$3,200,000
  • MLS® #21223137
  • Acres7.40
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Property Details

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Exterior

  • Lot DescriptionAcreage, Corner Lot, Few Trees

Additional Information

  • ZoningCPDD

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Listing Details

  • AgentErin Clifford
  • OfficeKeller Williams Realty Allen

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Listing information last updated on October 17th, 2026 at 1:00am CDT.