$2,100,000

460 Collinwood Drive, Fairview, TX 75069

  • Property Icon Land
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon5.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Seize this rare opportunity to purchase a property that has not been available for over 30 years! Tucked away at the end of a cul-de-sac street in the heart of Fairview, this nearly six-acre estate property offers the tranquility of a slower-paced life, privacy, strong investment potential, and numerous opportunities for recreation and income generation. It is uncommon to find a retreat from city life while still enjoying the proximity and convenience of nearby shopping and transportation. Without the restrictions of a homeowner's association and with fewer building regulations, the owner has tremendous flexibility in land use. Options include constructing a custom estate home, renting out the existing home, keeping horses and or livestock, while maintaining the current Agriculture Tax Exemption deduction (note: reapplication is necessary as it does not convey automatically). This residential lot is surrounded by many estate properties and communities, enhancing its appeal. As land in this high-growth area becomes scarcer, the potential for this property to appreciate makes it a sound long-term investment. ### Location and Features: - Close proximity to city conveniences such as restaurants and shopping. - Located within the highly-rated Lovejoy Independent School District. - The land's natural beauty is highlighted by rolling hills and wooded areas. - A creek on the property provides an ideal site for a bridge to access a secluded estate building site (a culvert is already in place). Don't miss this unique chance to secure a piece of serene, yet conveniently located property that promises both lifestyle benefits and potential investment rewards. This property is occupied and the majority of the land lies to the East of the home.

Listing Status:
Active
Listing Office:
RE/MAX Four Corners : 972-396-9100
Listing Agent:
Susan Galbraith :
MLS ID:
21053611
  • Heating: CentralElectric

This listing courtesy of Susan Galbraith, RE/MAX Four Corners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sloan Creek Intermediate School

440 Country Club Rd, McKinney, TX, 75069

Grades 5-6

0.24 miles away

W

Willow Springs Middle School

1101 W Lucas Rd, Allen, TX, 75002

Grades 7-8

3.76 miles away

L

Lovejoy High School

2350 Estates Pkwy, Allen, TX, 75002

Grades 9-12

2.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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