460 Collinwood Drive Active Save Request In-Person Tour Request Virtual Tour
Fairview,TX 75069
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Collinwood Acres
MLS Listing ID 21053611
Year Built 1974
Annual Tax Amount $9,570
Lot Size 5.932 Acres
Property Sub-Type Improved Land
Property Description
Available!!! 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.
Location
State TX
County Collin
Zoning Agriculture = cows were on it until this past month. The cows were brought in from a farmer.
Interior
Heating Central,Electric
Exterior
Fence Chain Link,Metal,Wire
Utilities Available All Weather Road,Asphalt,Electricity Connected,Individual Water Meter,Septic,Underground Utilities
Building
Lot Description Acreage,Agricultural,Cleared,Cul-De-Sac,Gullies,Interior Lot,Irregular Lot,Lrg. Backyard Grass,Many Trees,Pasture,Rolling Slope,Subdivision
Schools
Elementary Schools Robert L. Puster
Middle Schools Willow Springs
High Schools Lovejoy
School District Lovejoy Isd
Others
Acceptable Financing Cash,Federal Land Bank,Fixed,Not Assumable
Listing Terms Cash,Federal Land Bank,Fixed,Not Assumable
Special Listing Condition Aerial Photo,Agent Related to Owner,Survey Available,Verify Tax Exemptions,Other
Virtual Tour https://listing.realtormediasource.com/ut/460_Collinwood_Drive.html