460 Collinwood Drive, Fairview, TX

$2,100,000

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5.93

Acres

About 460 Collinwood Drive

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.

Features of 460 Collinwood Drive

MLS® # 21053611
Price $2,100,000
Bathrooms 0.00
Acres 5.93
Year Built 1974
Type Land
Sub-Type Improved Land
Status Active

Community Information

Address 460 Collinwood Drive
Subdivision Collinwood Acres
City Fairview
County Collin
State TX
Zip Code 75069-9419

Amenities

Utilities All Weather Road, Asphalt, Electricity Connected, Individual Water Meter, Septic, Underground Utilities
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Fireplace No

Exterior

Lot Description Acreage, Agricultural, Cleared, Cul-De-Sac, Gullies, Interior Lot, Irregular Lot, Lrg. Backyard Grass, Many Trees, Pasture, Rolling Slope, Subdivision

School Information

District Lovejoy ISD
Elementary Robert L. Puster
Middle Willow Springs
High Lovejoy

Additional Information

Zoning Agriculture = cows were on it until this past month. The cows were brought in from a farmer.

Listing Details

AgentSusan Galbraith
OfficeRE/MAX Four Corners
Contact Info972-396-9100

Listing Map