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460 Collinwood Drive, Fairview, TX 75069

$2,100,000
  • 460 Collinwood Drive, Fairview, TX 75069 Main Photo
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Pending
LOT SIZE 5.932 acres MLS#21053611
STATUSPending PROPERTY TYPELand - Farm SUBDIVISIONCollinwood Acres SCHOOLLovejoy ISD

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.

460 Collinwood Drive | MLS# 21053611

This land located at 460 Collinwood Drive, Fairview, TX 75069 is currently listed for sale with an asking price of $2,100,000. The property has approximately 5.93 Acres. Collinwood Drive is located within the Lovejoy ISD school district. Search Fairview real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Land - Farm
Heating: Central, Electric
Lot Size: 5.93 Acres
Year Built: 1974

Feature Descriptions

Days on Site: 178
Exclusions: Title Open at Chicago Title due to previous contract.
Fencing: Chain Link, Metal, Wire
Horse Amenities: Barn(s), Hay Barn
Lot: Acreage, Agricultural, Cleared, Cul-De-Sac, Gullies, Interior Lot, Irregular Lot, Lrg. Backyard Grass, Many Trees, Pasture, Rolling Slope, Subdivision
Parcel#: R073400002101
Topography: Generally flat sloping slightly down as from the home. No known floodpln.
Utilities: All Weather Road, Asphalt, Electricity Connected, Individual Water Meter, Septic, Underground Utilities

Local Schools

Elementary School: Robert L. Puster
School District: Lovejoy ISD

Listed By / Shown By

Listed By

Agency Name: RE/MAX Four Corners
Agency Contact: 972-396-9100
Agent Name: Susan Galbraith

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Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 5,286.19 per month $4,673.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $612.50 Homeowner's Insurance

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