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$750,000
Listing Price--beds
--baths
797sqft
87,120sqft lot
521 New Hope Rd W, Mckinney, TX 75071
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
2.0-acre commercial land opportunity at 521 & 541 W New Hope Rd, located inside the Town of New Hope town limits in Collin County, approximately 0.6 miles northeast of the point where TxDOT's proposed US 380 Bypass reconnects to existing US 380 at FM 1827 - a location TxDOT has identified as a planned grade-separated interchange.? The property is zoned CC - Community Commercial under Town of New Hope Comprehensive Zoning Ordinance No.? 2024-010, requiring no rezoning for permitted commercial uses.? Water service is available through North Collin Special Utility District with a water line to the site, and the tract offers 200 LF of frontage on New Hope Rd W (FM 1827).? No floodplain is shown onsite per the FEMA Flood Map.? The tract lies outside any sewer CCN and is served by on-site septic, which favors lower-flow commercial uses while preserving the site for higher-intensity development should sanitary sewer reach New Hope.? Long-term value is supported by TxDOT's September 2023 Record of Decision on the bypass corridor, right-of-way acquisition that began in 2024, Collin County's $227.1 million commitment to advance utility relocations, and an additional $700 million allocated to the US 380 corridor in TxDOT's 2025 Unified Transportation Program.? Positioned in the growth corridor between McKinney and Princeton, this is a compelling small-acreage land hold in one of North Texas' fastest-growing submarkets.?
Interior Details
797
N/A
N/A
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
Window A/c
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Wood (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
87120
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
No
Yes
No
No
No
No
No
Construction Details
N/A
Wood
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,510
$110,000
$16,872
--%
$126,872
2019
$2,322
$100,000
$17,620
--%
$117,620
2018
$1,817
$74,000
$14,735
--%
$88,735
2017
$1,296
$50,000
$12,098
--%
$62,098
2016
$1,305
$50,000
$11,998
--%
$61,998
2014
$1,306
$50,000
$9,466
--%
$59,466
2013
$1,295
$50,000
$8,860
--%
$58,860
2012
$1,280
$50,000
$11,243
--%
$61,243
Average Home Price in 75071
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