Skip main navigation
Lot/land
  • $750,000

    521 New Hope Rd W, McKinney, TX 75071

    --beds
    --baths
    2Acres
    Improved Land
    Built in 1954
    2 Acres Lot
    $304,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    ±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.?
    3 days
    |
    24
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Logan Call 0837107 214-973-5448,

    Franklin Land Company 214-973-5448

    Source: NTREIS,MLS#: 21353733

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 2 Acres
      • Features: Acreage, Few Trees, City Lot
      Details
      • Parcel number: R615700306401
      • Zoning description: CC - Community Commercial in Town of New Hope

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Private
      • Utilities for property: Electricity Available, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Ht Chenoweth Surv Abs #157
      HOA
      • Has HOA: No
      Location
      • Region: Mckinney

      Financial & listing details

      • Tax assessed value: $196,660
      • Annual tax amount: $3,020
      • Date on market: 8/7/2026
      • Road surface type: Asphalt

        Estimated market value

        $304,500

        $247,000 - $375,000

        $1,830/mo

        Price history

        DateEventPrice
        8/7/2026Listed for sale$750,000
        Source: NTREIS #21353733 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,020 +5.5%$196,660 +5.7%
        2024$2,862 +19.8%$186,000 +20%
        2023$2,388 -1.7%$155,000 +11.9%
        2022$2,429 +2.3%$138,469 +8.5%
        2021$2,374 -5.4%$127,675 +0.6%
        2020$2,510 +8.1%$126,872 +7.9%
        2019$2,322 +27.8%$117,620 +32.6%
        2018$1,817 +39.2%$88,735 +42.9%
        2017$1,305 $62,098 +0.2%
        2016$1,305 -0.1%$61,998 +2.8%
        2015$1,306 $60,298 +1.4%
        2014$1,306 $59,466 +1%
        2013-- $58,860 -3.9%
        2012-- $61,243 -0.7%
        2011-- $61,674 -1%
        2010-- $62,304 -0.8%
        2009-- $62,807 -1.2%
        2008-- $63,566 +23.8%
        2007-- $51,357 -8.2%
        2006-- $55,953 +20.1%
        2005-- $46,591 -0.7%
        2004-- $46,910 -1.3%
        2003-- $47,549 -17.8%
        2002-- $57,822 +36.7%
        2001-- $42,300 -6.1%
        2000-- $45,067
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75071

        Getting around

        11 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Webb
        • Middle: Faubion
        • High: Mckinney
        • District: McKinney ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes