460 Collinwood, Fairview, Texas

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.

Directions: From East Stacy Road go East, Take Old Stacy Road (Road right after Oakwood Estates Entrance) left (North) to Collinwood Drive. 460 Collinwood is at the end of the Cul de Sac at the right of the circle. The home is in front but the land is to the East and behind the neighbor's 1 acre prop on right