±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.?
Property Details
- Lot Features
- Acreage, Few Trees, City Lot
- Lot Description
- Acreage, Few Trees, City Lot
- Acres
- 0.0
- Lot Size (sqft)
- 2.0
- Property Type
- Purchase
- Property Subtype Additional
- Improved Land
- Year Built
- 1954
- Sewer Information
- Aerobic Septic, Septic Tank
- Utility Source
- Private
- Utility Features
- Electricity Available, Septic Available, Water Available
- Subdivision
- Ht Chenoweth Surv Abs #157
- School District
- McKinney ISD
- Elementary School
- Webb
- Middle School
- Faubion
- High School
- Mckinney
- County
- Collin
- Region
- New Hope
- Days on Market (Cumulative)
- 36
- Taxes Annual
- $3,020
- MLS #
- 21353733
- Property Subtype
- ImprovedLand
- Parcel Number
- R615700306401
- MLS #
- 21353733
- Address
- 521 New Hope Road W
Location
Legal
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Provided By
Listed by Logan Call (#0837107)
Listing Office: Franklin Land Company (#FLC01C)
