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$2,795,661

361 Collinwood Drive, Fairview, TX, 75069

Off MarketInfo
Baths0 Bath
Baths5,980 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Full 5.5Bathrooms Full 5.5

Exterior

Lot Size2 acres

Building Information

Year Built2021
Stories2

Land Information

APNR-11257-00A-0060-1
Lot Number6
SubdivisionWoodland Farm Estates (Cfv)
Land UseResidential
Legal DescriptionWOODLAND FARM ESTATES (CFV), BLK A, LOT 6
Census Tract031412
Assessed Land Value$650,000
Assessed Improvement Value$2,145,661
Assessment Year2025

About this property

This exclusive neighborhood is located in a quiet, picturesque rural setting and yet convenient to shops and restaurants in the Villages at Fairview and the Villages at Allen and the Medical Center of McKinney. Set back off historic Old Stacy Road and Country Club Road in one of the last to be developed areas in Fairview, within in the exemplary and highly sought-after Lovejoy ISD. Select from several award-winning custom home builders available to help you create your estate dream home. Envision tranquil days, gorgeous sunsets, and starlit nights in your own meticulously crafted home…. Your memories are waiting to be made. Homesites are limited don’t miss this opportunity to make your dream home a reality!

Investor Tools

Property Icon
$2,795,661
Estimated Property Value
$0Estimated Mortgage Balance
$1,564,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,774 /month
Positive
Cash Flow Estimate:
$5,591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,650
$2,795,661
2025
$650,000
$2,145,661
$2,795,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,650
$2,795,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Building Or Construction Loan
$1,381,527
No
First
Aug 5, 2021
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,231,071
$1,564,590
55%
44%
$5,640/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fairview

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361 Collinwood Drive | Property Details | No Agent List