
$1,600,000
641 Fm 2933, New Hope, TX, 75071
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About this property
Rare opportunity to acquire an approximately 1.78-acre two-parcel property in the McKinney ETJ with a blend of residential, shop, and open-site utility that is increasingly difficult to find in North Collin County. The property is offered as a combined sale and includes an approximately 1,924 SF single-family home with pool together with an approximately 3,500-3,750 SF shop building that was previously used as a truck maintenance shop. This offering stands out for buyers who need usable improvements today while also valuing longer-term flexibility. The home can support an owner-user, onsite manager, live work setup, or interim residential use, while the shop and yard area may appeal to contractors, service businesses, automotive-related users, trade operators, storage-oriented buyers, or investors seeking a small acreage position in a growth corridor. Buyers should independently verify all intended uses, permits, building compliance, utilities, and development constraints. The site is located within McKinney's extraterritorial jurisdiction rather than inside the city limits. Based on City of McKinney public guidance, subdivision regulations apply in the ETJ, but zoning regulation does not. That ETJ position may be attractive to buyers looking for flexibility not typically found within fully zoned city limits, while still benefiting from proximity to McKinney, New Hope, US 380, and the broader North Collin growth path.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: New Hope
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