$750,000

521 New Hope Road W, New Hope, TX 75071

Land
Built in 1954
2acre lot
—— car garage
$——/sqft
Listed 7 days ago

Property Description

±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.?

Listing Status:: Active
Data Last Updated:: August 15, 2026 at 12:19AM
Listing Office:: Franklin Land Company : 214-973-5448
Listing Agent:: Logan Call :
Contact:: 214-973-5448
MLS ID:: 21353733

Road/Access: Farm to Market Road
Originating MLS: NTR
School District: McKinney ISD
County: Collin

Zoning: ABS A0157 H T CHENOWETH SURVEYSHEET 3TRACR615700306401
Current Use: ResidentialSingle Family

Utilities: Electricity AvailableSeptic AvailableWater Available
Water: Private
Sewer: Aerobic SepticSeptic Tank

Source: NTR

This listing courtesy of Logan Call , Franklin Land Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.