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Commercial Land for Sale in New Hope, Texas

521 New Hope Rd W, New Hope, TX 75071

$750,000
2 acres
Active sale
ago
Est $5,339/mo

+/-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.?

Location

Street address
521 New Hope Rd W
Zip code
75071
Community
HT Chenoweth Surv Abs #157
School district
McKinney ISD
Elevation
576 feet
Coordinates
33.2067, -96.5744

Directions

East side of New Hope Rd - FM 1827 just north of Oak Creek Dr. Southeast of the intersection of FM 2933 and New Hope Rd- FM 1827.

Property details

Acreage
2 acres
MLS #
NTREIS 21353733
Posted

Property taxes

Recent
$3,020

Parcels

  • R615700306401

Legal description

Details and features

Listing

Type
Land
Zoning
CC-Community Commercial in Town of New Hope

Lot

Features
Acreage, City Lot, Few Trees

Structure

Water
Private
Sewer
Aerobic Septic, Septic Tank

Nearby schools

NameTypeDistrict
WebbElementaryMcKinney ISD
FaubionMiddleMcKinney ISD
McKinneyHighMcKinney ISD

Listing history

DateEventPriceChangeSource
Aug 7, 2026New listing$750,000NTREIS
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This 2-acre property is located at 521 New Hope Rd W in New Hope, TX 75071. The land is available for sale, priced at $750,000 — $375,000 per acre.

Listed by Franklin Land Company, (214) 973-5448

Checked 2 hours agoUpdated Source

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