Commercial Land with Road
New
For Sale
$750,000
521 New Hope Road W New, Hope, TX 75071
LAND - New Hope, TX
Property SizeContact for details
Lot Size2.00 Acres
Days on Market2
Property Features for 521 New Hope Road W New
General Information
Property type
Land
Property subtype
Other
Zoning description
CC - Community Commercial in Town of New Hope
Subdivision
Ht Chenoweth Surv Abs #157
Lot features
Acreage, Few Trees, City Lot
Elementary school
Webb
Middle school
Faubion
High school
Mckinney
Elementary school district
McKinney ISD
Middle school district
McKinney ISD
High school district
McKinney ISD
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.
Standard status
Active
APN
R615700306401
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
ABS A0157 H T CHENOWETH SURVEY, SHEET 3, TRAC
Tax Annual Amount
3020
Legal Description
ABS A0157 H T CHENOWETH SURVEY, SHEET 3, TRAC
Utilities
Sewer type
Septic Tank, Aerobic Septic
Water source
Private
Building Details
Year built
1954
Listing Agency:
Franklin Land Company
(214) 973-5448
Listed By:
Logan Call · License #837107
(214) 973-5448
Added: Aug 7
Last Checked: Aug 8 at 4:06PM
MLS# 21353733
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 2.0-acre commercial land tract is located within the Town of New Hope and carries CC – Community Commercial zoning under the town’s Comprehensive Zoning Ordinance No. 2024-010. The designation does not require rezoning for permitted commercial uses. Water service is available through North Collin Special Utility District, with a water line extending to the site. The property is outside any sewer CCN and relies on on-site septic, including septic tank and aerobic septic systems.
The tract provides approximately 200 LF of frontage on New Hope Rd W (FM 1827). It is approximately 0.6 miles northeast of the planned US 380 Bypass reconnection with existing US 380 at FM 1827, where TxDOT has identified a planned grade-separated interchange. The property is in the growth corridor between McKinney and Princeton, and no floodplain is shown onsite on the FEMA Flood Map.
The tract provides approximately 200 LF of frontage on New Hope Rd W (FM 1827). It is approximately 0.6 miles northeast of the planned US 380 Bypass reconnection with existing US 380 at FM 1827, where TxDOT has identified a planned grade-separated interchange. The property is in the growth corridor between McKinney and Princeton, and no floodplain is shown onsite on the FEMA Flood Map.
Key Highlights
- Approximately 2.0 acres of commercial land within the Town of New Hope
- CC – Community Commercial zoning under Ordinance No. 2024‑010
- Approximately 200 LF of frontage on New Hope Rd W (FM 1827)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CC zoning and available water service support permitted commercial uses without rezoning.
Where is this commercial land located?
The property is located at 521 New Hope Road W New Hope, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 2.0 acres of commercial land within the Town of New Hope; CC – Community Commercial zoning under Ordinance No. 2024‑010; Approximately 200 LF of frontage on New Hope Rd W (FM 1827)
