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$425,000 Just Listed
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Property Description
CALLING ALL AVIATORS, CAR COLLECTORS & JET-SET AFICIONADOS: We have released a limited offering of residential hangar-home lots, offering you the freedom to bring your builder & design the ultimate lifestyle: Your home. Your vision. Only 8 residential lots are available in this release. Roll your airplane out of your own hangar for a wheels-up weekend. Bring your car collection, boats, RV's and toys! The lock-and-leave lifestyle, is the perfect setup for the jet-set! Prosper ISD, close to Frisco, Prosper, Plano & all major DFW amenities, with the freedom you only get when your commute ends at a taxiway, or your driveway. Behind the gates of Aero Country East, the community includes a resort-style pool, cabana, & a relaxed airpark vibe. Taxi straight from your hangar. Aero Country features a paved & lighted 17-35 runway: 3,002' x 60' + add. 1,350' of turf, on the north end. Plenty of room for taildraggers, RVs, turboprops, & everything in between. Night ops are smooth, patterns are friendly. The airport is established, active, & known for its tight-knit GA community & weekend ramp gatherings. If you've dreamed of a place where your airplane is steps from your living room, & your rooftop deck overlooks the runway -this is it! A limited number of residential Lots will be released at T31. Bring your builder, bring your aircraft, & make your hangar home a reality. When they're gone, they're gone.
Full Property Details
Full Property Details for 505 Lloyd Stearman Dr
General
- Price: $425,000
- HOA FEE: $542/month
- HOA FEE FREQ.: Annually
- Taxes: $2,860
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21188529
- Updated: 2/25/2026
- Added to Site: 2 day(s) ago
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community
Location
- County: Collin
- Subdivision: Aero Country East Add
- Driving Directions: Head East on PGA Pkwy (becomes Virginia Pkwy). After Coit, make a U-Turn at Viriginia Hills. Turn Right at Lloyd Stearman. Gated Community. Please be aware this is an airport community! ~Do not drive on runway. ~ All streets (except Lloyd Stearman) are roads & taxiways. ~ Yield to all aircraft. ~
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: Jim and Betty Hughes
- Middle School: Jones
- High School: Rock Hill
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Aero Country East HOA
- Assoc. Fees Include: All Facilities, Maintenance Grounds
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, See Remarks, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Additional Structures
- Other Structures: Airplane Hangar, See Remarks
Lot Features
- Lot Size (Acres): 0.195
- Lot Size (Sq. Ft.): 8,494.2
- Lot Size Source: Plans
- Lot Dimensions: 100.00 x 84.75
- Frontage: Private Road, Concrete
- Sidewalks: Yes
- Lot Features: Subdivision, City Lot
- Development Status: Site Plan Approved, Streets Installed, Zoned
- Potential Use: Residential, Single Family
- Zoning: Residential, Detached Hangar Homes
Financial Considerations
- Association Fee: $6,500
- Assoc Fee Freq.: Annually
- Tax Amount: $2,860
- Terms: Cash, Conventional, 1031 Exchange, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Engineering Report, Environmental Study, Plat, Survey
- Legal Description: AERO COUNTRY EAST ADDITION PHASE 2 BLK A, Lot 43
- Property ID: 2941771
- Block: A
- Lot Number: 43
Listed by AirSpace, Jeanie Cline
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Schools
Schools serving 505 Lloyd Stearman Dr
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
Jack and June Furr Elementary School 551 Bluestem Drive, McKinney, TX 75072 | K-5 | 1 mi |
Bill Hays Middle 14441 Hillcrest Road, Frisco, TX 75035 | 6-8 | 2.7 mi |
Rock Hill High School 16061 Coit Road, Frisco, TX 75035 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Lloyd Stearman Dr
Date
Details
Price
Change
Source
2/23/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 Lloyd Stearman Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
—
$154,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Lloyd Stearman Dr
505 Lloyd Stearman Drive, McKinney, TX 75071 (MLS# 21188529) is a Lots/Land property with a lot size of 0.195 acres. 505 Lloyd Stearman Drive is currently listed for $425,000 and was received on February 23, 2026. Want to learn more about 505 Lloyd Stearman Drive? Do you have questions about finding other Lots/Land real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

