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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.?
Full Property Details
Full Property Details for 521 New Hope Rd W
General
- Price: $750,000
- Taxes: $3,020
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21353733
- Updated: 8/7/2026
- Added to Site: Today
Location
- County: Collin
- Subdivision: Ht Chenoweth Surv Abs #157
- Driving 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.
School Information
- Elem School District: McKinney ISD
- Midd School District: McKinney ISD
- High School District: McKinney ISD
- Elementary School: Webb
- Middle School: Faubion
- High School: Mckinney
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Private
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
- Year Built: 1954
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Few Trees, City Lot
- Development Status: Zoned
- Zoning: CC - Community Commercial in Town of New Hope
Financial Considerations
- Tax Amount: $3,020
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: ABS A0157 H T CHENOWETH SURVEY, SHEET 3, TRAC
- Property ID: R615700306401
- Block: 3
Listed by Franklin Land Company, Logan Call
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Schools
Schools serving 521 New Hope Rd W
School District:McKinney Independent School District
| Name | Grades | Distance |
|---|---|---|
Webb Elementary School, McKinney, TX 810 East Louisiana Street, McKinney, TX 75069 | K-5 | 2 mi |
Scott Morgan Johnson Middle School 3400 Community Dr, McKinney, TX 75070 | 6-8 | 4.2 mi |
Mckinney North High School 2550 Wilmeth Rd, McKinney, TX 75070 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 521 New Hope Rd W
Date
Details
Price
Change
Source
8/07/2026
Listed
$750,000
—
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 521 New Hope Rd W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,862
20%
$196,660
3%
2023
$2,388
-2%
$191,407
23%
2022
$2,429
—
$155,000
12%
2022
$2,429
2%
$138,469
8%
2021
$2,374
-5%
$127,675
1%
2020
$2,510
8%
$126,872
8%
2019
$2,322
28%
$117,620
33%
2018
$1,817
40%
$88,735
43%
2017
$1,297
-1%
$62,098
—
2016
$1,305
-1%
$61,998
3%
2015
$1,316
1%
$60,298
1%
2014
$1,306
1%
$59,466
1%
2013
$1,296
—
$58,860
—
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 521 New Hope Rd W
521 New Hope Road W, New Hope, TX 75071 (MLS# 21353733) is a Lots/Land property with a lot size of 2 acres. 521 New Hope Road W is currently listed for $750,000 and was received on August 07, 2026. Want to learn more about 521 New Hope Road W? Do you have questions about finding other Lots/Land real estate for sale in New Hope? You can browse all New Hope real estate or contact a Coldwell Banker agent to request more information.

