The story of this market
The typical home in Fairview, Texas sells for about $527,228, or $256 per square foot.
Prices are down 28.1% from a year ago, which gives buyers more room to negotiate. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,350 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Fairview, Texas
Fairview's housing market has experienced price recalibration following peak pandemic appreciation, with median sale prices stabilizing near $527,000 to $650,000 depending on single-family versus attached transaction mix. Homes remain on the market for an average of 50 to 65 days with sale-to-list ratios holding around 97%. Strong demand anchored by premier Lovejoy ISD schools and unique large-lot estate zoning continues to support long-term residential value stability.
No ARED county foreclosure postings attributed to Fairview yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved down 28.1% year over year.
Homes spend a median of 65 days on market with 2.8 months of supply — a fast-moving market.
31% of listings have cut prices · homes sell at 96.9% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 14.8% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A premier mixed-use open-air regional lifestyle destination anchored by Dillard's, iPic Theaters, Whole Foods Market, and diverse retail and dining establishments.
A scenic community park featuring open nature spaces, walking trails, and preserved greenbelts catering to local residential neighborhoods.
A 289-acre wildlife sanctuary and education center situated adjacent to Fairview's border providing extensive hiking trails and educational exhibits.
Fairview is ideal for affluent families and executive commuters seeking spacious, semi-rural estate living with large acreage while maintaining immediate access to premier suburban amenities and top-rated Lovejoy ISD schools. It is less suitable for entry-level buyers or yield-focused residential landlords due to high acquisition costs and strict large-lot zoning.
Fairview is served predominantly by Lovejoy Independent School District and McKinney Independent School District, both of which are high-performing public school systems in Collin County. Lovejoy ISD campuses, such as Puster Elementary and Sloan Creek Intermediate, consistently earn top academic ratings and command strong housing demand premiums.
The town is bounded by US-75 on the west and State Highway 121 to the northwest, offering immediate vehicular arterial links throughout North Texas. Fairview has no municipal fixed-rail transit system, remaining an entirely automobile-dependent suburban enclave.
The town features expansive park spaces, equestrian amenities, and direct access to regional trails connecting to Lake Lavon and Heard Natural Science Museum & Wildlife Sanctuary nearby. The Village at Fairview / Fairview Town Center anchors the community's retail, entertainment, and dining landscape.
Fairview has a very limited rental stock dominated by high owner-occupancy rates and large-lot single-family estates. Rental properties are concentrated in luxury multifamily developments within or adjacent to Fairview Town Center and select master-planned patio homes, supporting high median rents and low investor vacancy.
Fairview's local economy relies on commercial retail, hospitality, professional services, and healthcare along the US-75 corridor, while most residents commute to prominent corporate hubs across Plano, Frisco, and Dallas. The municipal tax base benefits substantially from regional shopping traffic at Fairview Town Center.
Development momentum centers along the US-75 and Highway 121 commercial and mixed-use corridors, notably the Fairview Town Center. While surrounding Collin County cities pursue high-density buildouts, Fairview intentionally preserves large-lot residential zoning, balancing upscale retail growth with low-density estate living.
Fairview strictly enforces comprehensive zoning guidelines requiring minimum one-acre or two-acre lot sizes across most residential land to maintain an open country character. Commercial and dense multifamily zoning is restricted exclusively to peripheral arterials bordering Allen and McKinney.
Taxing authorities include Town of Fairview, Collin County, Collin College, and either Lovejoy ISD or McKinney ISD. Select commercial areas participate in municipal tax increment financing or economic development sales tax zones, while residential MUD/PID layers are generally absent.
Fairview maintains low crime rates relative to the broader Dallas-Fort Worth metroplex, benefiting from a dedicated municipal police department and primarily residential, large-lot development. Violent crime is rare, and property offenses primarily consist of opportunistic thefts concentrated along commercial corridors like US-75.
Fairview faces negligible overall flood risk with only about 5 percent of properties located in designated flood zones along local creek tributaries. Convective weather events including severe hail, straight-line winds, and tornadoes represent the primary property hazard, keeping homeowners insurance premiums elevated across Collin County.
Property insurance rates mirror wider Collin County patterns, shaped heavily by recurring hail storms and wind risks rather than riverine flood hazards. Premium inflation has moderated recently but remains an important ongoing expense factor for high-value estate homes.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and US Census Bureau ACS 5-year Place-level profiles for Fairview town, TX.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.
Requires compliance with the Town's adopted building codes (including International Building Code amendments) and permitting processes for construction, site development, and land use. Certain areas may be subject to specific Planned Development District (PDD) requirements that supersede general code provisions.
Governed by the Town of Fairview Code of Ordinances and the Fairview Development Code.
The tax rate for the 2025-26 fiscal year is $0.316658 per $100 of assessed valuation. The tax is calculated by multiplying the property's appraised value (as determined by the Collin Central Appraisal District) by the tax rate, minus any applicable state-mandated or local exemptions.
Effective for the fiscal year beginning October 1, 2025, and ending September 30, 2026.
≈ $1,670/yr on a $527,228 median
Imposes a schedule of drainage charges against all real property within the town to fund the management of surface water overflows and stagnation. Charges are billed and collected in a manner consistent with town water and sewer services.
Established under Article 13.06 of the Town of Fairview Code of Ordinances.
Imposes a county-wide junior college district ad valorem tax rate of $0.08122 per $100 of taxable assessed value. Formula: Tax = (Assessed Value - Collin College Exemption) * 0.0008122.
Texas Education Code Chapter 130; levied annually across county boundaries.
≈ $428/yr on a $527,228 median
applies when — Parcels located in unincorporated Collin County conducting outdoor burning, or during Commissioners Court burn bans.
Restricts outdoor burning of household trash and brush under TCEQ outdoor burning rules. When Commissioners Court issues a burn ban during drought conditions, all outdoor burning is strictly prohibited with violations enforced as Class C misdemeanors.
Texas Local Government Code Sec. 352.081; Texas Administrative Code Title 30 Chapter 111 Subchapter B.
Enforces non-judicial foreclosure on residential deeds of trust. Notice of sale must be posted at the Collin County Courthouse and filed with the County Clerk at least 21 days prior to sale; sales occur publicly on the first Tuesday of each month between 10:00 AM and 4:00 PM at the designated area.
Texas Property Code Sec. 51.002.
applies when — Parcels abutting or seeking driveway access/connections onto designated Collin County road rights-of-way.
Imposes County driveway permit obligations, culvert sizing specifications determined by County Engineering, sight distance standards, and required dedication of thoroughfare right-of-way widths upon subdivision or development.
Texas Transportation Code Chapter 251; Collin County Subdivision Regulations Roadway Specifications.
Collin County general property tax rate of $0.149343 per $100 of taxable assessed value (FY 2025-2026). Composes additively into total parcel tax: Total Tax = SUM[Taxable Value_i * Rate_i / 100] across Collin County ($0.149343), Collin College ($0.08122), school district (e.g., Plano ISD $1.03955, Allen ISD $1.1258), municipal tax, and special districts.
Adopted pursuant to Texas Property Tax Code Sec. 26.05; Collin County FY 2025-2026 budget order.
≈ $787/yr on a $527,228 median
applies when — Parcels divided into two or more parts outside incorporated municipal ETJ/limits, unless divided into tracts >10 acres without public street dedication.
Mandates formal subdivision plat approval by Collin County Commissioners Court. Requires standard 24x36 inch plat filings, public road access compliance, right-of-way dedications, and certified engineer drainage reviews. Violations constitute a Class B misdemeanor under Chapter 232.
Texas Local Government Code Chapter 232 Subchapter A; Collin County Subdivision Regulations Court Order.
applies when — Parcels situated within FEMA-designated Special Flood Hazard Areas (SFHA / 100-year floodplain) in unincorporated Collin County.
Requires development permits from the County Floodplain Administrator prior to any construction or grading. Structures must elevate lowest finished floor levels at or above base flood elevation (BFE) plus freeboard, and development cannot cause net rise in base flood elevation.
Texas Water Code Sec. 16.315; 44 CFR Part 60; Collin County Flood Damage Prevention Order.
All residential parcels fall into an ISD (e.g., Plano ISD at $1.03955 per $100; Allen ISD at $1.1258 per $100; Prosper ISD at $1.2141 per $100). Imposes standard Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates. Grants a mandatory $100,000 residence homestead deduction from appraised value for school maintenance taxation: Tax = (Appraised Value - $100,000) * ISD Rate / 100.
Texas Property Tax Code Sec. 11.13(b) and Texas Constitution Art. VIII, Sec. 1-b.
≈ $5,481/yr on a $527,228 median
applies when — Parcels located within a Municipal Utility District (MUD), Water Control and Improvement District (WCID, e.g. Collin County WCID #3), or Fresh Water Supply District (FWSD).
Levies additional ad valorem property taxes ranging from $0.85 to $1.20 per $100 of taxable assessed value on top of county, city, and ISD taxes. Imposes statutory notice of special district debt obligations upon seller disclosure to prospective purchasers under Texas Water Code Sec. 49.452.
Texas Water Code Chapters 49, 51, and 54.
applies when — Parcels in unincorporated Collin County with accumulating refuse, stagnant water, abandoned materials, or dangerous weed growth.
Empowers Collin County authorities to require elimination of public nuisances. If uncorrected after notice, the County may abate the condition at property owner expense and assess an administrative lien against the parcel.
Texas Health and Safety Code Chapter 343 (Abatement of Public Nuisances).
Establishes annual market value and taxable assessed value across all jurisdictions. Subject to Texas Tax Code Sec. 23.23 ten percent (10%) homestead assessment cap year-over-year. Taxable Value = Appraised Value - Applicable Exemptions.
Governed by Texas Tax Code Title 1; valuations determined annually as of January 1.
applies when — Applies to any tract of land located in Collin County outside the corporate municipal boundaries (unincorporated area and extraterritorial jurisdictions governed by county agreement) that is divided into two or more parts for sale or residential development.
Prohibits parcel subdivision, development, or issuance of utility connections until a preliminary and final subdivision plat is engineered, reviewed, and approved by the Collin County Commissioners Court and recorded with the County Clerk. Imposes mandatory right-of-way dedications, drainage/stormwater infrastructure standards, utility will-serve commitments, driveway access permits, and minimum lot sizes. Parcels dividing into lots exceeding 10 acres, certain family transfers under Chapter 573, or agricultural divisions under Tex. Const. art. VIII are conditionally exempt.
Texas Local Government Code Chapter 232, Subchapter A; Collin County Subdivision Regulations.
applies when — Parcels utilizing private septic or on-site wastewater disposal systems instead of a centralized public sewer.
Mandates permitting, site evaluation, and design inspection by Collin County Engineering as the authorized agent for TCEQ. Minimum lot acreage and setback thresholds apply; maintenance contracts required for aerobic systems. Violations are punishable as Class B misdemeanors.
Texas Health and Safety Code Chapter 366; 30 TAC Chapter 285; Collin County Court Order 2008-187-03-11.
applies when — Applies to residential parcels situated within the jurisdictional boundaries of a Municipal Utility District (MUD), Water Control and Improvement District (WCID), Special Utility District (SUD), or Public Improvement District (PID).
Imposes layered ad valorem debt service and maintenance and operations (M&O) tax levies or special assessments directly onto the parcel's annual tax bill to retire infrastructure bonds (water, sewer, drainage, and roads). Statutory plat restrictions in Collin County dictate that the county does not operate or maintain district infrastructure, gates, cluster mailboxes, or streetlights, placing maintenance burdens entirely on the district or homeowner association.
Texas Water Code Chapters 49, 51, and 54; Texas Local Government Code Chapter 372; Collin County Subdivision Regulations Appendix E.
Imposes county-level property taxes composed of the General Fund and Farm-to-Market/Lateral Road rates, adopted annually by the Collin County Commissioners Court (typically ~0.14 to 0.16 per $100 of assessed taxable valuation). Formula: County Tax Levy = (Assessed Market Value - Applicable County Exemptions) × (County Tax Rate / 100). Collin County offers an optional local-option homestead exemption (5% of assessed value, minimum $5,000) under Tex. Tax Code § 11.13(n), plus mandatory and optional exemptions for Over-65 and Disabled persons with tax ceilings. Total parcel tax levy composes additively across distinct overlapping jurisdictions: Total Tax = County Tax + Municipal/City Tax + Independent School District (ISD) Tax + College/Special District Tax.
Texas Tax Code § 26.05; Collin County Commissioners Court annual budget and tax levy orders; Tex. Tax Code § 11.13.
≈ $26,361/yr on a $527,228 median
Imposes mandatory annual appraisal of all real property at 100% fair market value as of January 1 each year. Governs the 10% statutory homestead appraisal cap under Texas Tax Code § 23.23 (capping annual appraised value increases on qualifying homesteads at 10% plus new improvements). Establishes binding assessment rolls delivered to all local taxing jurisdictions, subject to administrative protest before the Collin County Appraisal Review Board (ARB).
Texas Tax Code Title 1; Tex. Tax Code § 6.01, § 23.01, § 23.23; established under 1979 Texas Senate Bill 621, operating since 1980.
A statutory tax lien automatically attaches to every residential parcel on January 1 of each year to secure payment of all ad valorem taxes, penalties, and interest assessed for the year. This lien has priority over virtually all other encumbrances, deeds of trust, or liens on the parcel, and secures delinquent tax enforcement proceedings.
Texas Tax Code § 32.01.
applies when — Applies to residential parcels subject to a recorded deed of trust with a power of sale in default.
Mandates strict statutory pre-sale notices before extinguishing borrower title: serving a 20-day written notice of default and intent to accelerate by certified mail, followed by a formal notice of trustee sale filed at least 21 days before sale with the Collin County Clerk, posted at the designated area at the Collin County Courthouse, and served on the debtor. Foreclosure public auctions must take place on the first Tuesday of the month between 10:00 AM and 4:00 PM at the designated public sale location at the Collin County Courthouse.
Texas Property Code § 51.002; Collin County Commissioners Court Courthouse Designation Order.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.