Fairview

A SMALL TOWN WITH A BIG PRESENCE

Estimated Population in 2016 … 8,500
Land Size … 8.8 Square Miles
2 School Districts … Lovejoy and McKinney

The History

The community of Fairview is located by McKinney and Allen. It was incorporated in 1958. The Houston Texas Central Railroad and the Interurban tracks ran through the community. Neither set of tracks is in use at the present time.

The Houston & Texas Central Railroad Historical District in Fairview, Texas was placed on the National Register of Historic Places in May of 2010.  The main attractions include the stone arched railroad bridge over Sloan Creek circa 1890 and the Trolley Lake Dam circa 1930.  Trolley Lake was a swimming pool for the general public and Club Lake was directly below the Trolley Lake Dam (built in 1915).  A smaller arched dam made of bricks in located south of the main bridge about one mile.  These are located on private property near to the old railroad underpass on Highway 5, north of the Fairview Town Hall.  An original electric train “interurban” ran alongside the railroad tracks from 1908 until 1948 and the cement abutments are intact for the bridge that was over Sloan Creek.

The Houston & Texas Central Railroad was the first railroad running through Texas beginning in 1872.  This bridge however, was built in around 1890 made with large stone that are the same as the stone used for the Allen Station Dam.  The original bridge in 1872 was probably made of wood and needed to be replaced by 1890 due to flooding.  By 1927 the Texas and New Orleans Railroad had bought the H& TC Rail lines.  The west wingwalls have had the stones replaced by cement due to erosion from floods in 1940 and again in 1960.  The east wingwalls have the south one extant while the north one has collapsed and needs to be repaired.

What Makes Fairview Such a Special Town?

For decades, people didn’t even know Fairview existed, even people living in Allen across the street.  There was no sign on Central Expressway.  You just kind of stumbled on the small town driving down a two lane asphalt road called Stacy.  And then Fairview and neighboring Allen on the other side of Stacy Rd exploded with 3 million square feet of commercial, retail, restaurants, and entertainment in a two year period.

Fairview never lost its charm and the town was wise to control growth in a responsible manner and retain that small town feeling.  It’s only 9 square miles in size with a population of around 10,000 people, but it’s a small town with a big presence.  Its very substantial tax base which comes from the major retail development at the corner of Stacy Rd and Central Expressway and also the residence property taxes.

I don’t know of many small towns the size of Fairview with their own, new four story town hall building.  Or a fully staffed and equipped police and fire department.  Their new fire station is state of the art with another on the way.

People who move to Fairview usually do so for the same reasons, great schools, beautiful land and lots, trees, space around their homes, and a more relaxed quality of life.  People still wave to each other out here.  Neighbors look out for each other.  Nights in Fairview are quiet and you can still look up and see the stars.   Fairview enforces a dark skies policy with all new development, just one of the policies they have established to protect their way of life.

What you see along Central Expressway is the busy Fairview, but drive further east and you’ll find it’s strictly residential.  There are no apartments and no commercial developments.  That’s the way the townspeople want it and that’s the way it’s going to remain.  Once Fairview completely develops out with homes on big one acre lots, you’ll see the home prices really start to rise.  I’ve always said Fairview is like the Highland Park of the North, and I still feel that way.

 Great Location

Fairview actually touches two major thoroughfares, Central Expressway (SH 75) on its west side and SH 121 on the north.  Those provide quick access to the Richardson Telecom Corridor (State Farm), Plano (Toyota, Liberty Mutual) and Frisco (home of several sports teams).  SH 121 is a straight shot to DFW Airport with no stops from Fairview.

Lake Lavon is on on the east side of Fairview and there is no bridge crossing.  That means there is no traffic coming from that direction.  Fairview congestion is minimal but as the eastern area of Fairview becomes developed out, traffic will increase.  With one acre lot minimums, even when Fairview is fully developed out, traffic will be minimal as compared to the more congested Dallas suburbs.

 Homes Are on One Acre Lot Minimums

When you drive through Fairview, you’ll notice almost all of the homes are on huge lots.  Those are all a minimum of one acre.  The only exception to this rule are several developments in far west Fairview along Greenville Ave and Central Expwy which is zoned commercial and Heritage Ranch, an active living adult development. Public sewer was brought in to serve those high density areas, but other than those, all of the residential areas are on a at least one acre.  There are two good reasons why …

But the bulk of Fairview homes are on a minimum of one acre, and some tracts are much larger. There are two reasons for this.

First, Fairview wants to keep lots on at least one acre in size.  It’s what makes it special.  Some cities might prefer high density residential developments including apartments which will increase their tax base, Fairview doesn’t. Those tracts were zoned for a minimum of 1 acre long ago, but there’s another story too.

Because public sewer is not provided to the bulk of Fairview, homes have to have their own septic system.  It might be the newer style aerobic system, or the older drain field septic system, but either way, one acre is the minimum requirement for septic systems to work properly.  Even if a developer tried to come into Fairview and rezone for higher density zoning on a tract, it wouldn’t be allowed.  EPA requirements wouldn’t allow it.

When I hear people complain there’s no sewer in Fairview, I gently remind them if sewer were in place (and some day years from now, it might be forced upon Fairview), we would look just like Plano or Allen with 5, 6, 7 or more homes on an acre of land.  As it is, all of the high density and congestion is in far west Fairview, but from Meandering Way east, it’s all homes on big lots.

There is one downside to the large lot requirements.  Land is so expensive it’s getting impossible to find a home for under $300K.  For better or worse, Fairview has become a very high end community.  It doesn’t have the crime problems if higher density cities surrounding it.  It’s a little gem in many ways.

Beautiful Estate Homes

We sold all of these homes and several more than once

 Fabulous Schools

There are two school districts serving Fairview, Lovejoy ISD and McKinney ISD.  Both school systems are excellent however Lovejoy has become the largest draw for buyers moving to Fairview.  In all the years I’ve been selling real estate in Fairview, the one comment I keep hearing over and over is … “Don’t show me any homes that aren’t in Lovejoy”.

McKinney ISD schools are located further north and some require driving up Central Expressway, however all of the Lovejoy schools are within either Fairview or Lucas.  That’s the first advantage Lovejoy has over McKinney ISD.

McKinney ISD is a very large school district which serves a city of about 150,000.  Lovejoy ISD serves the two small towns of Fairview and Lucas, plus a very small portion of Allen.  There might be 20,000 total residents in Lovejoy ISD, so it’s a completely different feeling.  If you want your kids going to a large district with all the advantages that brings in sports and extended curriculum, McKinney ISD might be the way to go.

However, if you want your kids to attend a small school district with everything that offers along with a long held reputation of excellence, Lovejoy is the best route.  The district is so small, kids, faculty and administration know each other.  Kids can participate in more activities.

Every year we move families in from the Park Cities (which has one of the finest public school districts in the state) into Lovejoy ISD.  Families are also moving into Lovejoy from private schools at a brisk pace.  With private school rates at $35-$40K per child, that can be a very costly luxury for a family with more than one child.

I’ve never moved a family into Lovejoy from another school district (public or private) who moved back for schools.  To the person, those clients have told me there was absolutely no drop-off in education.  They say it’s every bit as good and even better.

The parents of Lovejoy students demand a quality education and they have the resources to make it happen.  Lovejoy facilities are all newer and top notch.  The facilities for the minor sports are just as impressive as the football facilities.  Go to any PTA meeting or meet the teacher and you’ll have to get there early to find a parking spot.  Parents are actively involved in their kid’s education, and we all know how critical that is for a quality education.

So how well respected is Lovejoy ISD?  Believe it or not, there are about 70 families who live out of the district who pay to send their kids to Lovejoy schools.  The cost is from $8K to $10K per year for an out of district student.  I don’t know how many public school districts can say that, but it certainly shows the reputation of Lovejoy ISD.

Every elementary, middle school, and high school has earned the highest rating given by the state of Texas … every single year they’ve been in existence.  I’ve always said, Lovejoy is as close to a private school system as you’ll ever find in a public system.  Below are some shots of the Lovejoy ISD athletic facilities.

 Strong City Services and Infrastructure

Fairview has a hefty tax revenue stream, not only from all the retail at Stacy and Central, but also property taxes on the residences.  It’s become almost impossible to find a home in Fairview for under $300K and there are many million dollar homes.  In fact, Fairview dwarfs Allen, a city approaching 90,000 people, in the number of homes over $1 Million, and Fairview is about 1/9th the population.

There aren’t many towns in America of under 10,000 people that have built and own their own four story administration building.  I find it fitting the rear of the building faces directly down the street with many of Fairview’s shops at the Village at Fairview.  Fairview has recently completed their new fire station, and it’s very impressive as well.  The city planners are wise with their money, and put it to good use in roads and infrastructure.  The citizens and city council are very involved in making sure developers toe the line.

Great Shopping, Restaurants, and Entertainment

Village at Fairview and Village at Allen

Fun Venues All Almost Within Walking Distance

 The Subdivisions of Fairview and Their School Districts

Lovejoy ISD

McKinney ISD

Tax Rates

As of August 2nd, 2016

Fairview with Lovejoy ISD

  • .359999 – Town of Fairview

  • .225000 – Collin County

  • .081960 – Collin County Community College

  • 1.56 – Lovejoy ISD

Total – 2.226959 (.00226959 per $100,000)

 

Fairview with McKinney ISD

  • .359999 – Town of Fairview

  • .225000 – Collin County

  • .081960 – Collin County Community College

  • 1.67 – McKinney ISD

Total – 2.336959 (.002336959 per $100,000)

Water Rates

As of August 2nd, 2016

   Water & Sewer Deposit Fees:

 

   Water only (house with septic system)

$150.00       

   Water and Sewer service

$200.00       

   Service processing fee

$25.00       

 

  NOTE: Deposits will be returned after 1 year if the customer has an on-time payment record

Fairview Listings

Compare properties

1080 Hart Road, Fairview

Approximate Lot size8 Acres
School District
SubdivisionNone
...
...
LISTED PRICE $ 995,000

691 Glenwood Circle, Fairview

Year built1996
SF4171 Sq Ft (+/-) Per Tax Rolls
Stories2
Bedrooms4
Baths4.1
Living areas2
Dining areas2
StudyYes
Garage spaces3
PoolNo
Approximate Lot size1 Acre
School District
SubdivisionRiver Oaks Phase 2
Home Peaceful Home! 4,171 sq. ft. (per tax rolls) built in 1996 4 Bedrooms/ ...
Home Peaceful Home! 4,171 sq. ft. (per tax rolls) built in 1996 4 Bedrooms/ 4 Full Baths/ 1 Half Bath/ ...
LISTED PRICE $ 639,000

1361 Red Oak Trail, Fairview

Approximate Lot size
School District
SubdivisionOak Meadows
Bring your Builder! 2 to 4.6 Acre Lots with Sweeping Views! Lovejoy ...
Bring your Builder! 2 to 4.6 Acre Lots with Sweeping Views! Lovejoy ISD! ...
LISTED PRICE $ 475,000

1370 Red Oak Trail, Fairview

Approximate Lot size
School District
SubdivisionOak Meadows
Bring your Builder! 2 to 4.6 Acre Lots with Sweeping Views! Lovejoy ...
Bring your Builder! 2 to 4.6 Acre Lots with Sweeping Views! Lovejoy ISD! ...
LISTED PRICE $ 450,000

707 Elmbrook, Fairview

Approximate Lot size1 Acre
School District
SubdivisionTranquility Farms
...
...
LISTED PRICE $ 339,000

910 Foxglove, Fairview

Approximate Lot size1 Acre
School District
SubdivisionTranquility Farms
...
...
LISTED PRICE $ 329,000

321 Kentucky Lane, Fairview

Year built
SF
Stories
Bedrooms0
Baths0
Living areas0
Dining areas0
Study
Garage spaces
Pool
Approximate Lot size
School District
Subdivision
2,111 sq. ft. (per tax) 2 Acres 4 Bedrooms/ 3 Full Baths/ Living Area/ Single ...
2,111 sq. ft. (per tax) 2 Acres 4 Bedrooms/ 3 Full Baths/ Living Area/ Single Story Fireplace/ 1 Dining Area / ...
For Lease $ 2,500 Per Month

1401 Red Oak Trail, Fairview

Year builtUnder Construction
SF6339 Sq Ft (+/-) Per Builder
Stories2
Bedrooms5
Baths5.2
Living areas3
Dining areas2
StudyYes
Garage spaces4
PoolYes
Approximate Lot size4.7
School District
SubdivisionOak Meadows
...
...
LISTED PRICE $ 2,250,000