$7,000,000
 $39,745 est/mo Sourced by Back At You

985 Cr-364,Melissa, TX 75454

Melissa, TX 75454

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Description

Exceptional Development Opportunity in Melissa, Texas Rare, hard-to-find large tract of land in Melissa with potential commercial capability. Located in the ETJ, this property presents a rare opportunity to acquire a significant tract in a rapidly expanding growth corridor. Subject to zoning and municipal approval, the property may be well suited for mixed-use, commercial, retail, office, medical, daycare, restaurant, or service-oriented development. This prime tract is ideally positioned directly across from the new high-end planned Wolf Creek Farms build-to-rent community and just minutes from Melissa's new elementary school, placing it squarely in the path of significant residential expansion. The property also backs up to the Collin County Outerloop, adding long-term strategic access and visibility potential as regional infrastructure continues to develop. Conveniently located approximately 2-3 minutes from Highway 5 and about 5 minutes from US Highway 75, the site offers excellent accessibility to McKinney, Anna, Sherman, and the broader Dallas-Fort Worth Metroplex. This strategic location provides strong connectivity and visibility within one of North Texas' fastest-growing submarkets. Surrounded by ongoing and planned residential development-including large-scale single-family rental communities-this tract presents strong long-term potential for a wide range of future uses. Melissa continues to experience rapid population growth, strong school expansion, and increasing demand for commercial amenities. As development continues pushing north along the US-75 corridor, opportunities of this caliber are becoming increasingly limited.

Details

MLS #21298779
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site148
Listing Provided ByeXp Realty LLC | Rebekah Elliott

Features

ZoningResidential
Acreage23.13

Exterior

Lot FeaturesAcreage

Utilities

UtilitiesElectricity Available

Taxes

Unexempt Taxes9995
Tax Legal DescriptionABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126

Area Information

StateTX
CountyCollin
CityMelissa
Zip Code75454
AreaCollin
Community NameJacob Gragg Surv Abs #339
School DistrictMelissa ISD
Elementary SchoolHighland
High SchoolMelissa
Listing VS Median (in Jacob Gragg Surv Abs #339)
Price:
$7,000,000
low | high
Med:
$0
On site:
148
low | high
Med:
Sourced by Back At You

Market Activity 75454

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyCollin
CityMelissa
Zip Code75454
AreaCollin
Community NameJacob Gragg Surv Abs #339
School DistrictMelissa ISD
Elementary SchoolHighland
High SchoolMelissa
Listing VS Median (in Jacob Gragg Surv Abs #339)
Price:
$7,000,000
low | high
Med:
$0
On site:
148
low | high
Med:
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:27:23 AM PDT