Exceptional Development Opportunity in Melissa, TexasRare, 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.
Listed By
Agency Name: eXp Realty LLC
Agency Contact: 214-293-4620
Agent Name: Rebekah Elliott
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Estimated Payment
$ 17,620.63 per month $15,578.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,041.67 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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985 Cr-364 | MLS# 21298779
This land located at 985 Cr-364, Melissa, TX 75454 is currently listed for sale with an asking price of $7,000,000. The property has approximately 23.13 Acres. Cr-364 is located within the Melissa ISD school district. Search Melissa real estate on karenschaeper.kellyrealtors.com today.