985 Cr-364 Melissa, TX 75454
23.13 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Jacob Gragg Surv Abs #339
MLS Listing ID 21298779
HOA Y/N None
Annual Tax Amount $9,995
Lot Size 23.126 Acres
Acres 23.126
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Collin
Zoning Residential
Direction From US-75, exit onto Melissa Road and head east. Continue through the intersection at McKinney Street, then turn left onto County Road 364. Follow County Road 364 for approximately one mile. The property will be on your right.
Exterior
Utilities Available Electricity Available
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Highland
Middle Schools East Cardinal
High Schools Melissa
School District Melissa Isd
Others
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21298779
