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TBD State Hwy 5 Melissa, TX $ 1,960,000
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$ 1,960,000 Get more info
TBD State Hwy 5
$ 1,960,000
Back to search
Share Save

TBD State Hwy 5

Melissa, TX, 75454
$ 1,960,000
Baths0.0

Monthly Estimate*

$ 12,228

TBD State Hwy 5, Melissa, TX 75454 - Image 1
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TBD State Hwy 5, Melissa, TX 75454 - Image 4
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TBD State Hwy 5, Melissa, TX 75454 - Image 9
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Studio

Lots and Land for sale in Melissa, TX

for $1,960,000. The lot size is 3.75.

Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.

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Lots and Land Active

Price

$ 1,960,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 11

Style

Unimproved Land

Lot Size

3.75

Town/City

Melissa

County/Region

Collin

MLS | Web ID

20860788
Features
General
Development Status City Limits
Utilities Electricity Available
Possession Closing/Funding
current use Agricultural Pasture
Restrictions Other
School District Melissa ISD
Property Subtype Unimproved Land
Subdivision Name D E W Babb Survey
County Collin
Property Type Land
HOA Type None
Status Active
Directions The pinned location in MLS is accurate. Call agent with questions. From McKinney north on U.S. 75 Central Expressway. Take HWY 121 north to the HWY 5 split. North on HWY 5. Property is across from Ci
City Melissa
Elementary School Name Harry Mckillop
High School Melissa
Elementary School Harry Mckillop
Standard Status Active
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Exterior
Lot Features Acreage
Fencing None
Lot Size Source Assessor
Lot Size 3 to < 5 Acres
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* Excluded Features
List By
Lea Ochs

Listing Agent

Resident Realty, Ltd.

Broker

Affordability Calculator

$12,229
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,228
Monthly Property Taxes
$1
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286171 Elementary School
3676429 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/4/2025 $1,960,000 Listed Price

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TBD State Hwy 5, Melissa, TX, 75454 is a Lots and Land for sale at $1,960,000 with a lot size of 3.75. TBD State Hwy 5 is a studio with 0.0 baths. The property's zip code is 75454 which is in Melissa, TX

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