985 Cr-364 Melissa, TX $ 7,000,000
985 Cr-364
$ 7,000,000
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985 Cr-364

Melissa, TX, 75454
$ 7,000,000
Baths0.0

Monthly Estimate*

$ 44,199

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Studio

Lots and Land for sale in Melissa, TX

for $7,000,000. The lot size is 23.126.

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.

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Lots and Land Active

Price

$ 7,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,995

Style

Unimproved Land

Lot Size

23.126

Town/City

Melissa

County/Region

Collin

MLS | Web ID

21298779

Features
General
Development Status Zoned
Utilities Electricity Available
Possession Closing/Funding
Restrictions None
School District Melissa ISD
Property Subtype Unimproved Land
Subdivision Name Jacob Gragg Surv Abs #339
Occupant Type Vacant
County Collin
Property Type Land
HOA Type None
Status Active
Directions 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 prope
City Melissa
Elementary School Name Highland
High School Melissa
Elementary School Highland
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage
Lot Size 10 to < 50 Acres
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Internal Only
Street Number 1 985
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* Excluded Features
List By
Rebekah Elliott

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$45,032
Per Month
98%
2%
0%
Monthly Principal & Interest
$44,199
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5303107 Elementary School
3676429 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/18/2026 $7,000,000 Listed Price

Map


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985 Cr-364, Melissa, TX, 75454 is a Lots and Land for sale at $7,000,000 with a lot size of 23.126. 985 Cr-364 is a studio with 0.0 baths. The property's zip code is 75454 which is in Melissa, TX