Listing provided courtesy of eXp Realty LLC- MLS# 21298779MLS ProviderContact Information: Rebekah Elliott - 214-293-4620

985 Cr-364Melissa, TX 75454

Vacant Land · 23.13 Acres
$7,000,000 Active

985 Cr-364 Overview

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Exceptional Development Opportunity in Melissa, Texas Rare, hard-to-find large tract of land in Melissa with potential commercial capability. 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. Located in the ETJ, this is a rare opportunity to acquire a significant tract in a rapidly expanding growth corridor. 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. Conveniently located approximately 2–3 minutes from Highway 5 and about 5 minutes from US Highway 75, the property 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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985 Cr-364 Facts & Features

  • Type Vacant Land
  • Lot 23.13 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Melissa ISD
  • Elementary School: Highland
  • Middle Or Junior School: East Cardinal,Melissa Ridge
  • High School: Melissa

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: MELISSA
  • Subdivision Name: Jacob Gragg Surv Abs #339

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 9995.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R633900000201
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 23.126
  • Lot Size Area: 23.126
  • Lot Size Square Feet: 1007368.56
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

985 Cr-364 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

985 Cr-364 Market Data

Based on the last 30 days in this zip code

$558,786
Average List Price
$205
Average Price per Square Foot
29
Properties Sold
374
Average Days on Market
556
Properties for Sale
Calculations provided by Reliance Network


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