The Smartest Point in Real Estate|Bryan · College Station · Houston · DFW · All of Texas
REO.properties|(979) 229-7254
Home/Texas homes/TBD State Hwy 5
LANDMLS 21193085VIRTUAL TOUR

$2,450,250

TBD State Hwy 5 · Melissa, TX, 75454

Lot
3.75 acres
Type
UnimprovedLand

About this home

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.

Details

UnimprovedLand3.75 acres lotD E W Babb SurveyActiveMLS 21193085
AI

Ask the House

Ask anything about this home — I answer from its MLS record and the FEMA flood map. Anything not on file, I hand to Sherry.

Answers come from this listing's MLS data and public flood maps — not a guess. For anything not on file, Sherry confirms it for you. AI answers should always be double-checked before you rely on them.

What would this cost to own?

Adjust the assumptions to estimate your monthly cost and equity over time. Estimates only — verify rates with a lender.

20% · $490,050
% APR
Estimated monthly
/mo
Calculating…
Equity in 10 yrs
Calculating…

Estimates only — not a lending offer or financial advice.

More of Sherry's listings

Listing courtesy of Resident Realty - Dallas. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.