Prime investment opportunity in the heart of downtown Melissa! Located at 3201 Central Street, this property sits on an oversized lot just under half an acre, offering rare space and flexibility in a rapidly growing area.
Positioned within the downtown corridor, this property presents strong redevelopment potential—ideal for investors, builders, or those looking to capitalize on Melissa’s continued expansion. The near half-acre lot size provides multiple possibilities for future use, making it a standout opportunity in this location.
A valuable feature of the property is the active water well, offering potential utility savings and added functionality for future development or improvements.
Surrounded by ongoing growth, new construction, and increasing demand, this property is strategically located with convenient access to major thoroughfares while maintaining a highly desirable central location.
Opportunities like this—nearly half an acre, downtown location, and long-term upside—are becoming increasingly limited in Melissa. Don’t miss your chance to invest in one of North Texas’ fastest-growing markets.
Lot/land
Street View
$225,000
3201 N Central St, Melissa, TX 75454
--beds
--baths
0.43Acres
Unimproved Land
Built in ----
0.43 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Nearly half an acre
- 3 hours
- 8
- 0
Zillow last checked:
Listing updated:
Listed by:
Corey Jones 0773339 (940)484-9411,
Keller Williams Prosper Celina 972-382-8882
Source: NTREIS,MLS#: 21227286
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.43 Acres
- Features: Interior Lot, Subdivision, Few Trees, City Lot
Details
- Parcel number: R1085001008A1
- Zoning description: Single Family
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Melissa Div
HOA
- Has HOA: No
Location
- Region: Melissa
Financial & listing details
- Tax assessed value: $141,750
- Annual tax amount: $2,468
- Date on market: 9/3/2026
- Cumulative days on market: 137 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Other,Texas Vet,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,878/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $225,000 |
Source: NTREIS #21227286 Report a problem | ||
| 8/24/2026 | Listing removed | $225,000 |
Source: NTREIS #21227286 Report a problem | ||
| 4/10/2026 | Listed for sale | $225,000-9.3% |
Source: NTREIS #21227286 Report a problem | ||
| 9/1/2025 | Listing removed | $248,000 |
Source: NTREIS #20720073 Report a problem | ||
| 1/23/2025 | Listed for sale | $248,000 |
Source: NTREIS #20720073 Report a problem | ||
| 11/19/2024 | Contingent | $248,000 |
Source: NTREIS #20720073 Report a problem | ||
| 9/4/2024 | Listed for sale | $248,000 |
Source: NTREIS #20720073 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,898 +26.9% | $129,276 +20% |
| 2024 | $6,225 +50.5% | $107,730 +20% |
| 2023 | $4,135 +73% | $89,775 +20% |
| 2022 | $2,391 +200.6% | $74,813 +114.3% |
| 2021 | $795 -80.8% | $34,913 +39.7% |
| 2020 | $4,145 0% | $25,000 +30.8% |
| 2019 | $4,147 +753.7% | $19,112 |
| 2018 | $486 -1.1% | $19,112 |
| 2017 | $491 | $19,112 |
| 2016 | $491 +4.2% | $19,112 |
| 2015 | $471 | $19,112 |
| 2014 | $471 | $19,112 |
| 2013 | -- | $19,112 -20.2% |
| 2012 | -- | $23,964 -0.2% |
| 2011 | -- | $24,014 +24% |
| 2010 | -- | $19,373 -0.3% |
| 2009 | -- | $19,440 |
| 2008 | -- | $19,440 -2.2% |
| 2007 | -- | $19,885 -5.4% |
| 2006 | -- | $21,029 |
| 2005 | -- | $21,029 +2.4% |
| 2004 | -- | $20,538 -3.6% |
| 2003 | -- | $21,300 +113% |
| 2000 | -- | $10,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75454
Nearby schools
Schools provided by the listing agent
- Elementary: Melissa
- Middle: Melissa Ridge
- High: Melissa
- District: Melissa ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




