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Lot/land
  • $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 acreActive water well
    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.
    100 days
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    92
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Corey Jones 0773339 (940)484-9411,

    Keller Williams Realty 940-484-9411

    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: 4/10/2026
      • Cumulative days on market: 103 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

        DateEventPrice
        4/10/2026Listed for sale$225,000-9.3%
        Source: NTREIS #21227286 Report a problem
        9/1/2025Listing removed$248,000
        Source: NTREIS #20720073 Report a problem
        1/23/2025Listed for sale$248,000
        Source: NTREIS #20720073 Report a problem
        11/19/2024Contingent$248,000
        Source: NTREIS #20720073 Report a problem
        9/4/2024Listed for sale$248,000
        Source: NTREIS #20720073 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75454

        Getting around

        34 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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