Rare opportunity to own a highly visible property located directly on State Highway 78 in the rapidly growing Blue Ridge area of Collin County. Perfectly positioned between 121 and 380. This property offers a unique combination of residential use, highway frontage, and future commercial potential with beautiful views. Excellent investment, owner-user, or redevelopment opportunity. Builders, Investors, and Business Owners whether you envision a stunning custom home or an exciting commercial development, this versatile lot offers endless possibilities. 1.01-acre corner-style, no HOA, commercial opportunity with High-visibility along State Highway 78 frontage which is hard to find. Also a rear street access for additional ingress-egress. City water, sewer, and electric already on site. 1,377 sq. ft. shop with dedicated office area featuring a 39x27 main workspace and an additional 18x18 which can be used as office or storage. Residentially zoned but primed for rezoning to commercial use. Minutes from Melissa, McKinney, Farmersville, Princeton, Greenville and other rapidly growing areas. Just minutes from Melissa, one or the fastest growing. communities in North Texas, convenient access to: •HEB • Buc-ee's • Walmart • Kroger • Restaurants and retail shopping • Medical offices and healthcare facilities • Melissa ISD and community amenities Easy Access to Major Highways Conveniently positioned with access to: • State Highway 78 • U.S. Highway 380 • U.S. Highway 75 • Sam Rayburn Tollway (SH 121) • Dallas-Fort Worth Metroplex *The house has little or no contributory value and the real value is in the land, Highway 78 frontage, and the shop-office building.
Lot/land
$372,000
500 N State Hwy #5, Blue Ridge, TX 75424
--beds
--baths
1.01Acres
Unimproved Land
Built in 1987
1.01 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful views
- 6 hours |
- 1 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jared English 0561973 888-881-4118,
Congress Realty, Inc. 888-881-4118
Source: NTREIS,MLS#: 21312924
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: None
Lot
- Size: 1.01 Acres
- Features: Acreage, Back Yard, Corner Lot, Lawn, Few Trees, Wooded, City Lot
- Topography: Varied
- Residential vegetation: Grassed
Details
- Additional structures: Garage(s), Mobile Home
- Parcel number: R655700212701
- Zoning description: Zoned residential with opportunity for commercial zoning
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: N-A
HOA
- Has HOA: No
Location
- Region: Blue Ridge
Financial & listing details
- Annual tax amount: $3,128
- Date on market: 6/29/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $372,000 |
Source: NTREIS #21312924 Report a problem | ||
Public tax history
Tax history is unavailable.
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: 75424
Nearby schools
GreatSchools rating
- 10/10Roland Reynolds Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 9/10Franklin Middle SchoolGrades: 5-8Distance: 0.7 mi
- 7/10Franklin High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Blueridge
- Middle: Blueridge
- High: Blueridge
- District: Blue Ridge ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Robertson County
- Franklin
- 75424
- 500 N State Hwy Unit 5
