Exceptional Development Opportunity in Melissa, Texas
Rare, hard-to-find large tract of land in Melissa with potential commercial capability. Located in the ETJ, this property presents a rare opportunity to acquire a significant tract in a rapidly expanding growth corridor. 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.
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. The property also backs up to the Collin County Outerloop, adding long-term strategic access and visibility potential as regional infrastructure continues to develop.
Conveniently located approximately 2–3 minutes from Highway 5 and about 5 minutes from US Highway 75, the site 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.
Lot/land
$7,000,000
985 County Road 364, Melissa, TX 75454
--beds
--baths
23.13Acres
Unimproved Land
Built in ----
23.13 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Located in the etj
- 77 days
- 28
- 0
Zillow last checked:
Listing updated:
Listed by:
Rebekah Elliott 0724804 214-293-4620,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 21298779
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 23.13 Acres
- Features: Acreage
Details
- Parcel number: R633900000201
- Zoning description: Residential
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Jacob Gragg Surv Abs #339
HOA
- Has HOA: No
Location
- Region: Melissa
Financial & listing details
- Annual tax amount: $9,995
- Date on market: 6/18/2026
- Cumulative days on market: 85 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $7,000,000 |
Source: NTREIS #21298779 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 75454
Nearby schools
Schools provided by the listing agent
- Elementary: Highland
- Middle: East Cardinal,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.




