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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
    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.
    31 days
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    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: 39 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Listed for sale$7,000,000
        Source: NTREIS #21298779 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: 75454

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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