Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.
Lot/land
$2,450,250
State Highway 5 N, Melissa, TX 75454
--beds
--baths
3.75Acres
Unimproved Land
Built in ----
3.75 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 129 days |
- 23 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Lea Ochs 0630837 214-620-8933,
Resident Realty - Dallas 214-620-8933
Source: NTREIS,MLS#: 21193085
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: None
Lot
- Size: 3.75 Acres
- Features: Acreage, City Lot
Details
- Parcel number: R603300408801
- Zoning description: Current state code D1 Qualified Ag Land
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: D E W Babb Survey
HOA
- Has HOA: No
Location
- Region: Melissa
Financial & listing details
- Annual tax amount: $11
- Date on market: 3/5/2026
- Cumulative days on market: 440 days
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,098/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $2,450,250+25% |
Source: NTREIS #21193085 Report a problem | ||
| 3/5/2026 | Listing removed | $1,960,000 |
Source: NTREIS #20860788 Report a problem | ||
| 3/4/2025 | Listed for sale | $1,960,000 |
Source: NTREIS #20860788 Report a problem | ||
| 12/24/2024 | Listing removed | $1,960,000 |
Source: NTREIS #20589285 Report a problem | ||
| 4/16/2024 | Listed for sale | $1,960,000 |
Source: NTREIS #20589285 Report a problem | ||
| 2/8/2024 | Listing removed | -- |
Source: NTREIS #20403645 Report a problem | ||
| 8/9/2023 | Listed for sale | $1,960,000-15.5% |
Source: NTREIS #20403645 Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: NTREIS #20060518 Report a problem | ||
| 5/17/2022 | Listed for sale | $2,320,000 |
Source: NTREIS #20060518 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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
Nearby schools
GreatSchools rating
- 10/10Harry McKillop Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Melissa Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Melissa High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Harry Mckillop
- Middle: Melissa
- 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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Contact agent
- Texas
- Collin County
- Melissa
- 75454
- State Highway 5 N