3D tour
$2,450,250
· 3.75 acre lot
State Highway 5, Melissa, TX 75454
Land ·
$12,455/mo est. payment
3D tourFlood factor 1/10
About this home
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.
Facts and features
Land Info
- Lot Description: Acreage, City Lot
- Lot Size Acres: 3.75
- Lot Size Source: Assessor
- Number of Lots: 2
- Lot Size Square Feet: 163350
Exterior and Lot Features
- Road Frontage Type: City Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Harry Mckillop
- High School: Melissa
- Middle School: Melissa
Other Property Info
- Source Listing Status: Active
- Tax Block: 4
- County: Collin
- Current Use: Agricultural, Pasture
- Directions: The pinned location in MLS is accurate. Call agent with questions. From Mc Kinney, north on U.S. 75 Central Expressway. Take HWY 121 north to the HWY 5 split. North on HWY 5. Property is across from City Hall.
- Restrictions: Other Restrictions
- Source Property Type: Land
- Source Neighborhood: D E W Babb Survey
Utilities
- Electricity available
Schools
- 9
Melissa Middle School
middle · 6-8 · 0.6 mi
- 8
Melissa High School
high · 9-12 · 1.9 mi
- 10
Willow Wood Elementary School
elementary · K-5 · 2.1 mi
North Texas Christian Academy
elementary · K-12 · 4.8 mi
- 10
Harry McKillop Elementary School
elementary · K-5 · 1.2 mi
- 9
North Creek Elementary School
elementary · K-5 · 2.2 mi
Price history
- Mar 6, 2026 · Listing Removed—
- Mar 5, 2026 · Listed$2,450,250
- Feb 11, 2026 · Relisted$1,960,000
- Feb 10, 2026 · Listing Removed—
- Mar 4, 2025 · Listed$1,960,000
- Dec 25, 2024 · Listing Removed—
- Apr 16, 2024 · Listed$1,960,000
- Feb 8, 2024 · Listing Removed$1,960,000
Tax history
- 2026$9 tax · $525 assessed
- 2025$10 tax · $519 assessed
- 2023$9 tax · $510 assessed
- 2022$10 tax · $502 assessed
- 2021$11 tax · $493 assessed
- 2020$11 tax · $493 assessed
- 2019$11 tax · $484 assessed
- 2018$12 tax · $478 assessed
Where it is
Listed by Lea Ochs · Resident Realty - Dallas · NTREIS
