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Improved Mixed-Use Land for Sale in McKinney, Texas

2252 County Road 342, McKinney, TX 75071

$2,493,000
8 acres
Active
ago
Est $15,601/mo

Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISD

This is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside.

The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service.

The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare.

Infrastructure is already in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI.

For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground.

Properties with this income, acreage, and infrastructure do not exist at this price point.

Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator.

Buy it for the income. Hold it for the appreciation. Expand it for exponential returns.

This is not a maybe deal this is a generational asset. Schedule a showing before it's gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.

13,100
Sq feet
14
Beds
10
Full baths
1981
Built

Location

Street address
2252 County Road 342
Community
Dew Babb Surveytract 8
Elevation
627 feet
Coordinates
33.2585, -96.5598

Property details

Acreage
7.98 acres
MLS #
NTREIS 21134836
Posted

Parcels

  • R603400000801

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Covered, Driveway
Fencing
Fenced
Features
Fence, Fire Pit

Structure

Style
Ranch
Stories
1
Heating
Central, Electric, Fireplace(s), Heat Pump
Cooling
Ceiling Fan(s), Central Air
Materials
Brick
Roof
Composition

Interior

Rooms
Bathroom x 5, Bedroom x 5
Flooring
Carpet, Vinyl
Appliances
Cooktop, Dishwasher, Dryer, Electric Cooktop, Garbage Disposer, Microwave, Refrigerator, Washer
Features
Decorative Lighting, Double Vanity, Eat-In Kitchen, Granite Counters, High Speed Internet Available

Nearby schools

NameLevelDistrictDescription
SumeerElementary

Listing history

DateEventPriceChangeSource
Dec 19, 2025New listing$2,493,000NTREIS
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This 7.98-acre property is located at 2252 County Road 342 in McKinney, TX 75071. The property is available for sale for $2,493,000. It has a 13,100 sq ft 14 bedroom, 10 bath house built in 1981.

Checked 7 hours ago — Updated

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