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Improved Land for Sale in Josephine, Texas

324 N Greenville Rd, Josephine, TX 75173

$1,590,000
22 acres
Active
ago
Est $9,276/mo

Positioned on 22+ acres in rapidly growing Josephine on the eastern edge of Collin County, this property offers a rare opportunity for residential, commercial, or mixed-use development in one of North Texas’ emerging growth corridors. Located directly across from the brand-new Ellis Elementary School and near the future planned middle school, the site sits at the center of an expanding residential community with increasing demand for homes, retail and services.

The property features flat, mostly cleared land with scattered mature trees, offering an ideal development canvas. Approximately 4 acres at the front lie within Josephine city limits and include a 1344 sq ft home (1950) and a 30×50 shop with electricity (no real value placed here), while the rear 18+ acres fall within Josephine’s ETJ and currently have no zoning restrictions, allowing exceptional flexibility for development. Potential uses could include multifamily, retail, mixed-use, neighborhood commercial center, event venue, or a larger single-tenant retail concept, subject to buyer plans. Annexation into the city is welcomed but not required.

Josephine is experiencing significant infrastructure and population growth, with Greenville Street expanding to four lanes and numerous new residential subdivisions underway throughout the area. Despite the rapid housing growth, retail and commercial services remain extremely limited, creating a clear opportunity for investors and developers. Currently, residents travel 20+ minutes for dining, major retailers and shopping.

Local development plans and community reports indicate that major national retailers are evaluating expansion along the Highway 6 corridor, further supporting long-term growth potential in the area.

With strong visibility, proximity to new schools, flexible land use potential, and clear retail demand, this property presents an outstanding opportunity to secure a strategic site in the path of Josephine’s continued expansion.

1,344
Sq feet
3
Beds
2
Full baths
1950
Built

Location

Street address
324 N Greenville Rd
Elevation
586 feet
Coordinates
33.0713, -96.3092

Directions

Follow GPS. From Wylie - take 78 East. Turn right on FM 6 (east). Turn left on Main Street, then slight left on FM 547. Right on Hubbard, which curves to left and turns into Greenville. Property on right SIY.

Property details

Acreage
22.05 acres
MLS #
NTREIS 21196987
Posted

Parcels

  • R620100000201

Legal description

Details and features

Listing

Type
Residential
Subtype
Farm

Lot

View
Park

Exterior

Parking
Driveway
Structures
Barn(s), RV/Boat Storage, Stable(s), Storage
Features
Private Entrance, RV/Boat Parking, Stable/Barn

Structure

Style
Ranch
Stories
1
Heating
Central, Natural Gas
Cooling
Ceiling Fan(s), Central Air, Electric
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 3
Appliances
Gas Range, Range

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
Mildred B. EllisElementary

Listing history

DateEventPriceChangeSource
Mar 5, 2026New listing$1,590,000NTREIS
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This 22.05-acre property is located at 324 N Greenville Rd in Josephine, TX 75173. The property is available for sale for $1,590,000. It has a 1,344 sq ft 3 bedroom, 2 bath house built in 1950.

Checked 2 hours ago — Updated

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