Skip to main contentSkip to navigation
1 / 30

Mixed-Use Land for Sale in Melissa, Texas

985 County Road 364, Melissa, TX 75454

$7,000,000
23.1 acres
Active sale
Est $48,315/mo

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.

Location

Street address
985 County Road 364
Zip code
75454
Community
Jacob Gragg Surv Abs #339
School district
Melissa ISD
Elevation
601 feet
Coordinates
33.3135, -96.5749

Directions

From US-75, exit onto Melissa Road and head east. Continue through the intersection at McKinney Street, then turn left onto County Road 364. Follow County Road 364 for approximately one mile. The property will be on your right.

Property details

Acreage
23.126 acres
Zoning
Residential
MLS #
NTREIS 21298779
Posted

Property taxes

Recent
$9,995

Parcels

  • R633900000201

Legal description

Details and features

Listing

Type
Land

Lot

Features
Acreage

Nearby schools

NameTypeDistrict
HighlandElementaryMelissa ISD
East Cardinal,Melissa RidgeMiddleMelissa ISD
MelissaHighMelissa ISD

Listing history

DateEventPriceChangeSource
June 18, 2026New listing$7,000,000NTREIS
Subscribe to listing updates

Payment calculator

This 23.126-acre property is located at 985 County Road 364 in Melissa, TX 75454. The land is available for sale, priced at $7,000,000 — $302,690 per acre.

Listed by eXp Realty, (888) 519-7431

Checked 2 hours agoUpdated Source

Report listing issue

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact