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Land for Sale in Melissa, Texas

State Highway 5, Melissa, TX 75454

$1,960,000
3.75 acres
Active
Est $16,040/mo

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.

Location

Street address
State Highway 5
Community
D E W Babb Survey
Elevation
699 feet
Coordinates
33.2922, -96.5694

Property details

Acreage
3.75 acres
MLS #
NTREIS 20860788
Posted

Parcels

  • R603300408801

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameLevelDistrictDescription
Harry McKillopElementary

Listing history

DateEventPriceChangeSource
Mar 4, 2025New listing$1,960,000NTREIS
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This 3.75-acre property is located at State Highway 5 in Melissa, TX 75454. The property is available for sale for $1,960,000 with a price per acre of $522,667.

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