← All homes

985 Cr-364

Melissa, TX 75454

$7,000,000

Land · 23.13 ac · $303K/ac

Acres23.126 acres
Price per acre$302,690 / acre
ZoningResidential
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

Taxes$9,995 per year
MUDNone listed
HOANone listed
Price per acre$302,690
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

Lot featuresAcreage
ElectricElectricity Available

ZoningResidential
RestrictionsNone
EasementsAccess

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionJacob Gragg Surv Abs #339

ElementaryHighland
Middle schoolEast Cardinal
High schoolMelissa
DistrictMelissa ISD

MLS #21298779
Source
On the market19 days
CountyCollin

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 2.1 mi
Nearest parkCity of Melissa 90 Acre Park · 1.0 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of eXp Realty LLC — Rebekah Elliott.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 985 Cr-364 Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21298779. Information last updated June 30, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top