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3565 FM 1461

McKinney, TX 75071

$4,200,000 Pending

Ranch · 7.72 ac

Acres7.72 acres
Price per acre$544,041 / acre
Barns2 barns
WaterCity Water, Individual Water Meter
FencingGate
Ag exemptionAgricultural
Road accessFM Road
TypeRanch

What it costs to own

Taxes$15,936 per year
MUDNone listed
HOANone listed
Price per acre$544,041
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

INCREDIBLE MULTI USE POTENTIAL OPPORTUNITY LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. The land is in a perfect location on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is currently zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect opportunity for COMMERCIAL, STORAGE, RETAIL, or MULTI-FAMILY TYPE HOUSING with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one of a kind land opportunity.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric

Lot featuresAcreage, Agricultural, Corner Lot, Level, Many Trees, Sprinkler System, Undivided
FencingGate, Wrought Iron
Water sourceCity Water, Individual Water Meter
SewerSeptic
ElectricElectricity Connected
UtilitiesCable Available, Propane

ZoningCommercial in ETJ
RestrictionsNo Known Restriction(s)
EasementsNone listed
Documents availableSurvey

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

Current useRanch, Retail
Possible useCommercial, Investment, Mini-Storage, Retail, Warehouse
Horse amenitiesBarn, Equipment Barn, Stable(s)

ElementaryJohn A Baker
Middle schoolLorene Rogers
High schoolProsper
DistrictProsper ISD

MLS #20865287
Source
Price changeReduced by $800,000 · Mar 8, 2025
On the market76 days
CountyCollin

Around this home

One moment…

Everyday life

Nearest groceryKroger · 2.5 mi
Target · 3.3 mi
Walmart Supercenter · 3.7 mi
Nearest parkJim Ledbetter Park · 0.8 mi
Robinson Ridge Park · 1.1 mi
Myers Park · 1.4 mi

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Listing courtesy of Designer Realty — Todd Milligan.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20865287. Information last updated October 27, 2025.

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.

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