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985 Cr-364 Melissa, TX 75454

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UPDATED:

$ 7,000,000
985 Cr-364 Melissa, TX 75454
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985 Cr-364, Melissa, TX 75454
985 Cr-364, Melissa, TX 75454
985 Cr-364, Melissa, TX 75454
985 Cr-364, Melissa, TX 75454
985 Cr-364, Melissa, TX 75454
985 Cr-364, Melissa, TX 75454
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GP Theriot IV

GP Theriot IV

gp@gptheriot.com +1(214) 789-5888
$ 7,000,000
Est. payment | /mo

23.13 Acres Lot


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$ 7,000,000
Est. payment | /mo
Save Virtual Tour

23.13 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Jacob Gragg Surv Abs #339

MLS Listing ID 21298779

HOA Y/N No

Annual Tax Amount $9,995

Lot Size 23.126 Acres

Acres 23.126

Property Sub-Type Unimproved Land

Property Description

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

State TX

County Collin

Zoning Residential

Direction 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.

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Private Pool No

Building

Lot Description Acreage

Schools

Elementary Schools Highland

Middle Schools East Cardinal, Melissa Ridge

High Schools Melissa

School District Melissa Isd

Others

Tax ID R633900000201

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21298779

Nearby Locations

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GP Theriot IV
GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) | Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

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985 Cr-364

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Broker - TransparentProud Partner of FGP

eXp Realty

GP Theriot IV Lic# 0817775

+1(214) 789-5888 gp@gptheriot.com

5605 North McArthur Blvd, Irving, TX 75038, USA

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