2494 BRYAN STREET, MELISSA, TX 75454

Homes for sale in Melissa.

Homes for sale in 75454.


Status of the property has changed, please contact for details

List Price$5,769,217

2494 Bryan Street

Melissa, TX 75454

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21109314

18.27

Acres

Lots / Land

Type

About This Property

Vanguard Real Estate Advisors ("VREA") is pleased to present qualified investors and developers the opportunity to acquire approximately 18.268+- acres located along Milrany Lane, in the rapidly growing city of Melissa, Texas. Approximately 6+- acres is zoned SF-3, which permits single-family development with minimum lot width of 60'. The remaining 12.27+- acres is zoned Agricultural. The Site is located less than a mile southeast from State Highway-121, providing rapid access to McKinney and the greater North Texas area. Exponential growth and ongoing development in Melissa makes this Site highly desirable. The Site is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, and high density single family development. At an asking price of only $7.25 per square foot ($5,769,217 total) the Site represents a unique opportunity to purchase an exceptionally located property in one of DFW's fastest growing areas.

Property Features

Location Information

County

Collin

Subdivision

NA

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Sewer Available, Water Available

Zoning

Single Family and AG

Lot Description

Acreage

Development Status

Zoned

Lot Size in Acres

18.268

Is One Story

No

Lot Size in Sq. Ft.

795,754

Lot Description

Acreage

School

Elementary School District

Melissa ISD

Jr. High School

Melissa

Elementary School

Melissa

High School

Melissa

Additional Information

Property Type

LL

Status

Pending

Property SubType

Unimproved Land

Has a Home Owners Association

No

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Mortgage Calculator

$26,942

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$20,789

Monthly Tax

$4,807

Monthly Insurance

$1,346

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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