5215 COUNTY ROAD 277, MELISSA, TX 75454

Homes for sale in Melissa.

Homes for sale in 75454.


Active

List Price$4,500,000

5215 COUNTY ROAD 277

Melissa, TX 75454

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Listing #21272390

29.31

Acres

Lots / Land

Type

About This Property

29.31 COMBINED TOTAL ACRES located in Melissa Tx, Collin County on CR 277 aka Telephone Rd. This property is unzoned and has a combination of level building area for Development of Single Family homes or a Multi Family Complex and offers seclusion by the wooded area that backs up to the North Fork of the Trinity River. Exponential growth in Melissa Tx, combined with the beautiful custom homes that surround this area make the investment in North Texas worth while. This property has 3 individual, yet separate owners, ALL 3 must contract together and close together. WILL NOT sell individually. Tract 73 has a well in place, will need well pump and pumphouse. Covenants state an HOA however it is not active or enforced. Three tracts being Tract 76 is R629400307601, Tract 16 is R629400301601 & Tract 73 is R629400307301 on the CAD. Property is Located approx 1 mile West of Hwy 75 from the Melissa Rd exit and approx 2 miles from Buc-ee's. Combo lock at pipe gated entrance. See showing instructions. Address are as follows 5215 CR 277 & 5285 CR 277 with 3rd tract being TBD.

Property Features

Location Information

County

Collin

Subdivision

JOHN EMERSON

Interior Features

Has Fireplace

No

Exterior Features

Exterior

Other, Storage

Current Use

Agricultural, Pasture

Utilities

Electricity Available, Overhead Utilities, Water Available

Possible Best Use

Development, Multi-Family,

Fencing

Cross Fenced, Partial, Pipe

Zoning

UNZONED

Other Structures

Other, Storage

Road Description

County Road, Gravel

Lot Description

Acreage, Cleared, Irregular Lot, Pasture, Many Trees, Wooded

Waterfront Description

Creek

Lot Size in Acres

29.31

Is One Story

No

Lot Size in Sq. Ft.

1,276,743

Lot Description

Acreage, Cleared, Irregular Lot, Pasture, Many Trees, Wooded, Creek

School

Elementary School District

Melissa ISD

Jr. High School

Melissa

Elementary School

Melissa

High School

Melissa

Additional Information

Property Type

LL

Exclusions

Tractor, Accessories, tools, machinery, any personal materials. Conex container does convey

Property SubType

Unimproved Land

Documents Available

Aerial

Status

Active

Lot Acres Source

See Remarks

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$21,015

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$16,215

Monthly Tax

$3,750

Monthly Insurance

$1,050

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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