TBD STATE HWY 5, MELISSA, TX 75454
Homes for sale in Melissa.
Homes for sale in 75454.
TBD State Hwy 5
Melissa, TX 75454
List Price$2,450,250
Listing #21193085
About This Property
Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.
Property Features
Location Information
County
Collin
Subdivision
D E W Babb Survey
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available
Current Use
Agricultural, Pasture
Utilities
Electricity Available
Zoning
Current state code D1 Qualified Ag Land
Fencing
None
Road Description
City Street
Lot Description
Acreage, City Lot
Is One Story
No
Lot Size in Acres
3.75
Lot Description
Acreage, City Lot
Lot Size in Sq. Ft.
163,350
School
Elementary School District
Melissa ISD
Jr. High School
Melissa
Elementary School
Harry Mckillop
High School
Melissa
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
11.0
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$11,441
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,829
Monthly Tax
$2,041
Monthly Insurance
$571
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
Listing courtesy of
Lea Ochs, Resident Realty - Dallas
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NTREIS - North Texas data last updated at March 7, 2026, 7:22 AM CT
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