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985 Cr-364

Melissa, Texas 75454
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Acres23.13

Acres(Lot)

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 ac cess 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.

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Detail Ic Property Details

Property Type : Land

Price : $7,000,000

AD Id : 85158821

MLS Id : 564553247

Lot Size : 23.13 Acres(Lot)

County : Collin

Subdivision: Mockingbird Hill Rev

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Feature Features

  • Utilities

    Electricity Available

  • Lot Information

    Lot Size (Acr): 23.1260 Lot Size Units: Acres Lot Size Square Feet: 1,007,369 Lot Features: Acreage
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Jacob Gragg Surv Abs #339 City: Melissa State: Texas Directions: 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. Property Status: Active

  • Listing Price Information

    Original List Price: $7,000,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R633900000201 Tax Legal Description: ABS A0339 JACOB GRAGG SURVEY, TRACT 2, 23.126 Unexempt Taxes: $9,995

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Highland Middle School: East Cardinal High School: Melissa Intermediate School: Melissa Ridge School District: Melissa ISD
  • Utility Information

    Utilities: Electricity Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2834536 Cr 413, Melissa, TX, 75454 $1,614,999 -- -- -- 9.22 Acres(Lot)
0002 Cr 471, Melissa, TX, 75454 $1,200,000 -- -- -- 5.01 Acres(Lot)
5713 County Road 413, Melissa, TX, 75454 $599,999 -- -- -- 2 Acres(Lot)
0001 Cr 471, Melissa, TX, 75454 $4,500,000 -- -- -- 19.84 Acres(Lot)
5598 County Road 413, Melissa, TX, 75454 $2,485,000 -- -- -- 9.94 Acres(Lot)
5577 County Road 413, Melissa, TX, 75454 $6,400,000 -- -- -- 34.15 Acres(Lot)
TBD County Road 413, Melissa, TX, 75454 $2,265,000 -- -- -- 7.55 Acres(Lot)
5335 Cr 413, Melissa, TX, 75454 $5,500,000 -- -- -- 20 Acres(Lot)
460067 Cr 471, Melissa, TX, 75454 $1,469,999 -- -- -- 8.40 Acres(Lot)
3930 Sherley Lane, Melissa, TX, 75454 $1,500,000 -- -- -- 6 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/18/2026 @ 15:01

MLS: 564553247 LISTED BY: Rebekah Elliott, eXp Realty LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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