$7,000,000
Active

985 Cr-364

Melissa, TX 75454
Browse more homes in Melissa, TX
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.
985 Cr-364
MORTGAGE CALCULATOR
$35,396
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$7,000,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size23.126 Acres
Year Built0
MLS® Number21298779
StatusActive
Property Tax9995
HOA/Condo/Coop FeesN/A

GENERAL

Acres23.126
Property Sub TypeUnimproved Land
Special CircumstancesStandard
UtilitiesElectricity Available
ZoningResidential

COMMUNITY

Financing Terms AvailableCash, Conventional
School DistrictMelissa ISD

SCHOOLS

School DistrictMelissa ISD
Elementary SchoolHighland
Middle SchoolEast Cardinal
High SchoolMelissa

RECENT ACTIVITY

June 18, 2026Active
June 18, 20267000000

Listing courtesy of eXp Realty LLC (214-293-4620)

Listing courtesy of Rebekah Elliott of eXp Realty LLC rebekah@rebekahelliott.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 02:00 AM CDT

Comps

An estimate is not available for this listing.

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