985 Cr-364, Melissa, TX 75454
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: rebekah elliott
Office: exp realty llc.
MLS#:21298779
Source:GDAR
Price summary
- Price:$7,000,000
About this home
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....
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Home facts
- Subdivision & Development:Jacob Gragg Surv Abs #339
- Listing ID #:21298779
- Added:49 day(s) ago
- Updated:August 07, 2026 at 11:53 AM
Structure and exterior
- Lot area:23.13 Acres
- Lot Features:Acreage
Schools
- High school:Melissa
- Middle school:East Cardinal,Melissa Ridge
- Elementary school:Highland
Finances and disclosures
- Price:$7,000,000
- Tax amount:$9,995
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