About This Home

This land at 985 Cr-364 in Melissa, TX is listed for $7,000,000 (23.13 acres).

Key Features

  • 23.13 acre lot
Listing Description

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.

Location

985 Cr-364

Melissa, TX 75454

Jacob Gragg Surv Abs #339

Questions & Answers

This 0-bedroom, 0-bathroom land at 985 Cr-364 is listed at $7,000,000. The estimated monthly payment is $37,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 23.13 acre lot.

This property is listed by Rebekah Elliott and can be reached at (888) 519-7431.

RE

Rebekah Elliott

Agent at eXp Realty, LLC

(888) 519-7431

Listed by eXp Realty, LLC · Broker phone: (888) 519-7431 · View on Broker Site

MLS# 21298779· Source: North Texas Real Estate Information Systems, Inc.· 105 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

985 Cr-364, Melissa, TX 75454

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