# 985 Cr-364, Melissa, TX 75454 > **TL;DR:** land, $7,000,000. Est. $37,438/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $7,000,000 | | Lot Size | 1,007,369 sqft (23.13 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $35,396 | | Estimated Insurance | $2,042 | | **Total** | **$37,438** | ## Nearby Schools - **Elementary:** Highland - **Middle:** East Cardinal,Melissa Ridge - **High:** Melissa ## Property Highlights - 23.13 acre lot ## Description ### Agent 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 - **Address:** 985 Cr-364, Melissa, TX 75454 - **County:** Collin - **Neighborhood:** Jacob Gragg Surv Abs #339 - **Coordinates:** 33.313482, -96.574893 - **Google Maps:** https://www.google.com/maps?q=33.313482,-96.574893 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21298779 ## Listing Agent - **Name:** Rebekah Elliott - **Brokerage:** eXp Realty, LLC - **Phone:** (888) 519-7431 - **Broker Phone:** (888) 519-7431 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/County-Road-364_Melissa_TX_75454_M77608-03632?f=listhub&s=NTREIS&m=21298779&c=propsimple) ## Photos ![985 Cr-364 - Photo 1](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2758473343r.jpg) ![985 Cr-364 - Photo 2](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f3489746422r.jpg) ![985 Cr-364 - Photo 3](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2697893731r.jpg) ![985 Cr-364 - Photo 4](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2756389545r.jpg) ![985 Cr-364 - Photo 5](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1573753298r.jpg) ![985 Cr-364 - Photo 6](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f3500301372r.jpg) ![985 Cr-364 - Photo 7](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f186336636r.jpg) ![985 Cr-364 - Photo 8](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2665117041r.jpg) ![985 Cr-364 - Photo 9](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f222453233r.jpg) ![985 Cr-364 - Photo 10](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1598987523r.jpg) ![985 Cr-364 - Photo 11](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1127401101r.jpg) ![985 Cr-364 - Photo 12](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f3699138896r.jpg) ![985 Cr-364 - Photo 13](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f3095386046r.jpg) ![985 Cr-364 - Photo 14](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f4168774258r.jpg) ![985 Cr-364 - Photo 15](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f3808505373r.jpg) ![985 Cr-364 - Photo 16](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f4108002333r.jpg) ![985 Cr-364 - Photo 17](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2614396726r.jpg) ![985 Cr-364 - Photo 18](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f941245124r.jpg) ![985 Cr-364 - Photo 19](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2212499682r.jpg) ![985 Cr-364 - Photo 20](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2298712801r.jpg) ![985 Cr-364 - Photo 21](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1416304637r.jpg) ![985 Cr-364 - Photo 22](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2558402914r.jpg) ![985 Cr-364 - Photo 23](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1877334965r.jpg) ![985 Cr-364 - Photo 24](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f962135464r.jpg) ![985 Cr-364 - Photo 25](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1937644000r.jpg) ![985 Cr-364 - Photo 26](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2288667477r.jpg) ![985 Cr-364 - Photo 27](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2901264696r.jpg) ![985 Cr-364 - Photo 28](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f2822900580r.jpg) ![985 Cr-364 - Photo 29](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1420278863r.jpg) ![985 Cr-364 - Photo 30](http://lh.rdcpix.com/82cac7c3fa92ae6b746fb9611e052f02l-f1578339024r.jpg) --- **MLS#:** 21298779 | **Updated:** 2026-09-30 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/985-cr-364-melissa-tx-75454-21298779) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/985-cr-364-melissa-tx-75454-21298779#listing", "url": "https://www.propertysimple.ai/listing/985-cr-364-melissa-tx-75454-21298779", "name": "985 Cr-364, Melissa, TX 75454", "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. 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