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$7,000,000
29 Days On Site

985 Cr-364
Melissa, TX 75454

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Jacob Gragg Surv Abs #339
County:
Collin

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985 Cr-364985 Cr-364985 Cr-364985 Cr-364
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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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Listing Snapshot
Price 
$7,000,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
23.126 Acres
Year Built 
N/A
MLS® Number 
21298779
Status 
Active
Property Tax 
$9,995
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
23.126
Property Sub Type 
Unimproved Land
Special Circumstances 
Standard
Utilities 
Electricity Available
Zoning 
Residential
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Community Features
Financing Terms Available 
CashConventional
School District 
Melissa ISD
Schools
School District
Melissa ISD
Elementary School
Highland
Middle School
East Cardinal
High School
Melissa
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: 2026-07-17 06:28 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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