#20976381, Alex Devilling, Bret Whitfield, Listing office: Engel & Volkers Dallas
Property details
About 3565 Fm 1461
INCREDIBLE MULTI USE POTENTIAL OPPORTUNITY LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. The land is in a perfect location on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is currently zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect opportunity for COMMERCIAL, STORAGE, RETAIL, or MULTI-FAMILY TYPE HOUSING with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one of a kind land opportunity.
Highlights
(Active Under Contract)
Virtual tour
Summary
- Parking: Boat, RV Access/Parking
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $4,200,000
- Annual Tax Amount: $10,406
- Tax Year: 2024
- Lot: Agricultural, Corner Lot, Level, Many Trees, Sprinklers
- Directions: From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461 and Baxter Well Road.
- Year Built: 1975
- Lot Size: 7.72 Acres
- MLS Number: 20865287
- MLS Name: NTR
- Office Name: Designer Realty
- Office Phone: (972) 533-4422
- Listing Agent: Todd Milligan
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Last updated on: 7/24/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,869,976 | $10,406 |
2023 | $1,520,901 | $9,735 |
2022 | $1,248,080 | $9,735 |
History based on county public records data.
Nearby schools
7
Baker Elementary School
Public District KG-5
0.9 mi
•3125 Bluewood Dr
9
Reeves Elementary School
Public District KG-5
2.0 mi
•2501 Auburn Hills Pkwy
4
Vega Elementary School
Public District KG-5
2.7 mi
•2511 Cattleman Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,481. The most common annual income of people living in Mckinney, TX is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 3565 Fm 1461
The listing price of 3565 Fm 1461 property is $4,200,000.
The property 3565 Fm 1461 is land located in Mckinney, Texas, 75071.
Accepting Backup Offers: 3565 Fm 1461 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 3565 Fm 1461 are: Baker Elementary School (GreatSchools Rating 7/10), Reeves Elementary School (GreatSchools Rating 9/10), Vega Elementary School (GreatSchools Rating 4/10), Scott Johnson Middle School (GreatSchools Rating 6/10), Cockrill Middle School (GreatSchools Rating 8/10), Dowell Middle School (GreatSchools Rating 7/10), McKinney North High School (GreatSchools Rating 8/10), County Residential Center (GreatSchools Rating 2/10), McKinney Boyd High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $10,406 (source: MLS/based on county public records data).
The property 3565 Fm 1461 is 7.72 acres.
The year of construction for 3565 Fm 1461 is 1975.
This home is located at 3565 Fm 1461 in Mckinney, TX and zip code 75071. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $4,200,000.
Mckinney, TX housing market in June 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The number of homes for sale in Mckinney, TX increased by 9% between May and June 2025.