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#20580850, Sheldon Magers, Brit Daniels, Listing Office: Monument Realty
Property details
About TBD State Highway 5
Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.
Highlights
Home typeUnimproved Land
StatusActive
Lot size3.75 Acres
MLS #20860788
Virtual tour
Summary
- MLS Number: 20860788
- MLS Name: NTR
- Office Name: Resident Realty, LTD.
- Office Phone: (214) 620-8933
- Listing Agent: Lea Ochs
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Last updated on: 3/15/2025, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,960,000
TBD State Highway 5
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Price information
Property sales
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Tax history
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Nearby schools
7
North Creek Elementary School
Public District KG-5
0.4 mi
•4401 Cypress Dr
5
Judith Lindsey Harlow Elementary School
Public District PK-5
1.2 mi
•1224 Leonard Ave
9
Harry Mckillop Elementary School
Public District KG-5
1.4 mi
•3509 Liberty Way
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 $77,066. Residents of Melissa, TX typically earn between $35k-100k each year. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
39%
35k-100k
25%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
16%
Single, No Kids
8%
Single, with Kids
32%
Married, No Kids
44%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
11%
12-17 yrs old
16%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
PGA/LPGA
Where do the neighbors shop?
BJs Wholesale Club
Best Buy
Stein Mart
Where do the neighbors go to eat?
Panera
Texas Roadhouse
Cracker Barrel
What do the neighbors drive?
Infiniti
Ram
Lexus
What do the neighbors listen to?
Adult Hits
Contemporary Christian
Oldies
All data provided by Home Junction and Claritas
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About TBD State Highway 5
This home is located at TBD State Highway 5 in Melissa, TX and zip code 75454. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $1,960,000.
The number of homes for sale in Melissa, TX increased by 15.8% between January and February 2025. In February 2025 median list price was $511,558 and the average listing age was 100 days.
From Rocket Homes Real Estate and based on county public records data.