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
Virtual tour
Summary
- List Price: $1,960,000
- Lot: City Lot
- Directions: The pinned location in MLS is accurate. Call agent with questions. From McKinney, north on U.S. 75 Central Expressway. Take HWY 121 north to the HWY 5 split. North on HWY 5. Property is across from City Hall.
- Lot Size: 3.75 Acres
- 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: 7/22/2025, 3:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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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. The majority of Melissa, TX residents have income between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
About TBD State Highway 5
The listing price of TBD State Highway 5 property is $1,960,000.
The property TBD State Highway 5 is land located in Melissa, Texas, 75454.
Active Listing: TBD State Highway 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for TBD State Highway 5 are: North Creek Elementary School (GreatSchools Rating 7/10), Judith Lindsey Harlow Elementary School (GreatSchools Rating 5/10), Harry Mckillop Elementary School (GreatSchools Rating 9/10), Melissa Middle School (GreatSchools Rating 9/10), Slayter Creek Middle School (GreatSchools Rating 5/10), Scott Johnson Middle School (GreatSchools Rating 6/10), Melissa High School (GreatSchools Rating 7/10), Anna High School (GreatSchools Rating 7/10), County Residential Center (GreatSchools Rating 2/10).
The property TBD State Highway 5 is 3.75 acres.
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.
Between May and June 2025, Melissa, TX real estate market has seen increase in the number of listings by 11%. Listings spent 77 days on the market in June 2025, and had a median list price of $499,900 during the same period.