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$7,000,000
23.13± Acres
Active
Collin County, TX
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985 Cr-364, Melissa, Texas

MLS ID: 21298779
Status: Active
Price: $7,000,000
Acres: 23.13±
Type: Unimproved, Land
Address: 985 Cr-364
City, State: Melissa, TX
County: Collin County
ZIP Code: 75454
Lat/Long: 33.313482, -96.574893
Parcel Number: R633900000201

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.

Directions: From US-75, exit onto Melissa Road and head east. Continue through the intersection at Mc Kinney Street, then turn left onto County Road 364. Follow County Road 364 for approximately one mile. The property will be on your right.

Additional Information

Exterior

Lot Features: Acreage
Lot Size Area: 23
Lot Size Square Feet: 1,007,369

Financial/HOA/Schools

Elementary School: Highland
Elementary School District: Melissa ISD
Middle School: East Cardinal, Melissa Ridge
Middle School District: Melissa ISD
High School: Melissa
High School District: Melissa ISD
Subdivision Name: Jacob Gragg Surv Abs #339
Tax Annual Amount: 9995
Zoning Description: Residential

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21298779

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Karen Lenz

Karen Lenz

Cross Plains, Texas

(325) 668-3604

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 13, 2026 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: September 13, 2026 at 12:00:00 AM UTC

Listed By: Rebekah Elliott of Exp Realty Llc