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Kati Garrett
REALTOR®

985 Cr-364, Melissa, TX 75454

$7,000,000
  • 985 Cr-364, Melissa, TX 75454 Main Photo

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Active
LOT SIZE 23.126 acres MLS#21298779
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONJacob Gragg Surv Abs #339 SCHOOLMelissa ISD

Property Description

Exceptional Development Opportunity in Melissa, TexasRare, 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.

985 Cr-364 | MLS# 21298779

This land located at 985 Cr-364, Melissa, TX 75454 is currently listed for sale with an asking price of $7,000,000. The property has approximately 23.13 Acres. Cr-364 is located within the Melissa ISD school district. Search Melissa real estate on katigarrett.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 23.13 Acres

Feature Descriptions

Days on Site: 29
Lot: Acreage
Parcel#: R633900000201
Utilities: Electricity Available

Local Schools

Elementary School: Highland
School District: Melissa ISD

Listed By / Shown By

Listed By

Agency Name: eXp Realty LLC
Agency Contact: 214-293-4620
Agent Name: Rebekah Elliott

agent picture

Shown By

Agent Name: Kati Garrett
Agent Phone: (254) 717-3395
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 17,620.63 per month $15,578.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,041.67 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:25:58 AM EST) or NTREIS (last updated Fri 07/17/2026 11:49:19 PM EST) or SABOR MLS (last updated Fri 07/17/2026 11:53:14 PM EST) or CTXMLS (last updated Fri 07/17/2026 11:34:24 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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