7 months on rocket

TBD State Highway 5, Melissa, TX, 75454

$1,960,000

3.75 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20589285
Lot Size3.75 Acres
StatusActive

About TBD State Highway 5

PRIME LOCATION close to HWY 5 road frontage! 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 property is conveniently located approximately 10 minutes from McKinney, with easy access to Central Expressway, HWY 121, and Collin County Outer Loop. All plans for development must be approved by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.

Property Details

Property Features

Listing Office:

  • Office Name: Resident Realty, LTD.
  • Office Phone: (512) 899-8309
  • Listing Agent: Lea Ochs

Virtual/3D Tour

  • Virtual Tour: TBD State Highway 5
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Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 3.75 Acres

Other

Directions Information:

  • Directions: 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,960,000
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Housing Market Comparison

See how this home compares to others in Melissa, TX.

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Melissa, TX

City

Med. List Price

$515.6K

Med. Price/SqFt

$200

Avg. Days On Market

78

# of Sold Homes

29

TBD State Highway 5 vs Melissa

215 DAYS ON ROCKET

+137 Days

$1,960,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median List Price in Melissa, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20589285

Listing Office:

  • Office Name: Resident Realty, LTD.
  • Office Phone: (512) 899-8309
  • Listing Agent: Lea Ochs

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,850

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,943

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-429891
6
/10

  • North Creek Elementary School

  • 4401 Cypress Dr

  • 0.40 miles

  • Public District Grades 1-5

school-card-donut-429892
6
/10

  • Judith Lindsey Harlow Elementary School

  • 1224 Leonard Ave

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-429893
8
/10

  • Harry Mckillop Elementary School

  • 3509 Liberty Way

  • 1.39 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,066. Residents of Melissa, TX typically earn between $35k-100k each year. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD State Highway 5

What is the listing price of this property?

The listing price of TBD State Highway 5 property is $1,960,000.

What type of property is this?

The property TBD State Highway 5 is land located in Melissa, Texas, 75454.

Is this property for sale now?

Active Listing: TBD State Highway 5 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property TBD State Highway 5 is 3.75 acres.
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Rocket Homes›Texas›Collin County›Melissa›75454›TBD State Highway 5

This home is located at TBD State Highway 5 in Melissa, TX and zip code 75454. This home sits on a 3.75 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,960,000.

Between September 2024 and October 2024, Melissa, TX real estate market has seen increase in the number of listings by 2.2%. In October 2024 median list price was $515,636 and the average listing age was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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