Paragon Realtors Real Estate

Tbd State Highway 5Melissa, TX 75454Price: $2,450,250

  • Price: $2,450,250
  • Est. Mortgage of $/month
  • 71 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,450,250List Price
  • 3.75Acreage

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Listed by Lea Ochs of Resident Realty - Dallas (214-620-8933)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 7:30 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. 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.

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