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1515 Fannin Rd
Melissa, TX 75454
Land For Sale
·
1.16 AC
Investment Highlights
- Located near Buc-ee's and H-E-B retail destinations.
- Existing 1,308 SF residence included with the property.
- Positioned within a rapidly growing Collin County market.
- 1.16-acre land opportunity in Melissa, Texas.
- Strong redevelopment and investment potential.
- Rezoning opportunity based on buyer's intended use.
Executive Summary
Rare opportunity to acquire a 1.16-acre development site in the path of growth in Melissa, Texas. Situated near major regional retail destinations including Buc-ee's and H-E-B, the property offers strong visibility and convenient access within one of Collin County's rapidly expanding markets.
The site includes an existing 1,308-square-foot residence that conveys with the sale. While the home is being offered as-is, the primary value lies in the land and its future development potential. Public water and sewer services are available, providing key infrastructure support for future redevelopment plans.
Currently zoned residential, the property presents an opportunity for buyers to pursue rezoning based on their intended use and development objectives. As commercial growth continues throughout Melissa and the surrounding North Texas corridor, sites of this size and location are becoming increasingly limited.
Whether for future commercial development, owner-user occupancy, or long-term investment, this property offers a strategic position within a growing trade area supported by new residential development, expanding retail amenities, and continued population growth.
The site includes an existing 1,308-square-foot residence that conveys with the sale. While the home is being offered as-is, the primary value lies in the land and its future development potential. Public water and sewer services are available, providing key infrastructure support for future redevelopment plans.
Currently zoned residential, the property presents an opportunity for buyers to pursue rezoning based on their intended use and development objectives. As commercial growth continues throughout Melissa and the surrounding North Texas corridor, sites of this size and location are becoming increasingly limited.
Whether for future commercial development, owner-user occupancy, or long-term investment, this property offers a strategic position within a growing trade area supported by new residential development, expanding retail amenities, and continued population growth.
Property Facts
1 Lot Available
Lot
| Price | $555,824 | Lot Size | 1.16 AC |
| Price Per AC | $479,158.62 |
| Price | $555,824 |
| Price Per AC | $479,158.62 |
| Lot Size | 1.16 AC |
1.16-acre development site in Melissa, TX near Buc-ee's and H-E-B. Public water and sewer available. Includes an existing 1,308 SF residence. Currently zoned residential with future redevelopment and rezoning potential.
Description
Located in Melissa, Texas, this 1.16-acre property offers a combination of land value, utility access, and redevelopment potential. The site includes an existing residential structure and benefits from public water and sewer availability. Its proximity to major retail destinations and growth corridors positions the property for a variety of future development opportunities, subject to applicable zoning approvals.
Property Taxes
| Parcel Number | R-10458-00A-0040-1 | Improvements Assessment | $180,844 |
| Land Assessment | $58,000 | Total Assessment | $181,766 |
Property Taxes
Parcel Number
R-10458-00A-0040-1
Land Assessment
$58,000
Improvements Assessment
$180,844
Total Assessment
$181,766
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