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4823 Cedar Ln - +/- 38.05 Acres CR 471 Melissa, TX 38.05 Acres of Residential Land in Melissa, TX 75454
Executive Summary
What conveys: The sale includes the full ±38.05 acres across two parcels (2013548 and 462662), together with the existing ±3,900 SF residence and three shops, all of which remain with the property at closing.
Utilities & entitlement path: The site is currently served by a residential-sized waterline, with a nearby path to future water and sewer service. The property sits within the City of Melissa ETJ; a buyer would coordinate annexation and utility extension with the City as part of the entitlement process. Franklin Land Company can facilitate introductions to City planning and utility staff.
Surrounding development: Proposed single-family developments flank the tract on both its east and west boundaries, with the established Meadow Run community to the north — positioning the property to be incorporated into the next phase of residential growth in the corridor.
Due diligence: Materials available upon request (certain items under confidentiality agreement), including survey, property and development maps, FEMA flood map, contour map, and the full marketing package.
Offer process: Offers are evaluated on price, earnest money, feasibility period, contingencies, and buyer qualifications. Depending on the level of interest, the seller may negotiate directly with a lead buyer or run a competitive call-for-offers. Submit letters of intent to the brokers listed below.
Ideal buyer: Homebuilder, residential developer, or investor seeking a well-located development tract in a high-growth Collin County submarket.
Contact: Logan Call, Land Coordinator — 469.247.5821, logan@franklinlandco.com | Sam Franklin, Director of Real Estate — 469.450.6269, sam@franklinlandco.com | Franklin Land Company, 1650 W. Virginia Street, Suite 201, McKinney, TX 75069.
Property Facts
1 Lot Available
Lot
| Lot Size | 38.05 AC |
| Lot Size | 38.05 AC |
±38.05 acres across two parcels (2013548 & 462662), ±410 LF frontage on CR 471. Level, usable terrain outside the floodplain (Zone X). City water via on-site waterline; sewer nearby. Existing ±3,900 SF home and three shops convey.
Description
Franklin Land Company is pleased to present ±38.05 acres at 4823 Cedar Ln in Melissa, Texas — one of the city's few remaining development-ready tracts of this size in the path of North Collin County's continued expansion. Positioned in the City of Melissa ETJ and within the sought-after Melissa ISD, the property sits on the west side of CR 471, southeast of the established Meadow Run community, and is surrounded by proposed residential growth on both its east and west boundaries. The tract offers a clean development profile: it lies entirely outside the floodplain (Zone X) and is currently served by a residential-sized waterline, with a nearby path to future water and sewer service. Existing improvements — a ±3,900 SF residence and three shops — convey with the property, offering interim use and holding potential while a buyer advances entitlements. With active single-family projects flanking the site and the City of Melissa guiding growth into this area, the tract is well-positioned to be folded into the next wave of residential development. Melissa is among the fastest-growing cities in Collin County, with a 2025 population of approximately 29,969 — roughly 115.6% growth since 2020. The surrounding trade area carries a median household income near $138,763, a median home value around $454,000, and an owner-occupancy rate of 88.7%, underscoring the depth of demand for new rooftops. Whether for a homebuilder assembling its next community, a developer seeking a well-located residential site, or an investor positioning ahead of infrastructure, this property offers the fundamentals of a high-growth Collin County submarket. Contact broker for price guidance and additional due-diligence materials.
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4823 Cedar Ln - +/- 38.05 Acres CR 471 Melissa, TX
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