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$ 5,769,217
Est. payment | /mo
18.27 Acres Lot
$ 5,769,217
Est. payment | /mo
18.27 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 21109314
HOA Y/N None
Lot Size 18.268 Acres
Acres 18.268
Property Sub-Type Unimproved Land
Property Description
Vanguard Real Estate Advisors (“VREA”) is pleased to present qualified investors and developers the opportunity to acquire approximately 18.268+- acres located along Milrany Lane, in the rapidly growing city of Melissa, Texas. Approximately 6+- acres is zoned SF-3, which permits single-family development with minimum lot width of 60'. The remaining 12.27+- acres is zoned Agricultural.
The Site is located less than a mile southeast from State Highway-121, providing rapid access to McKinney and the greater North Texas area. Exponential growth and ongoing development in Melissa makes this Site highly desirable. The Site is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, and high density single family development. At an asking price of only $7.25 per square foot ($5,769,217 total) the Site represents a unique opportunity to purchase an exceptionally located property in one of DFW's fastest growing areas.
The Site is located less than a mile southeast from State Highway-121, providing rapid access to McKinney and the greater North Texas area. Exponential growth and ongoing development in Melissa makes this Site highly desirable. The Site is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, and high density single family development. At an asking price of only $7.25 per square foot ($5,769,217 total) the Site represents a unique opportunity to purchase an exceptionally located property in one of DFW's fastest growing areas.
Location
State TX
County Collin
Zoning Single Family and AG
Direction Access via Bryan St and Milrany Road
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Melissa
Middle Schools Melissa
High Schools Melissa
School District Melissa Isd
Others
Restrictions None
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21109314
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors