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    1429 Fannin Rd Melissa, TX 75454

    Under Contract
    For Sale
    $1,400,000

    Unimproved Land - Melissa, TX

    Type:Unimproved Land
    Lot size:
    2.07 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 1429 Fannin Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    R689400005201
    Lot size
    2.07 Acres

    Building Details

    Architectural style
    Other

    Compass RE Texas, LCC (214) 814-8100 [email protected]

    Listing agent Anne Platt (214) 814-8100 License #0531522

    Listing date Nov 13, 2025

    MLS# 20820629 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Melissa, TX

    This 2.071-acre parcel of unimproved land presents a development opportunity in Melissa, Texas. The property is located in proximity to Buc-ees, HEB, and other major retail establishments. Situated within an Overlay District, the land is currently zoned C-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.58567
    Latitude
    33.270584

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    FAQs

    What type of property is this?
    Land - 2.071 acres of commercial land in a growing area.
    Where is this land located?
    The property is located at 1429 Fannin Rd Melissa, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Opportunity to develop in growing Melissa; - Proximity to Buc-ees; - Proximity to HEB
    (214) 814-8100
    Request Owner's contact information
    1429 Fannin Rd Melissa, TX 75454
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    Melissa, TX 75454
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1429 Fannin Rd Melissa, TX 75454
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