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    3565 Fm 1461 McKinney, TX 75071

    Sponsored
    For Sale
    Under Contract
    $4,200,000

    Ranch - McKinney, TX

    Type:Ranch
    Lot size:
    7.72 Acres
    Days on Market:
    71
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 3565 Fm 1461

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active Under Contract
    APN
    R683800006601
    Exterior features
    Rv/Boat Parking, Stable/Barn, Fence
    Fencing
    Fenced
    Lot size
    7.72 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1975
    Architectural style
    Ranch
    Additional Structures
    Barn(s), RV/Boat Storage, Stable(s)

    Designer Realty (972) 533-4422

    Listing agent Todd Milligan (972) 533-4422 License #0742321

    Listing date Oct 27, 2025

    MLS# 20865287 Listing URL

    Copyright © 2026 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

    Multi-Use Potential Corner Lot

    This 7.72-acre tract, located in the ETJ of McKinney, presents a multi-use potential opportunity. It is situated one block northwest of the upcoming newly routed US 380 Highway at Bloomdale Rd. and Fm 1461, which is the future 4-lane Lake Forrest Dr. widening expansion. The corner lot has two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. The front 3 acres are currently zoned Commercial, and the back 4.72 acres have a 1D1 Ag exemption. The property is suitable for commercial, storage, retail, or multi-family type housing, featuring 432 ft of frontage to the main road. Currently used as a retail nursery-landscape, it includes a 1225 sqft retail office space building, an 8349 sqft outdoor warehouse building, and an additional 2520 sqft outdoor storage building. The back of the property includes a 60ft easement along the property creek for future sewer connection. The land is in close proximity to the new Painted Tree residential development and Baylor Scott and White hospital, offering revenue potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Texas Palm's ... Garden Center

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath HVAC Service Storage Facility Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    McKinney
    County
    Collin
    State
    Texas
    Longitude
    -96.681274
    Latitude
    33.252665

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    FAQs

    What type of property is this?
    Commercial land - 7.72 acres in McKinney ETJ with commercial potential.
    Where is this commercial land located?
    The property is located at 3565 Fm 1461 McKinney, TX.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Prime location in McKinney ETJ, one block from the upcoming US 380 Highway and future Lake Forrest Dr. expansion.; - Multi-use potential: front 3 acres zoned Commercial, back 4.72 acres with 1D1 Ag exemption, suitable for commercial, storage, retail, or multi-family housing.; - Corner lot with two main entrances on Fm 1461-Lake Forrest and Baxter Well Rd, offering **432 ft of frontage**.
    (972) 533-4422
    Request Owner's contact information
    3565 Fm 1461 McKinney, TX 75071
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    McKinney, TX 75071
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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
    3565 Fm 1461 McKinney, TX 75071
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