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    3930 Sherley Ln Melissa, TX 75454

    For Sale
    $1,500,000

    Unimproved Land - Melissa, TX

    Type:Unimproved Land
    Lot size:
    6.00 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for 3930 Sherley Ln

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R603300216101
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    6.00 Acres

    Building Details

    Architectural style
    Other

    Farmersville Real Estate Company (972) 784-6115 [email protected]

    Listing agent Randal Shinn (972) 784-6115 License #0568499

    Listing date Sep 25, 2025

    MLS# 21067596 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

    6 Acres of Ag Exempt Land

    This property features 6 acres of agricultural exempt land situated in Melissa, Texas. The location is characterized by ongoing residential development, strong income levels, and a rapidly growing population. The land is positioned on Shirley Lane, north of Milrany Lane and west of State Highway 121. It is located within the Melissa Independent School District and near Melissa High School on State Highway 121. The property presents opportunities for small residential development or commercial ventures, or for building a private residence. There are no deed restrictions in place. Water is available, and sewer access is nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.539954
    Latitude
    33.302142

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    FAQs

    What type of property is this?
    Land - 6 acres in Melissa, TX, suitable for residential or commercial.
    Where is this land located?
    The property is located at 3930 Sherley Ln Melissa, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 6 Acres of Ag Exempt Land; - Located in Booming Melissa Area with Strong Income Levels and Rapid Population Growth; - No Deed Restrictions
    (972) 784-6115
    Request Owner's contact information
    3930 Sherley Ln 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
    3930 Sherley Ln Melissa, TX 75454
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