Ag-Exempt
For Sale
Under Contract
$1,500,000
3930 Sherley Lane, Melissa, TX 75454
Land, Melissa, TX
Property SizeContact for details
Lot Size6.00 Acres
Days on Market80
Property Features for 3930 Sherley Lane
General Information
Property type
Land
Property subtype
Other
Zoning description
Unzoned
Subdivision
Babb Survey
Lot features
Acreage, Interior Lot, Sloped
Elementary school
North Creek
Middle school
Melissa,Melissa Ridge
High school
Melissa
Elementary school district
Melissa ISD
Middle school district
Melissa ISD
High school district
Melissa ISD
Directions
From McKinney- take 75 N, take exit 47 B, turn right on E Foster Crossing Rd, Turn right on McKinney St, tuen left on Throckmorton, Turn right on Shirley Ln, property on left.
Standard status
Active Under Contract
APN
R603300216101
Lot size
6.00 Acres
Taxes and HOA fees
Tax Description
ABS A0033 D E W BABB SURVEY, SHEET 2, TRACT 1
Tax Annual Amount
17
Legal Description
ABS A0033 D E W BABB SURVEY, SHEET 2, TRACT 1
Utilities
Water source
Public
Listing Agency:
Farmersville Real Estate Company
(972) 784-6115
Listed By:
Randal Shinn · License #0568499
(469) 222-1537
Added: Jun 15
Changed: Aug 22
Last Checked: Sep 2 at 8:06AM
MLS# 21067596
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.
Investment Insights
Based on property information with market context.
This 6-acre agricultural tract carries an agricultural exemption and has no deed restrictions. Public water is available, while sewer service is located close to the property. The land is identified for potential small residential or commercial development, subject to applicable approvals.
The property is in Melissa, Texas, near State Highway 121 and close to Melissa High School. Residential developments surround the tract, and it is located within Melissa ISD. Its setting combines an existing agricultural use with stated future-use possibilities in an area experiencing residential growth.
The property is in Melissa, Texas, near State Highway 121 and close to Melissa High School. Residential developments surround the tract, and it is located within Melissa ISD. Its setting combines an existing agricultural use with stated future-use possibilities in an area experiencing residential growth.
Key Highlights
- 6 acres of ag‑exempt land
- No deed restrictions
- Public water source available
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 75454, TX
16,252
Population
6,289
Households
2.6
Avg Household Size
33
Median Age
51%
College-Educated
95%
High-School Grad
21.4 sq mi
ZIP Area
759
Density / Sq Mi
$135,556
Median Household Income
$64,368
Median Earnings
$2,262
Median Rent
$421,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Unrestricted agricultural acreage with public water and nearby sewer availability.
Where is this agricultural land / farmland located?
The property is located at 3930 Sherley Lane 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; No deed restrictions; Public water source available
