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Ag Exempt Land Parcel
For Sale
$1,500,000

3930 Sherley Lane, Melissa, TX 75454

Ag-exempt land with water available and sewer nearby, offered with no deed restrictions.

Property Size261,360 SF
Lot Size6.00 Acres
Price / SF$5.74
Days on Market394

Property Features for 3930 Sherley Lane

General Information

Standard status Active
Size 261,360 SF
Lot size 6.00 Acres
Property subtype Lots & Acreage / Unimproved Land

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Partial
No
Listing Agency: Farmersville Real Estate Company
Listed By: Randal Shinn · License #0568499
Source: Compass
Added: Sep 25, 2025 Changed: Oct 13 Last Checked: Oct 20 at 11:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Farmersville Real Estate Company

Rey
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Investment Insights

Based on property information with market context.

This offering is a 6-acre Ag Exempt land parcel in Melissa, Texas. The property is presented for flexible use, with no deed restrictions and access to utilities including water availability, while sewer is close by.

The site is located on Shirley Lane, just north of Milrany Ln and west of SH 121. It is within Melissa ISD and near Melissa High School on SH 121.

With its agricultural tax status and utility access, the property can support a range of development approaches, including small residential or commercial concepts, subject to applicable requirements.

Key Highlights

  • 6 acres of ag‑exempt land in the Melissa area
  • Located on Shirley Lane just north of Milrany Ln and west of SH 121
  • Water available; sewer is close by

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service Auto Repair Shop Hair Salon Storage Facility Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Ag-exempt land with water available and sewer nearby, offered with no deed restrictions.
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 in the Melissa area; Located on Shirley Lane just north of Milrany Ln and west of SH 121; Water available; sewer is close by
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