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Melissa TX Land Opportunity
For Sale
$4,500,000

5215 County Road 277, Melissa, TX 75454

29.31 acres in Melissa, TX for development.

Property Size1,276,743 SF
Lot Size29.31 Acres
Price / SF$3.52
Days on Market148

Property Features for 5215 County Road 277

General Information

Standard status Active
Size 1,276,743 SF
Lot size 29.31 Acres
Property subtype Lots & Acreage / Unimproved Land

Amenities

Cross Fenced, Partial, Pipe
No
Storage, Other
Creek
Listing Agency: DFW Elite
Listed By: Sheri Kent · License #0496604
Source: Compass
Added: Mar 15 Changed: Aug 8 Last Checked: Jul 16 at 6:55AM

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 DFW Elite

Investment Insights

Based on property information with market context.

This property features a combined total of 29.31 acres located in Melissa, Collin County, Texas, on County Road 277, also known as Telephone Road. The unzoned land includes a level building area suitable for the development of single-family homes or a multi-family complex. A wooded area provides seclusion, backing up to the North Fork of the Trinity River. The property is located approximately 1 mile west of Highway 75 from the Melissa Road exit and approximately 2 miles from Buc-ee's. The land is surrounded by custom homes. One of the tracts, Tract 73, has a well in place, which will require a well pump and pumphouse. Covenants mention an HOA, but it is not currently active or enforced. The property consists of three tracts: Tract 76 (R629400307601), Tract 16 (R629400301601), and Tract 73 (R629400307301) on the CAD. The property is located at 5215 CR 277 & 5285 CR 277, with the third tract being TBD.

Key Highlights

  • 29.31 combined acres in Melissa, TX, Collin County, offering significant development potential.
  • Unzoned land allows for flexible development options, including single‑family homes or a multi‑family complex.
  • Seclusion provided by wooded area bordering the North Fork of the Trinity River.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Furniture & Home Goods Bakery Nail Salon

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

Location Intelligence

Trade Area within ½ mile

45
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 29.31 acres in Melissa, TX for development.
Where is this residential land & home lot located?
The property is located at 5215 County Road 277 Melissa, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 29.31 combined acres in Melissa, TX, Collin County, offering significant development potential.; Unzoned land allows for flexible development options, including single‑family homes or a multi‑family complex.; Seclusion provided by wooded area bordering the North Fork of the Trinity River.
More about this property
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