Current Use by Public Records
- Land
Property Details for 1548/1572 Private Road 5039
- Property type
- Land
- Property subtype
- Residential land & home lots
Description
• +/- 11.1 Acres in Melissa, TX • 1572 Private Road 5039, Melissa, TX 75454 • 1548 Private Road 5039, Melissa, TX 75454 • Two contiguous tracts of land totaling +/-11.1 acres • Rail-Served (by Dallas, Garland & Northeastern Railroad (DGNO), which was acquired by Genesee & Wyoming Railroads • Collin County • Melissa ISD • Corner of Highway 5 and PR 5039 • Zoned: AG permitted uses by City of Melissa Base Zoning District Legend for Agricultural District, includes: - single family dwelling-detached - accessory structure - temporary construction yard and field office - farm/ranch, stable, garden or orchard - governmental office, municipal uses operated by the City, park or playground - private utility - public school - solar panel system PRICING INFORMATION Includes both tracts (+/– 11.1 AC) property not divisible • $4,500,000 • $408,719.35 per acre • $9.38/SF
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melissa
- County
- State
- Texas
- Longitude
- -96.5628
- Latitude
- 33.3003
