$3,495,000
For Sale

3306 Mckinney Street

Melissa, TX 75454
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION with direct road frontage to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa.

  • Property Details
      • Utility FeaturesElectricity Available
      • SubdivisionD E W Babb Survey
      • Property SubtypeUnimproved Land
      • Elementary SchoolHarry Mckillop
      • School DistrictMelissa ISD
      • Property TypePurchase
      • MLS #20860815
      • MLS #20860815
      • Lot DescriptionAcreage
      • Cost3495000
      • Acres5.3480
      • CountyCollin

Location

Stacy VaughnReal Estate Group

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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