3306 Mckinney St Melissa, TX 75454
Estimated payment $18,845/month
Total Views
120,687
5.35
Acres
$653,515
Price per Acre
232,959
Sq Ft Lot
Highlights
- 5.35 Acre Lot
- Harry Mckillop Elementary School Rated A
- Agricultural Exemption
About This Lot
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.
Listing Agent
Resident Realty, LTD. Brokerage Phone: 214-620-8933 License #0630837 Listed on: 03/04/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,656
Lot Details
- 5.35 Acre Lot
- Property fronts a highway
- Zoning described as Current state code D1 Qualified Ag Land
Schools
- Harry Mckillop Elementary School
- Melissa Middle School
- Melissa Ridge Middle School
- Melissa High School
Farming
- Agricultural Exemption
Community Details
- D E W Babb Survey Subdivision
Listing and Financial Details
- Assessor Parcel Number R603300408601
- Tax Block 4
- $8 per year unexempt tax
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,656 | $241,904 | $148,500 | $93,404 |
| 2023 | $4,656 | $207,500 | $94,050 | $113,450 |
| 2022 | $4,313 | $202,211 | $67,500 | $134,711 |
| 2021 | $2,616 | $114,830 | $31,500 | $83,330 |
| 2020 | $2,775 | $114,000 | $35,000 | $79,000 |
| 2019 | $2,875 | $113,137 | $30,000 | $83,137 |
| 2018 | $2,768 | $108,466 | $19,370 | $89,096 |
| 2017 | $2,147 | $84,125 | $19,370 | $64,755 |
| 2016 | $2,030 | $79,000 | $19,370 | $59,630 |
| 2015 | $1,786 | $75,873 | $19,370 | $56,503 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | For Sale | $3,495,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Vendors Lien | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,250 | New Conventional | |
| Previous Owner | $104,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
About the Listing Agent
With more than a decade's worth of experience, Lea brings a unique and refreshing approach to every real estate transaction. Lea's innovative thinking, and her ability to creatively solve problems ensures that her clients get an exceptional, tailor-made experience that suits their unique needs.
Her love for real estate ignited long before she stepped into the role of a licensed REALTOR®. Lea's entrepreneurial flair guided her and her husband towards the world of flipping investment
Lea's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20860815
APN: R-6033-004-1740-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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