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2494 Bryant St
Melissa, TX 75454 Allen/McKinney

$5,769,217 USD

Land For Sale  •  18.27 AC

Property Details

  • Property Type Land
  • Lot Size 18.27 AC
  • Zoning SF-3 and AG
0 Transit Score
4 Walk Score

Description

Vanguard Real Estate Advisors (“VREA”) is pleased to present qualified investors and developers the opportunity to acquire approximately 18.268+/- acres, consisting of 2 adjacent parcels, located along Milrany Lane, in the rapidly growing city of Melissa, Texas. Approximately 6+/- acres is zoned SF-3, which permits single-family development with minimum lot width of 60’. The remaining 12.27+/- acres is zoned Agricultural.

The Site is located less than a mile southeast from State Highway-121, providing rapid access to McKinney and the greater North Texas area. Exponential growth and ongoing development in Melissa makes this Site highly desirable. It is well suited for a variety of potential uses through a potential rezone; such as mixed-use, multifamily, build-to-rent, commercial, or high density single family development. 


A 1% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

Highlights

The Site is located less than a half mile southeast of State Highway 121, and less than two miles east of US Highway 75.
The Site is located less than a mile southwest from the Melissa Z-Plex, a massive recreation center with fields for baseball and soccer.
The Site’s size and location make this Site an ideal opportunity to potentially rezone for uses such as multifamily, build-to-rent or commercial.
According to the US Census Bureau, Melissa has a population of approximately 23,571 as of 2023 and has grown nearly 70% since 2020.
Melissa’s rapid population growth makes it an ideal location for new development due to increased demand for housing and new business.
The median household income in Melissa as of 2023 was an outstanding $137,875.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 53 min - 42.2 mi
Dallas-Fort Worth International 53 min - 44.5 mi
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors
Jordan Cortez 214-556-1951 Vanguard Real Estate Advisors