5215 County Road 277, Melissa, TX 75454

$4,500,000

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List Price
$4,500,000
MLS#
21272390
Status
ACTIVE
Type
Land
Subtype
Land
Acres
29.31
County
Collin
City
Melissa
Subdivision
JOHN EMERSON

Property Description

29.31 COMBINED TOTAL ACRES located in Melissa Tx, Collin County on CR 277 aka Telephone Rd. This property is unzoned and has a combination of level building area for Development of Single Family homes or a Multi Family Complex and offers seclusion by the wooded area that backs up to the North Fork of the Trinity River. Exponential growth in Melissa Tx, combined with the beautiful custom homes that surround this area make the investment in North Texas worth while. This property has 3 individual, yet separate owners, ALL 3 must contract together and close together. WILL NOT sell individually. Tract 73 has a well in place, will need well pump and pumphouse. Covenants state an HOA however it is not active or enforced. Three tracts being Tract 76 is R629400307601, Tract 16 is R629400301601 & Tract 73 is R629400307301 on the CAD. Property is Located approx 1 mile West of Hwy 75 from the Melissa Rd exit and approx 2 miles from Buc-ee's. Combo lock at pipe gated entrance. See showing instructions. Address are as follows 5215 CR 277 & 5285 CR 277 with 3rd tract being TBD.

Additional Information

Lot Size
1,276,743
Acres
29.31
Lot Description
Cleared, Irregular Lot, Pasture, Trees, Wooded
Exterior
Other, Storage
School District
Melissa Isd
Elementary School
Melissa
Middle School
Melissa
High School
Melissa
Possession
CloseOfEscrow
Proposed Use
Development, Multi-Family, Storage, Pasture, Place Of Worship, Residential, Single Family

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Calculator source: Real Geeks

Listing courtesy of Sheri Kent from DFW Elite. Contact: 214-642-6969