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1100 Sam Rayburn Hwy, Melissa, TX, 75454

$4,510,000

6.68 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20555207
Lot Size6.68 Acres
StatusActive

About 1100 Sam Rayburn Hwy

A very special property in a highly upcoming area. Property sits with a frontage of 121 Hwy and also Hwy 5 near racetrac. Close to Hwy 75 as well. Such a rare piece of land with so many landmarks near by. Opposite to the upcoming HEB store and in a very prime location. Opportunity to build a high value retail strip, restaurants and other establishments.

Property Details

Property Features

Listing Office:

  • Office Name: JCS Real Estate Services Inc.
  • Office Phone: (214) 425-5734
  • Listing Agent: Srinivasa Dhamodharan

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  • Virtual Tour: 1100 Sam Rayburn Hwy

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Lot Features

Lot Information:

  • Lot Size: 6.68 Acres

School Info

Assigned Schools Information:

  • Melissa High School, Public District Grades 9-12
  • Melissa Ridge Intermed, Public District Grades 4-6
  • Melissa Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: Property is close to Racetrac on the west side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,510,000

Tax Information:

  • Annual Amount: $48,846
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Melissa, TX.

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Melissa, TX

City

Med. List Price

$514.6K

Med. Price/SqFt

$196

Avg. Days On Market

68

# of Sold Homes

27

1100 Sam Rayburn Hwy vs Melissa

51 DAYS ON ROCKET

-17 Days

$4,510,000

+$3.9M More

KEY TAKEAWAY

This property is $3.9M more than the Median List Price in Melissa, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20555207

Listing Office:

  • Office Name: JCS Real Estate Services Inc.
  • Office Phone: (214) 425-5734
  • Listing Agent: Srinivasa Dhamodharan

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 9:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$48,846$2,142,000
2020$48,845$2,100,000
2019$57,406$2,390,000
2018$57,407$2,258,724
2017$57,124$2,238,337

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2603511
6
/10

  • Melissa Ridge Intermed

  • 3233 Fannin Rd

  • 0.32 miles

  • Public District Grades 4-6

school-card-donut-2603512
8
/10

  • Melissa Middle School

  • 2950 Cardinal Dr

  • 1.60 miles

  • Public District Grades 7-8

High School

school-card-donut-2603513
7
/10

  • Melissa High School

  • 3150 Cardinal Dr

  • 1.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,385. The most common annual income of people living in Melissa, TX is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1100 Sam Rayburn Hwy

What is the listing price of this property?

The listing price of 1100 Sam Rayburn Hwy property is $4,510,000.

What type of property is this?

The property 1100 Sam Rayburn Hwy is land located in Melissa, Texas, 75454.

Is this property for sale now?

Active Listing: 1100 Sam Rayburn Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1100 Sam Rayburn Hwy are:
Melissa Ridge Intermed: GreatSchools Rating 6/10
Melissa Middle School: GreatSchools Rating 8/10
Melissa High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $48,846 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1100 Sam Rayburn Hwy is 6.68 acres.
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Rocket Homes›Texas›Collin County›Melissa›75454›1100 Sam Rayburn Hwy

This home is located at 1100 Sam Rayburn Hwy in Melissa, TX and zip code 75454. This home sits on a 6.68 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $4,510,000.

The number of listings in Melissa, TX increased by 16% between February 2024 and March 2024. In March 2024 median list price was $514,668 and the average listing age was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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