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3565 Fm 1461, Mckinney, TX, 75071

$5,000,000

7.72 Acres
Land

Location

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Property Highlights

Home TypeRetail
ParkingBoat, RV Access/Parking
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20266053
Lot Size7.72 Acres
StatusActive

About 3565 Fm 1461

INCREDIBLE COMMERCIAL LAND SALE! This 7.72 acres tract is located in the ETJ of McKinney one block northwest of the UPCOMING NEWLY ROUTED US 380 HIGHWAY at Bloomdale Rd. and Fm 1461- future 4 lane Lake Forrest Dr. widening expansion. This property is on a CORNER LOT with two main entrances on Fm 1461-Lake Forrest and on Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, STORAGE, OR RETAIL opportunities with 432 ft of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building, and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this one a kind commercial land opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1975

Listing Office:

  • Office Name: Designer Realty
  • Office Phone: (972) 533-4422
  • Listing Agent: Todd Milligan

Exterior Features

Parking Information:

  • Parking: Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 3565 Fm 1461
Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Corner Lot, Level, Many Trees, Sprinklers
  • Lot Size: 7.72 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Prosper High School, Public District Grades 9-12
  • Lorene Rogers Middle School, Public District Grades 5-6
  • Reynolds Middle School, Public District Grades 7-8
  • John A Baker, Public District Grades PK-4

Other

Directions Information:

  • Directions: From 380 and Lake Forrest Drive at Baylor Scott and White hospital head North on Lake Forrest Drive. Lake Forrest will turn into Fm 1461 and property will be located on the Southwest side of Fm 1461 and Baxter Well Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

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

Med. List Price

$526.5K

Med. Price/SqFt

$225

Avg. Days On Market

69

# of Sold Homes

186

3565 Fm 1461 vs McKinney

611 DAYS ON ROCKET

+542 Days

$5,000,000

+$4.4M More

KEY TAKEAWAY

This property is $4.4M more than the Median List Price in McKinney, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20266053

Listing Office:

  • Office Name: Designer Realty
  • Office Phone: (972) 533-4422
  • Listing Agent: Todd Milligan

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: 10/31/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$25K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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.

Elementary School

school-card-donut-811106
6
/10
  • John A Baker

  • 3125 Bluewood Dr

  • 0.88 miles

  • Public District Grades PK-4

Middle School

school-card-donut-811107
7
/10
  • Lorene Rogers Middle School

  • 1001 S Coit Rd

  • 5.33 miles

  • Public District Grades 5-6

school-card-donut-811108
6
/10
  • Reynolds Middle School

  • 700 N Coleman St

  • 6.94 miles

  • Public District Grades 7-8

High School

school-card-donut-811109
6
/10
  • Prosper High School

  • 301 Eagle Dr

  • 6.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,481. The majority of McKinney, TX residents have income between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3565 Fm 1461

What is the listing price of this property?

The listing price of 3565 Fm 1461 property is $5,000,000.

What type of property is this?

The property 3565 Fm 1461 is land located in Mckinney, Texas, 75071.

Is this property for sale now?

Active Listing: 3565 Fm 1461 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3565 Fm 1461 are:
John A Baker: GreatSchools Rating 6/10
Lorene Rogers Middle School: GreatSchools Rating 7/10
Reynolds Middle School: GreatSchools Rating 6/10
Prosper High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 3565 Fm 1461 is 7.72 acres.
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Rocket HomesTexasCollin CountyMcKinney750713565 Fm 1461

This home is located at 3565 Fm 1461 in Mckinney, TX and zip code 75071. This home, which was built in 1975, sits on a 7.72 acre lot. It has been listed on Rocket Homes since February 28, 2023 and is currently priced at $5,000,000.

Between August 2024 and September 2024, McKinney, TX real estate market has seen increase in the number of listings by 4.8%. In September 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $526,555.

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

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