1 year on rocket

000 Fannin Rd, Melissa, TX, 75454

$2,500,000

4.35 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20257095
Lot Size4.35 Acres
StatusActive

About 000 Fannin Rd

Previous 7 acre tract. TxDot is re-routing Hwy 5. Hwy 5 will be the southern boundary of a 3.37 acre tract. Property will have Fannin Road on the west and Hwy 5 on the south and 121 just a few yards from the northern boundary. There is also a .98 acre tract across new HWY 5. This smaller tract is the northern boundary of the property to the south of the listing owned by another individual. This is an outstanding property in Melissa which is experiencing exploding growth.

Property Details

Property Features

Listing Office:

  • Office Name: George James Realty
  • Office Phone: (214) 536-9994
  • Listing Agent: George James

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Lot Features

Lot Information:

  • Lot: Agricultural, Corner Lot, City Lot
  • Lot Size: 4.35 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: From McKinney, 75 North, 121 to Melissa. At first traffic light turn right, property is directly on your left, there is large sign on the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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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

000 Fannin Rd vs Melissa

441 DAYS ON ROCKET

+373 Days

$2,500,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M 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: #20257095

Listing Office:

  • Office Name: George James Realty
  • Office Phone: (214) 536-9994
  • Listing Agent: George James

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

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$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-2657473
6
/10

  • Melissa Ridge Intermed

  • 3233 Fannin Rd

  • 0.37 miles

  • Public District Grades 4-6

school-card-donut-2657474
8
/10

  • Melissa Middle School

  • 2950 Cardinal Dr

  • 2.22 miles

  • Public District Grades 7-8

High School

school-card-donut-2657475
7
/10

  • Melissa High School

  • 3150 Cardinal Dr

  • 2.23 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. Most Melissa, TX residents have annual incomes between $35k-100k. Most 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 000 Fannin Rd

What is the listing price of this property?

The listing price of 000 Fannin Rd property is $2,500,000.

What type of property is this?

The property 000 Fannin Rd is land located in Melissa, Texas, 75454.

Is this property for sale now?

Active Listing: 000 Fannin Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 000 Fannin Rd are:
Melissa Ridge Intermed: GreatSchools Rating 6/10
Melissa Middle School: GreatSchools Rating 8/10
Melissa High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 000 Fannin Rd is 4.35 acres.
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Rocket Homes›Texas›Collin County›Melissa›75454›000 Fannin Rd

This home is located at 000 Fannin Rd in Melissa, TX and zip code 75454. This home sits on a 4.35 acre lot. It has been listed on Rocket Homes since February 12, 2023 and is currently priced at $2,500,000.

In March 2024 in Melissa, TX there were 16% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $514,668, while the average time on the real estate market was 68 days.

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

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