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$2,997,000

Listing Price

--beds

--baths

3,829sqft

203,598sqft lot

1606 Sam Rayburn Hwy, Melissa, TX 75454

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

370.18

Price / sqft

2001

Year built

Home Details

Exceptional investment opportunity in one of the fastest-growing corridors in North Texas! Offering approximately 4.67 acres of prime highway frontage along Sam Rayburn Highway in Melissa, this property is ideally positioned directly across from Walmart and less than 2 miles from H-E-B, Buc-ee's, Kroger, Starbucks, Chick-fil-A, Chipotle, and US-75, providing outstanding visibility and accessibility.nnThe property currently features a residence, swimming pool, and shop, allowing for immediate use while planning for future development. With significant commercial and residential growth surrounding the area, this property presents tremendous long-term potential. A neighboring development is expected to bring future commercial water and sewer infrastructure nearby, further enhancing investment possibilities.nnLocated within the Melissa ETJ and just minutes from both McKinney and Anna, this rare offering combines an exceptional location, highway exposure, and future growth potential. Whether you're an investor, developer, or looking to secure a highly desirable tract in a rapidly expanding market, this is an opportunity you won't want to miss.

Interior Details

Square Feet
  • 3829

Bedrooms
  • N/A

Bathrooms
  • N/A

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Ceramic Tile

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 203598

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • Yes

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$13,716

$233,700

$565,300

--%

$799,000

2019

$13,990

$210,330

$556,460

--%

$766,790

2018

$14,531

$210,330

$541,798

--%

$752,128

2017

$8,768

$57,785

$393,726

--%

$451,511

2016

$8,289

$57,785

$365,238

--%

$423,023

2014

$6,842

$57,785

$310,715

--%

$368,500

2013

$6,827

$57,785

$309,043

--%

$366,828

2012

$6,858

$57,785

$298,576

--%

$356,361

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Average Home Price in 75454

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,997,000
$
Down payment
599,400
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
17,982
$
HOA (Monthly)
0
$
PMI
0
$
$19,400
Your Payment
Total Monthly Payment:$19,400
Percent of Income:333%
Affordable:No

Details for 1606 SAM RAYBURN HWY

Property Debt

Foreclosure Contact Details