




$399,990
1695 Eastwood Rd, Melissa, TX, 75454
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About this property
Location, Location, Location! Exceptional long-term potential situated in rapidly growing Melissa, Texas, just off Highway 121 and minutes from major commercial developments. This versatile 1.75-acre property combines rare Collin County acreage, incredible storage utility, and a cozy rustic vibe throughout—perfect for an investor looking for a strategic land-hold, rental property, or a buyer seeking country-style living near city conveniences. The main residence features a unique hybrid build with a custom stick-built structure wrapped around a manufactured core, resulting in an expansive layout highlighted by rustic architectural accents. Inside, you’ll find 3 bedrooms, 2 full bathrooms, and an oversized main living area that anchors the home. Step outside to relax or entertain on the inviting front and back porches. Outdoor space and storage options abound with dedicated RV parking, boat storage, and multiple outbuildings ideal for workshops, tools, or equipment housing. Whether you hold for long-term land appreciation in one of North Texas’s fastest-growing corridors or enjoy the acreage, opportunities with this location advantage and flexibility are hard to find. Note: Cash buyer or specialized manufactured home financing required due to the manufactured home being moved twice.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Melissa
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