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$225,000

3324 Fannin Road, Melissa, TX, 75454

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,153 sqft

Land Information

APNR-9720-003-01R1-1
Lot Number1R1
SubdivisionLesmes Addition (Cml)
Land UseCommercial
Legal DescriptionLESMES ADDITION (CML), BLK 3, LOT 1R1
Census Tract030206
Assessed Land Value$78,996
Assessed Improvement Value$17,387
Assessment Year2025

About this property

Exceptional Commercial Opportunity in Melissa, TX Imagine your business thriving in the heart of Melissa, Texas—a rapidly growing community where opportunity is knocking at your doorstep! This .29-acre commercial lot is perfectly positioned to take advantage of the exciting growth in the area. Situated across the street from new commercial development, this property is primed for success. Key Features: Prime Location: In the heart of Melissa, a community known for its development potential. Concrete Parking Lot Already Completed: Significant groundwork is already done, saving you time and money. Across from New Commercial Development: Be at the center of the action with a bustling commercial environment just steps away. Whether you're looking to expand your business or invest in a prime piece of real estate, this lot offers unmatched potential. The stage is set for your business to thrive in a growing, vibrant market. Opportunities like this don’t come often—grab yours today!

Investor Tools

Property Icon
$96,383
Estimated Property Value
$0Estimated Mortgage Balance
$96,383Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,565
$96,383
2025
$78,996
$17,387
$96,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,565
$96,383

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,383
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Melissa

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3324 Fannin Road | Property Details | No Agent List