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$4,000,000

TBD CR 277, Melissa, TX, 75454

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Amazing Development Opportunity with Sewer access in TOP RATED MELISSA ISD. 56.780 Acres surrounded by multiple residential developments, located just W of Hwy 75 and the future Outer Loop. Rich land, trees and County Rd 277 frontage paves the way for opportunity. The lands directly north and also east of this property are currently being developed for Single Family Homes. Frontage on future 4 lane thoroughfare CR 277.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$24,000 /month
Positive
Cash Flow Estimate:
$8,000 /month

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Financing Details

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

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.

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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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TBD CR 277 | Property Details | No Agent List