




$5,062,543
TBD Milrany Lane, Melissa, TX, 75454
About this property
19.37 acres of undeveloped land located in the McKinney ETJ and Melissa ISD presents a unique canvas for potential development. The terrain is mostly flat with few trees and a small pond. No zoning allows the possibility for a variety of uses, including residential, commercial, or mixed-use developments making it suitable for anything from a small housing community to a retail center. Close proximity to schools, parks, and local amenities adds to the appeal of this property.
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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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