Listing provided courtesy of Congress Realty, Inc.MLS# 21312924MLS ProviderContact Information: Jared English - 888-881-4118
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Rare opportunity to own a highly visible property located directly on State Highway 78 in the rapidly growing Blue Ridge area of Collin County. Perfectly positioned between 121 and 380. This property offers a unique combination of residential use, highway frontage, and future commercial potential with beautiful views. Excellent investment, owner-user, or redevelopment opportunity. Builders, Investors, and Business Owners whether you envision a stunning custom home or an exciting commercial development, this versatile lot offers endless possibilities. 1.01-acre corner-style, no HOA, commercial opportunity with High-visibility along State Highway 78 frontage which is hard to find. Also a rear street access for additional ingress-egress. City water, sewer, and electric already on site. 1,377 sq. ft. shop with dedicated office area featuring a 39x27 main workspace and an additional 18x18 which can be used as office or storage. Residentially zoned but primed for rezoning to commercial use. Minutes from Melissa, McKinney, Farmersville, Princeton, Greenville and other rapidly growing areas. Just minutes from Melissa, one or the fastest growing. communities in North Texas, convenient access to: •HEB • Buc-ee's • Walmart • Kroger • Restaurants and retail shopping • Medical offices and healthcare facilities • Melissa ISD and community amenities Easy Access to Major Highways Conveniently positioned with access to: • State Highway 78 • U.S. Highway 380 • U.S. Highway 75 • Sam Rayburn Tollway (SH 121) • Dallas-Fort Worth Metroplex *The house has little or no contributory value and the real value is in the land, Highway 78 frontage, and the shop-office building.

Source: North Texas MLS, MLS#: 21312924

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  • Property Type
    Land
  • Lot
    1.01 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 500 N State Highway 5 N


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: North Texas MLS Added to Database
June 29, 2026