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5215 County Road 277Melissa, TX 75454Price: $4,500,000

  • Price: $4,500,000
  • Est. Mortgage of $/month
  • 5 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,500,000List Price
  • 29.31Acreage
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29.31 COMBINED TOTAL ACRES located in Melissa Tx, Collin County on CR 277 aka Telephone Rd. This property is unzoned and has a combination of level building area for Development of Single Family homes or a Multi Family Complex and offers seclusion by the wooded area that backs up to the North Fork of the Trinity River. Exponential growth in Melissa Tx, combined with the beautiful custom homes that surround this area make the investment in North Texas worth while. This property has 3 individual, yet separate owners, ALL 3 must contract together and close together. WILL NOT sell individually. Tract 73 has a well in place, will need well pump and pumphouse. Covenants state an HOA however it is not active or enforced. Three tracts being Tract 76 is R629400307601, Tract 16 is R629400301601 & Tract 73 is R629400307301 on the CAD. Property is Located approx 1 mile West of Hwy 75 from the Melissa Rd exit and approx 2 miles from Buc-ee's. Combo lock at pipe gated entrance. See showing instructions. Address are as follows 5215 CR 277 & 5285 CR 277 with 3rd tract being TBD.
Listing Courtesy of Sheri Kent of DFW Elite (214-642-6969)

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 5:50 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking ‘Submit,’ you consent to receive marketing and informational communications from Briggs Freeman Sotheby’s International Realty and its affiliates, Momentous Title and Select Lending Services at the phone number and email address you provided. These communications may include text messages, phone calls (including those made using automated dialing systems or prerecorded messages), and emails related to Real Estate. Consent is not a condition of any purchase. Standard message and data rates may apply. You may opt out of receiving communications at any time by replying ‘STOP’ to text messages, clicking ‘Unsubscribe’ in emails, or contacting Briggs Freeman Sotheby’s International Realty at 214-350-0400 or donotcall@briggsfreeman.com For more information about how your data is used and stored, please refer to our privacy policy., and SMS Terms and Conditions on our website. I agree to the above terms and consent to receive communications as described.

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