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$5,450,000
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Property Description
This prime 4.85-acre property is located in northwest McKinney, adjacent to both Celina and Prosper; an area undergoing some of the most significant growth in Collin County. The site offers a rare combination of stabilized rental income and exceptional development potential. Approximately 2.85 acres are improved with four commercial structures totaling 6,857 square feet, currently leased to a diverse mix of tenants providing steady income. The remaining two acres to the south are vacant, flat, and development-ready. With over 300 feet of frontage along Frontier Parkway (also known as Laud Howell Parkway), a major east-west corridor connecting McKinney, Prosper, and Celina, the property benefits from excellent visibility and accessibility. Custer Road, a key north-south arterial, is located nearby, further enhancing connectivity The property is directly in the path of rapid development and surrounded by major planned and ongoing projects. These include the 127-acre Custer Frontier Marketplace anchored by Kroger Marketplace, which will feature retail, dining, medical, multifamily, and a new single-family residential community scheduled to break ground in 2026. Other nearby developments include new Prosper ISD schools, the proposed Aster Park mixed-use project, expansions of Mustang Lakes and Highland Lakes, several large-scale master-planned communities, and the extensive Billingsley multi-use development to the south. Located within the extraterritorial jurisdiction (ETJ) of McKinney, the property offers flexibility for future use while generating income today. With a strategic location, high traffic exposure, and proximity to transformative growth, this offering presents a rare opportunity for investors and developers in one of the most dynamic markets in North Texas.
Full Property Details
Full Property Details for 5959 Texas Trl
General
- Price: $5,450,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21047871
- Updated: 9/5/2025
- Added to Site: 145 day(s) ago
Location
- County: Collin
- Subdivision: ABS A0816 LANG C SEARCY SURVEY
- Driving Directions: From Highway 380 and Custer Road, head north on Custer Road for approximately 4.5 miles. Turn right (east) onto Laud Howell - Frontier Parkway. Continue for about 0.5 miles, then turn right onto Texas Trail. The property at 5959 Texas Trail will be on your right.
School Information
- Elem School District: Prosper ISD
- Midd School District: Prosper ISD
- High School District: Prosper ISD
- Elementary School: John A Baker
- Middle School: Lorene Rogers
- High School: Walnut Grove
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, See Remarks
Lot Features
- Lot Size (Acres): 4.85
- Lot Size (Sq. Ft.): 211,266
- Lot Features: Acreage, Few Trees
- Zoning: ETJ McKinney
Disclosures and Reports
- Legal Description: ABS A0816 LANG C SEARCY SURVEY, TRACT 7, 2.0
- Exclusions: Commercial tenant's belongings
- Property ID: R681600000701
Listed by Regal, REALTORS, Rich Johnson
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Schools
Schools serving 5959 Texas Trl
School District:Prosper Independent School District
| Name | Grades | Distance |
|---|---|---|
John A Baker 3125 Bluewood Drive, McKinney, TX 75071 | K-5 | 2.5 mi |
Lorene Rogers Middle School 1001 South Coit Road, Prosper, TX 75078 | 6-8 | 3.8 mi |
Prosper High School 301 Eagle Drive, Prosper, TX 75078 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5959 Texas Trl
Date
Details
Price
Change
Source
9/05/2025
Listed
$5,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5959 Texas Trl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,127
-1%
$1,910,123
1%
2023
$28,333
49%
$1,893,123
-1%
2022
$19,050
—
$1,904,014
68%
2022
$19,050
82%
$1,136,233
2%
2021
$10,486
64%
$1,112,183
32%
2020
$6,381
-1%
$840,990
137%
2019
$6,470
4%
$354,626
10%
2018
$6,229
-9%
$322,426
-8%
2017
$6,822
15%
$351,292
16%
2016
$5,929
19%
$302,558
20%
2015
$4,999
8%
$252,855
8%
2014
$4,639
3%
$233,487
4%
2013
$4,487
—
$225,324
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5959 Texas Trl
5959 Texas Trail, McKinney, TX 75071 (MLS# 21047871) is a Lots/Land property with a lot size of 4.85 acres. 5959 Texas Trail is currently listed for $5,450,000 and was received on September 05, 2025. Want to learn more about 5959 Texas Trail? Do you have questions about finding other Lots/Land real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

