Date
Details
Price
Change
Source
8/03/2026
Listed
$2,997,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$2,997,000 Just Listed
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1/19
Property Description
Exceptional investment opportunity in one of the fastest-growing corridors in North Texas! Offering approximately 4.67 acres of prime highway frontage along Sam Rayburn Highway in Melissa, this property is ideally positioned directly across from Walmart and less than 2 miles from H-E-B, Buc-ee's, Kroger, Starbucks, Chick-fil-A, Chipotle, and US-75, providing outstanding visibility and accessibility. The property currently features a residence, swimming pool, and shop, allowing for immediate use while planning for future development. With significant commercial and residential growth surrounding the area, this property presents tremendous long-term potential. A neighboring development is expected to bring future commercial water and sewer infrastructure nearby, further enhancing investment possibilities. Located within the Melissa ETJ and just minutes from both McKinney and Anna, this rare offering combines an exceptional location, highway exposure, and future growth potential. Whether you're an investor, developer, or looking to secure a highly desirable tract in a rapidly expanding market, this is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 1606 Sam Rayburn Hwy
General
- Price: $2,997,000
- Status: Active
- Type: Commercial Investment
- Source: NTREIS
- MLS ID: 21314123
- Updated: 8/3/2026
- Added to Site: Today
Business
- Business Type: Commercial, Other
Interior
- Flooring: Concrete, Hardwood, Tile
Parking
- Parking Features: Gravel
Location
- County: Collin
- Subdivision: (SMLR) MELISSA ISD RURAL
- Driving Directions: GPS Friendly
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Propane
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Propane, Septic Available, Separate Meters, See Remarks, Water Available
Structural Information
- Detached/Attached: Detached
- Roof: Composition, Metal
- Year Built: 2001
Lot Features
- Lot Size (Acres): 4.67
- Lot Size (Sq. Ft.): 203,425.2
- Lot Size Source: Public Records
- Frontage: Highway, Gravel
- Lot Features: Acreage
- Potential Use: Office, Other
- Zoning: ETJ
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Survey
- Exclusions: List of exclusions will be provided.
- Inclusions: Other
- Disclosures/Rstr.: Familial Relation
- Property ID: 2770462
Listed by Monument Realty, Kaley Millender and Monument Realty, Hai Hoang
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1606 Sam Rayburn Hwy —
Kaley Millender
Monument Realty
Hai Hoang
Monument Realty
214-636-2535
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1606 Sam Rayburn Hwy
School District:Melissa Independent School District
| Name | Grades | Distance |
|---|---|---|
Willow Wood Elementary School 5780 Parkdale Drive, McKinney, TX 75071 | K-5 | 1.4 mi |
Melissa Middle School 3150 Cardinal Drive, Melissa, TX 75454 | 6-8 | 1.4 mi |
Melissa High School 3030 Milrany Lane, Melissa, TX 75454 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1606 Sam Rayburn Hwy
Tax History
Tax History for 1606 Sam Rayburn Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,738
—
$1,564,176
5%
2023
$20,696
-7%
$1,495,437
-4%
2022
$22,370
—
$1,550,180
7%
2022
$22,370
6%
$1,450,700
15%
2021
$21,141
59%
$1,263,945
58%
2020
$13,290
-5%
$799,000
4%
2019
$13,990
-4%
$766,790
2%
2018
$14,531
66%
$752,128
67%
2017
$8,769
6%
$451,511
7%
2016
$8,290
3%
$423,023
4%
2015
$8,014
17%
$405,350
10%
2014
$6,843
—
$368,500
—
2013
$6,827
—
$366,828
—
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 1606 Sam Rayburn Hwy
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1606 Sam Rayburn Highway, Melissa, TX 75454 (MLS# 21314123) is a Commercial Investment property. 1606 Sam Rayburn Highway is currently listed for $2,997,000 and was received on August 03, 2026. Want to learn more about 1606 Sam Rayburn Highway? Do you have questions about finding other Commercial Investment real estate for sale in Melissa? You can browse all Melissa real estate or contact a Coldwell Banker agent to request more information.