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$225,000 Just Listed
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Property Description
Prime investment opportunity in the heart of downtown Melissa! Located at 3201 Central Street, this property sits on an oversized lot just under half an acre, offering rare space and flexibility in a rapidly growing area. Positioned within the downtown corridor, this property presents strong redevelopment potential-ideal for investors, builders, or those looking to capitalize on Melissa's continued expansion. The near half-acre lot size provides multiple possibilities for future use, making it a standout opportunity in this location. A valuable feature of the property is the active water well, offering potential utility savings and added functionality for future development or improvements. Surrounded by ongoing growth, new construction, and increasing demand, this property is strategically located with convenient access to major thoroughfares while maintaining a highly desirable central location. Opportunities like this-nearly half an acre, downtown location, and long-term upside-are becoming increasingly limited in Melissa. Don't miss your chance to invest in one of North Texas' fastest-growing markets.
Full Property Details
Full Property Details for 3201 N Central St
General
- Price: $225,000
- Taxes: $2,468
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21227286
- Updated: Today (4/10/2026)
- Added to Site: Today
Location
- County: Collin
- Subdivision: Melissa Div
- Driving Directions: ** USE GPS **
School Information
- Elem School District: Melissa ISD
- Midd School District: Melissa ISD
- High School District: Melissa ISD
- Elementary School: Melissa
- High School: Melissa
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development, Other
Lot Features
- Lot Size (Acres): 0.425
- Lot Size (Sq. Ft.): 18,513
- Lot Features: Interior Lot, Subdivision, Few Trees, City Lot
- Development Status: Streets Installed, Zoned
- Zoning: Single Family
Financial Considerations
- Tax Amount: $2,468
- Terms: Cash, Conventional, 1031 Exchange, FHA, Other, Texas Vet, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: MELISSA DIVISION (CML), BLK 1, LOT 8A
- Property ID: R1085001008A1
- Block: 1
- Lot Number: 8A
Listed by Keller Williams Realty, Corey Jones
Get Pre-Approved Today
Schools
Schools serving 3201 N Central St
School District:Melissa Independent School District
| Name | Grades | Distance |
|---|---|---|
Harry Mckillop Elementary School 3509 Liberty Way, Melissa, TX 75454 | K-5 | 0.5 mi |
Melissa Middle School 3150 Cardinal Drive, Melissa, TX 75454 | 6-8 | 0.4 mi |
Melissa High School 3030 Milrany Lane, Melissa, TX 75454 | 9-12 | 1.5 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 3201 N Central St
Date
Details
Price
Change
Source
4/10/2026
Listed
$225,000
—
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 3201 N Central St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,225
51%
$141,750
—
2023
$4,135
159%
$141,750
58%
2022
$1,596
—
$89,775
20%
2022
$1,596
101%
$74,813
114%
2021
$795
37%
$34,913
40%
2020
$582
25%
$25,000
31%
2019
$465
-4%
$19,112
—
2018
$486
—
$19,112
—
2017
$488
-1%
$19,112
—
2016
$491
-1%
$19,112
—
2015
$494
5%
$19,112
—
2014
$471
—
$19,112
—
2013
$472
—
$19,112
—
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 3201 N Central St
3201 N Central Street, Melissa, TX 75454 (MLS# 21227286) is a Lots/Land property with a lot size of 0.425 acres. 3201 N Central Street is currently listed for $225,000 and was received on April 10, 2026. Want to learn more about 3201 N Central Street? Do you have questions about finding other Lots/Land real estate for sale in Melissa? You can browse all Melissa real estate or contact a Coldwell Banker agent to request more information.

