TBD State Hwy 160

Description

Situated in a highly desirable location, this approximately 15-acre property along Highway 160 presents an outstanding opportunity for development, investment, or private use. The tract is conveniently positioned less than 1.5 miles north of Sam Rayburn Highway (SH 121), less than 15 miles from Highway 75 and the rapidly expanding community of Melissa, and approximately 20 minutes from McKinney. The land features mostly level, open terrain, creating a versatile setting for potential one-acre residential lots, a private estate, or a buyer seeking acreage to build a custom property with their preferred builder. Established tree lines and a creek bordering the eastern side provide a scenic natural setting while offering separation and privacy from surrounding properties. Boasting over 460 feet of road frontage along highly traveled Highway 160, the property offers excellent visibility and accessibility. Its proximity to SH 121 further enhances the tract's appeal and creates potential for commercial or mixed-use applications, subject to buyer verification and due diligence. Utility access is another key benefit, with a recently improved 8-inch water line located along Highway 160 and electricity available at the roadway, potentially reducing infrastructure and development expenses. Located outside the city limits and ETJ, the property is not subject to city taxes and offers limited restrictions and the potential for reduced development costs. The land currently carries an agricultural exemption. Whether for residential development, commercial investment, or a private acreage property, this tract offers a compelling combination of location, usable land, significant highway frontage, and future potential in the rapidly developing North Texas region.