Features & Amenities

Interior

  • Other Interior Features

    Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet

  • Total Bedrooms

    14

  • Bathrooms

    10

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Brick

  • Other Exterior Features

    Fire Pit

  • Parking

    Additional Parking, Covered, Driveway, Electric Gate, Attached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Wooded

  • Lot Size(acres)

    7.98

  • Lot Size(square feet)

    347608.8

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Ranch

Price

  • Sales Price

    $1,999,222

  • Tax Amount

    $15,195

  • Sq. Footage

    13, 100

  • Price/SqFt

    $152

HOA

  • Association

    No

School District

  • Elementary School

    Sumeer

  • Middle School

    East Cardinal

  • High School

    Melissa

Property Features

  • Foundation Details

    Slab

  • Sewer

    Septic Tank

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Location

County

Collin

Elementary School

Sumeer

Middle School

East Cardinal

High School

Melissa

Listing Courtesy of Ron Morgan , Fathom Realty

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THIS Property is offered well  below appraised value .Rare 8-Acre, High-Yield Investment Opportunity in McKinney ETJ Melissa ISD
This is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside.
The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service.
The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare.
Infrastructure is already in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI.
For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground.
Properties with this income, acreage, and infrastructure do not exist at this price point.
Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator.
Buy it for the income. Hold it for the appreciation. Expand it for exponential returns.
This is not a maybe deal this is a generational asset. Schedule a showing before it’s gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.

2252 CR 342

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