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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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500 N State Highway 5 N , Blue Ridge, TX 75424
$342,000
Est. Payment: $1,760.76/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 56
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Rare opportunity to own a highly visible property located directly on State Highway 78 in the rapidly growing Blue Ridge area of Collin County. MOTIVATED SELLER on quick close! Bring your offers! Perfectly positioned between 121 and 380. This property offers a unique combination of residential use, highway frontage, and future commercial potential with beautiful views. Excellent investment, owner-user, or redevelopment opportunity. Builders, Investors, and Business Owners whether you envision a stunning custom home or an exciting commercial development, this versatile lot offers endless possibilities. 1.01-acre corner-style, no HOA, commercial opportunity with High-visibility along State Highway 78 frontage which is hard to find. Also a rear street access for additional ingress egress. City water, sewer, and electric already on site. 1,377 sq. ft. shop with dedicated office area featuring a 39'x27' main workspace and an additional 18'x18' which can be used as office or storage. Residentially zoned but primed for rezoning to commercial use. Minutes from Melissa, McKinney, Farmersville, Princeton, Greenville and other rapidly growing areas. Just minutes from Melissa, one or the fastest growing. communities in North Texas, convenient access to: •HEB • Buc-ee's • Walmart • Kroger • Restaurants and retail shopping • Medical offices and healthcare facilities • Melissa ISD and community amenities Easy Access to Major Highways Conveniently positioned with access to: • State Highway 78 • U.S. Highway 380 • U.S. Highway 75 • Sam Rayburn Tollway (SH 121) • Dallas-Fort Worth Metroplex *The house has little or no contributory value and the real value is in the land, Highway 78 frontage, and the shop office building. Please not enter the home property is under video surveillance.

Highlights

Listed by Jared English , Congress Realty, Inc. , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
1.01

Year Built

1987

County

Collin

Neighborhood

N-A

School District

Blue Ridge ISD

Listing ID

21312924

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Corner Lot,Few Trees,Lrg. Backyard Grass,Cedar,Varied,1 to < 3 Acres
Zoning:Zoned residential with opportunity for commercial zoning
Principal Interest
$1,761
Taxes
$261

Home Price

$342,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$68,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,760.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,760.76 $260.67 $0.00 $2,021.43
Yearly $21,129.17 $3,128.00 $0.00 $24,257.17
Total $633,875.23 $93,840.00 $0.00 $727,715.23

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Blue Ridge, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

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