Land and home values in Melissa, TX
Melissa is a city in Collin County, Texas, home to about 20,136 people. Residential land runs about $7.70 per sq ft, the typical home is worth about $461,000, and a 2-bedroom rents for about $2,770 a month, as of October 12, 2026.
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| Land: residential | $7.70 | per sq ft |
| Land: residential | $335,499 | per acre |
| Land: quarter-acre lot | $83,875 | 10,890 sq ft |
| Home: typical (median) | $461,000 | value |
| Home: entry-level | $340,000 | lower quartile |
| Home: upper-end | $551,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $2,370 | per month |
| Rent: 2-bedroom | $2,770 | per month |
| Rent: 3-bedroom | $3,490 | per month |
| Rent: 4-bedroom | $4,450 | per month |
| Gross yield, 2-bed | 7.2% | a year |
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Questions people ask
How much is land worth in Melissa, TX?
Residential land in Melissa, TX is about $7.70 per square foot, or $335,499 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $83,875. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Melissa, TX?
The typical (median) home in Melissa, TX is worth about $461,000, with entry-level homes around $340,000 and upper-end homes around $551,000, as of October 2026.
How much is rent in Melissa, TX?
A 2-bedroom rents for about $2,770 a month in Melissa, TX, a 1-bedroom about $2,370 and a 3-bedroom about $3,490 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.