Paragon Realtors Real Estate

5959 Texas TrailMckinney, TX 75071Price: $5,450,000

  • Price: $5,450,000
  • Est. Mortgage of $/month
  • 259 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,450,000List Price
  • 4.85Acreage

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Listed by Rich Johnson of Regal,REALTORS (972-771-6970)
This prime 4.85-acre property is located in northwest McKinney, adjacent to both Celina and Prosper; an area undergoing some of the most significant growth in Collin County. The site offers a rare combination of stabilized rental income and exceptional development potential. Approximately 2.85 acres are improved with four commercial structures totaling 6,857 square feet, currently leased to a diverse mix of tenants providing steady income. The remaining two acres to the south are vacant, flat, and development-ready. With over 300 feet of frontage along Frontier Parkway (also known as Laud Howell Parkway), a major east-west corridor connecting McKinney, Prosper, and Celina, the property benefits from excellent visibility and accessibility. Custer Road, a key north-south arterial, is located nearby, further enhancing connectivity The property is directly in the path of rapid development and surrounded by major planned and ongoing projects. These include the 127-acre Custer Frontier Marketplace anchored by Kroger Marketplace, which will feature retail, dining, medical, multifamily, and a new single-family residential community scheduled to break ground in 2026. Other nearby developments include new Prosper ISD schools, the proposed Aster Park mixed-use project, expansions of Mustang Lakes and Highland Lakes, several large-scale master-planned communities, and the extensive Billingsley multi-use development to the south. Located within the extraterritorial jurisdiction (ETJ) of McKinney, the property offers flexibility for future use while generating income today. With a strategic location, high traffic exposure, and proximity to transformative growth, this offering presents a rare opportunity for investors and developers in one of the most dynamic markets in North Texas.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 1:21 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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