Sirka Real Estate
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3Beds
2Baths
1,344Sqft
$1,450,000
MLS# 21196987

Overview

3 / 2
Bed / Bath / Gar
1,344
Sq Ft
1950
Year Built
22.05 acres
Lot Size
152
CDOM
Farm
Type

Description

Positioned on 22+ acres in rapidly growing Josephine on the eastern edge of Collin County, this property offers a rare opportunity for residential, commercial, or mixed-use development in one of North Texas’ emerging growth corridors. Located directly across from the brand-new Ellis Elementary School and near the future planned middle school, the site sits at the center of an expanding residential community with increasing demand for homes, retail and services. The property features flat, mostly cleared land with scattered mature trees, offering an ideal development canvas. Approximately 4 acres at the front lie within Josephine city limits and include a 1344 sq ft home (1950) and a 30×50 shop with electricity (no real value placed here), while the rear 18+ acres fall within Josephine’s ETJ and currently have no zoning restrictions, allowing exceptional flexibility for development. Potential uses could include multifamily, retail, mixed-use, neighborhood commercial center, event venue, or a larger single-tenant retail concept, subject to buyer plans. Annexation into the city is welcomed but not required. Josephine is experiencing significant infrastructure and population growth, with Greenville Street expanding to four lanes and numerous new residential subdivisions underway throughout the area. Despite the rapid housing growth, retail and commercial services remain extremely limited, creating a clear opportunity for investors and developers. Currently, residents travel 20+ minutes for dining, major retailers and shopping. Local development plans and community reports indicate that major national retailers are evaluating expansion along the Highway 6 corridor, further supporting long-term growth potential in the area. With strong visibility, proximity to new schools, flexible land use potential, and clear retail demand, this property presents an outstanding opportunity to secure a strategic site in the path of Josephine’s continued expansion.

Mortgage Calculator

$
%
20% · $290,000
0%50%
Principal & Interest$7,332(83%)
Property Tax$868(10%)
Homeowner's Insurance (est.)$604(7%)
Est. Monthly Payment$8,804/mo
Est. Monthly$8,804

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
12 x 14 / 1
Living Room
14 x 15 / 1
Appliances
Gas Range
Interior Features
Other
Heating
Central, Natural Gas
Cooling
Central Air, Ceiling Fans, Electric
Utilities
Cable Available, Natural Gas Available, Other, Sewer Available, Separate Meters, Underground Utilities, Water Available
Architectural Style
Ranch, Barndominium, Detached, Farmhouse
Roof
Composition
Foundation
Pillar Post Pier
Exterior Features
Private Entrance, Storage
Patio / Porch
Deck
Pool
None
View
Park Greenbelt
Levels
One
Stories
1
Attached Garage
No

Schools

Elementary
Mildred B. Ellis (Community ISD)
Middle
Leland Edge (Community ISD)
High
Community (Community ISD)

Price & Status History

DateEventPrice
5/20/2026Listed for sale
Source: NTREIS #21196987
$1,450,000

Nearby Properties

Listed by Randal Haluptzok · Cheryl Rivera Smith
Source: NTREIS · MLS#: 21196987

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

3bed
2bath
$1,450,000
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