Views
Address
324 N Greenville Road, Josephine, TX
Price
$ 1,450,000
Property Attributes
- MLS#21196987
- TypeSingle Family
- Listing Status Active
- CountyCOLLIN
- CityJosephine
- Zip75173
- StyleRanch
- Year Built1950
- Taxes$ 10419
- Price$ 1,450,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1344
- Lot Size22.05 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.
| Elementary School |
|---|
| Mildred B. Ellis Elementary School |
| Price History | |
|---|---|
| 3/4/2026 | Listed $1,590,000 |
| 5/28/2026 | 9$1,450,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Cable Available,City Sewer,City Water,Individual Gas Meter,Outside City Limits,Underground Utilities,Other |
| Possession | 30-60 Days,Closing/Funding,Negotiable |
| Roof | Composition |
| Appliances | Gas Range |
| Easements | Drainage,Utilities |
| current use | Agricultural,Investment,Residential,Single Family |
| Restrictions | Easement(s) |
| School District | Community ISD |
| Exclusions | Contents. |
| Year Built | 1950 |
| Architectural Style | Ranch |
| Levels | One |
| Unexempt Taxes | 10419 |
| Will Subdivide | Yes |
| Property Subtype | Farm/Ranch |
| Subdivision Name | None |
| Possible Use | Agricultural,Barndominium,Commercial,Development,Equine,Horses,Industrial,Investment,Livestock,Manufactured Home,Mini-Storage,Mixed Use,Multi-Family,Pasture,Place of Worship,Ranch,Recreational,Reside |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Collin |
| Property Type | Residential |
| Construction Materials | Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| Number Of Barns | 1 |
| Full Baths | 2 |
| Status | Active |
| Directions | Follow GPS. From Wylie - take 78 East. Turn right on FM 6 (east). Turn left on Main Street,then slight left on FM 547. Right on Hubbard,which curves to left and turns into Greenville. Property on ri |
| City | Josephine |
| Elementary School Name | Mildred B. Ellis |
| High School | Community |
| Elementary School | Mildred B. Ellis |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21196987 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,Federal Land Bank,Private Financing Available,USDA Loan |
Interior Features
| Interior Features | Other |
|---|---|
| Dining Areas | 1 |
| Living Areas | 1 |
| Number Of Residences | 1 |
| Room Count | 2 |
| Lock Box Type | None |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Features | Private Entrance,RV/Boat Parking,Stable/Barn,Storage |
|---|---|
| Lot Features | Acreage,Adjacent to Greenbelt,Agricultural,Interior Lot,Lrg. Backyard Grass,Many Trees,Park View,Pasture,Rolling Slope,Rugged |
| Vegetation | Brush,Grassed,Partially Wooded |
| Soil Type | Unknown |
| Lot Size Source | Assessor |
| Parking Features | Additional Parking,Circular Driveway |
| Lot Size | 10 to < 50 Acres |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 22.0500 |
| Lot Size Units | Acres |
| Structural Style | Farm/Ranch House,Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 960498.0000 |
| Lot Size Acres | 22.0500 |
| Patio And Porch Features | Deck |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75173
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor eXp Realty in Metrotex shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
