Cody Maxwell
Capitol Ranch Real Estate, LLC
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.
Directions: From Highway 380 and Custer Road, head north on Custer Road for approximately 4.5 miles. Turn right (east) onto Laud Howell - Frontier Parkway. Continue for about 0.5 miles, then turn right onto Texas Trail. The property at 5959 Texas Trail will be on your right.
Cody Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Rich Johnson of Regal, Realtors