Legacy Ranch
A Melissa subdivision on the Texas HOA registry, in a fast-growing small city
Legacy Ranch is a Melissa subdivision with an HOA management certificate on file with the Texas homeowners association registry. It sits in one of the fastest-growing small cities in Collin County: Melissa has gone from a rural town to a suburb of new construction in under two decades, and its housing stock is correspondingly young, with Melissa ISD growing alongside it.
Price Range
Roughly $350K – $550K depending on plan and condition, around Melissa's median home value of about $454K (US Census ACS 2024 5-year) and its median sale price of $435,000 (Redfin, three months ending May 2026). The mix of new construction closing moves that median as much as values do.
Property Types
Single-family, Two-story brick traditional, New construction in newer phases
Year Built
Mostly 2005–present
HOA: Registered association with a management certificate on file with the state. Confirm the current dues and coverage from the resale certificate.
Schools
Melissa ISD
Commute & Access
About 5 min to US 75 · roughly 15 min to McKinney · about 35 min to Legacy West · roughly 55 min to Downtown Dallas outside peak
Highlights
What makes Legacy Ranch stand out
- Young housing stock, so systems and finishes are current
- Melissa ISD, a small district that has grown with the city
- Quick US 75 access, the practical advantage of Melissa over the communities further east
- Registered homeowners association
- Standard suburban lots with back yards
- Prices well below McKinney and Frisco for comparable square footage
Best Fit
A family that wants a newer, larger house than their budget buys further south, and is willing to drive US 75 to get it.
Nearby Amenities
- Community common areas and neighborhood parks
- Melissa's city parks and recreation facilities
- US 75 retail corridor
- McKinney's retail, dining and historic square fifteen minutes away
- Lake Lavon recreation within reach
Major Employers Nearby
- Raytheon and the McKinney aerospace corridor
- Baylor Scott & White McKinney and Medical City McKinney
- Melissa ISD and McKinney ISD
- Toyota Motor North America (Legacy West, Plano)
- The US 75 office corridor
How Legacy Ranch trades
Melissa's market is dominated by new construction, which means the reported median moves with what builders are selling as much as with what existing homes are worth. For a resale seller, the practical consequence is that builder incentives set the competitive floor. For a buyer, it means comparing a resale against a new build with a rate buydown attached rather than against list price alone.
Taxes, dues and districts
Fast-growing small cities in this corridor commonly use municipal utility and public improvement districts to fund infrastructure, which either raise the tax rate or add an assessment on top of HOA dues. Pull the rate for the exact address from the Collin Central Appraisal District record and have the title company identify any district before the option period ends.
Check these before you offer
The trade-offs a listing will not mention. None of these are reasons not to buy here; they are the things worth pricing in.
- Resale competes with builder incentives while construction continues nearby.
- The commute to the Plano and Frisco employment corridors is long at peak.
- Melissa ISD is small and growing fast, so campus assignments and facilities are changing.
- Verify the tax rate and any special district assessment for the specific address.
- Retail and services in Melissa itself are limited; most errands mean a drive to McKinney.
Legacy Ranch: Frequently Asked Questions
What schools serve Legacy Ranch?
Is Melissa a good value against McKinney?
Should I buy new or resale here?
Nearby
More Melissa neighborhoods
- LibertyMelissa’s flagship 535-acre master-plan, now built out and trading as resalePrimarily resale, roughly $350K–$650K depending on size, lot, and updates. Liberty sold out of new construction in 2024, so ask for current comps rather than a builder base price.
- Milrany RanchActive new-construction master-plan with an amenity center and resort-style poolNew construction from roughly the high $420s into the $700s depending on builder, plan, and lot (K. Hovnanian base pricing has started near $428,900; UnionMain plans from the $450s). Builder base prices move with incentives and inventory, so confirm current numbers.
- Wolf Creek FarmsNew-construction Melissa community with a for-sale core and a large build-to-rent sectionNew-construction homes from roughly the high $460s (Meritage Signature series near $469,900) to the mid-$500s and up (Premier series from about $550,000). Builder base prices move with incentives and inventory, so confirm current numbers and lot premiums.
- Country RidgeAn established Melissa neighborhood with its own namesake city parkRoughly $330K – $500K depending on plan and condition, around and below Melissa's median home value of about $454K (US Census ACS 2024 5-year) and its median sale price of $435,000 (Redfin, three months ending May 2026).
- Melissa FarmsA registered Melissa subdivision in a city built almost entirely since 2005Roughly $340K – $530K depending on plan and condition, around Melissa's median home value of about $454K (US Census ACS 2024 5-year) and its median sale price of $435,000 (Redfin, three months ending May 2026).
- North CreekAn established Melissa neighborhood, with North Creek Elementary named for itRoughly $330K – $510K depending on plan and condition, around and below Melissa's median home value of about $454K (US Census ACS 2024 5-year) and its median sale price of $435,000 (Redfin, three months ending May 2026).