A Collin County Home Developer's Dream! As arguably the most appealing large land tract available in Collin County, this clean and well kept property is primed and ready for an incredible single family home, Master-Planned Community. Defined by hilly topography, dotted with trees and lined with streams, this North Texas paradise wraps around a picturesque 27-acre lake as well as a smaller 5-acre lake and several ponds. Scenic lake vista's and terraced acres of green-space are inviting and insight inspiration of what could be a top lifestyle destination in northern Collin County. As part of the estate of Centaur Valley Arabian Horse Ranch, the property is bounded on the southwest by the tranquil Sister Grove Creek and on the northeast by FM 2862 (approx. 3200 feet of frontage). As a major thoroughfare in the area, FM 2862 provides great ingress and egress options to much of the property as well as easy access to the City of Anna to the northwest and Hwy 121 to the southeast. The traffic relief from the newly completed, State Highway 121 widening project (through Melissa) has made this site all the more exciting.