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Austin McFarland

austin.mcfarland@exprealty.com +1(903) 705-3341

$1,200,000

Est. payment - /mo

8.79 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Jackson M V A

MLS Listing ID 21261263

HOA Y/N None

Annual Tax Amount $2

Lot Size 8.790 Acres

Acres 8.79

Property Sub-Type Improved Land

Property Description

Prime 8.8acre development opportunity in Denison's fastest-growing corridor along US Highway 75. This development-ready site offers city water, sewer, and electric already on site, along with valuable agricultural zoning and a current ag exemption that keeps taxes low during the planning phase. Included is a spacious 3,150 sq ft, 3bed 3bath home built in 2007, which serves as an ideal office, sales center, event venue, or temporary housing while development plans move forward. Just 13 minutes from the 7 billion Preston Harbor master planned development and the upcoming Margaritaville Resort groundbreaking targeted for 2027, the property sits in the direct path of progress. Adjacent self-storage and retail projects are already breaking ground, new single-family communities are rising nearby, and additional mixed-use projects along US 75 featuring restaurants, housing, and retail are adding significant traffic and demand. This versatile tract presents an outstanding opportunity for commercial retail, mixed-use development, hospitality, self-storage, or residential projects. Priced at a motivated $1,200,000 with owner financing available, this represents exceptional value at approximately $136,500 per acre in one of North Texas' strongest emerging markets.

Location

State TX

County Grayson

Zoning Ag

Direction From Hwy 75, take Randell Lake Rd Exit 71. Property is on the right just west of the exit.

Exterior

Utilities Available City Sewer, City Water

Garage No

Building

Lot Description Acreage, Few Trees, Landscaped

Schools

Elementary Schools Mayes

Middle Schools Henry Scott

High Schools Denison

School District Denison Isd

Others

Restrictions None

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21261263

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Amber Jean • Keller Williams Prosper Celina

NEARBY SCHOOL & BUSINESS

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Austin McFarland

+1(903) 705-3341

Agent | License ID: 765766

Agent License ID: 765766

3220 Randell lake Rd Road Denison, TX 75020

Austin McFarland

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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