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$777,777
Est. payment /mo
19.16 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Roberts
MLS Listing ID 21230125
Annual Tax Amount $6,276
Lot Size 19.161 Acres
Acres 19.161
Property Sub-Type Unimproved Land
Property Description
SIGNIFICANT PRICE CUT!! Positioned in a rapidly evolving corridor of Texoma, this 19.16-acre tract in Denison is adjacent to the North Texas Regional Airport, and offers a rare combination of current income, agricultural upside, and long-term development potential. This property is well-suited for a buy-and-hold investor or a strategic 1031 exchange, with groundwork already in place for future tax advantages. The current owner is in year 4 of 5 toward establishing ag exemption through cattle grazing, creating a clear path for reduced holding costs. Two metal structures on-site are currently leased for storage, providing immediate residual income while you plan for the future. The land is fully fenced and features a pond, making it functional today for livestock or continued agricultural use. However, the true upside lies in its proximity to one of North Texas' most promising regional infrastructure assets. Whether you're looking to land bank, generate income, or position yourself ahead of future commercial and industrial demand, this property offers flexibility today with significant upside tomorrow in one of North Texas' fastest-growing corridors. Seller is open to owner finance with 30%+ down and open to all reasonable offers. Water well on site.
Location
State TX
County Grayson
Zoning Residential
Direction From FM 691 and FM 1417, Take 691 West, Turn South onto SE Loop follow around.
Exterior
Utilities Available All Weather Road, Well
Garage No
Building
Lot Description Acreage
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21230125
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Listed by Cory Meals • eXp Realty LLC
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