Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2003
Lot size
62.48 acres
Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient connectivity between US Highway 75 and Preston Road (SH 289), placing the property in the middle of continued North Texas growth and development. Offered at $2,500,000, approximately $40,013 per acre or $0.92 per square foot, the property is competitively priced to account for a north-south transmission corridor that bifurcates the acreage. This creates an opportunity for investors, developers and users whose plans may be able to incorporate or work around the existing utility infrastructure and easement. The property is currently utilized for hay production with water and electricity available. Potential uses to investigate may include residential or commercial development, solar or renewable energy, RV park, utility or infrastructure-related uses, outdoor storage, agricultural use, or long-term land investment. With significant development already occurring throughout Van Alstyne and the surrounding North Texas corridor, this property offers substantial acreage in a location positioned for continued growth. Buyer and buyer's agent to independently verify all information, including acreage, utilities, zoning, restrictions, easements, access, development potential and feasibility of any proposed use.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Agricultural, Cleared, Few Trees, Many Trees
-
Lot Size(acres)
62.48
-
Lot Size(square feet)
2,721,628
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$2,500,000
-
Tax Amount
$8,892
-
Financing Options
Cash, Conventional
-
Zoning
Current Ag
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
John and Nelda Partin
-
Middle School
Van Alstyne
-
High School
Van Alstyne
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Location
County
Grayson
Elementary School
John and Nelda Partin
Middle School
Van Alstyne
High School
Van Alstyne
Listing Courtesy of Joshua McCraw, Coldwell Banker Realty Frisco
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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