New ListingExceptional 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.
| MLS # | 21406192 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 5 |
| Listing Provided By | Coldwell Banker Realty Frisco | Joshua McCraw |
| Zoning | Current Ag |
|---|---|
| Acreage | 62.48 |
| Lot Features | Acreage, Agricultural, Cleared, Few Trees, Many Trees |
|---|
| Utilities | Co-op Electric, Co-op Water |
|---|
| Unexempt Taxes | 8892 |
|---|---|
| Tax Legal Description | G-0487 HEFFLEFINGER JAMES A-G0487, ACRES 65.4 |
| State | TX |
|---|---|
| County | Grayson |
| City | Van Alstyne |
| Zip Code | 75495 |
| Area | Grayson |
| Community Name | G 0487 HEFFLEFINGER JAMES A G0487 |
| School District | Van Alstyne ISD |
| Elementary School | John and Nelda Partin |
| High School | Van Alstyne |
| Listing VS Median (in G 0487 HEFFLEFINGER JAMES A G0487) | |
Price: $2,500,000 low | high Med: $0 On site: 5 low | high Med: | |
| State | TX |
|---|---|
| County | Grayson |
| City | Van Alstyne |
| Zip Code | 75495 |
| Area | Grayson |
| Community Name | G 0487 HEFFLEFINGER JAMES A G0487 |
| School District | Van Alstyne ISD |
| Elementary School | John and Nelda Partin |
| High School | Van Alstyne |
| Listing VS Median (in G 0487 HEFFLEFINGER JAMES A G0487) | |
Price: $2,500,000 low | high Med: $0 On site: 5 low | high Med: | |