Description
Positioned in a high-growth corridor of Texoma, this 19.16-acre tract in Denison offers a compelling opportunity for land investors, developers, farmers, ranchers, and 1031 exchange buyers. Located adjacent to North Texas Regional Airport, the property combines current income potential, agricultural use, and long-term commercial or industrial development upside. The fully fenced acreage is currently utilized for cattle grazing and features a pond, providing functional pasture for livestock and continued agricultural use. The owner is currently in year 4 of the 5-year process toward establishing an agricultural exemption through cattle grazing, offering a potential path to lower property taxes and reduced long-term holding costs. Two metal storage buildings are currently leased, creating immediate rental income and helping offset carrying costs for a buy-and-hold or land-banking investor. With existing agricultural use, fencing, water, and income-producing improvements, the property can remain productive while future development opportunities are evaluated. Its location near North Texas Regional Airport places the acreage in the path of continued growth and expanding commercial, industrial, aviation, and infrastructure investment throughout the Sherman-Denison market. Whether you're searching for investment land, cattle acreage, income-producing property, a 1031 exchange opportunity, future development land, or a strategic land-banking acquisition, this tract provides multiple uses today with significant long-term potential.
Details
| MLS # | 21372841 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 62 |
| Listing Provided By | eXp Realty LLC | Cory Meals |
Features
| Zoning | Residential |
|---|---|
| Acreage | 19.16 |
Exterior
| Lot Features | Acreage |
|---|
Utilities
| Utilities | All Weather Road, Well |
|---|
Taxes
| Unexempt Taxes | 6276 |
|---|---|
| Tax Legal Description | G-1546 ROBERTS W L A-G1546, ACRES 19.18 |
Area Information
| State | TX |
|---|---|
| County | Grayson |
| City | Denison |
| Zip Code | 75020 |
| Area | Grayson |
| Community Name | ROBERTS |
| School District | Pottsboro ISD |
| Elementary School | Pottsboro |
| High School | Pottsboro |
| Listing VS Median (in ROBERTS) | |
Price: $550,000 low | high Med: $0 On site: 62 low | high Med: | |
Market Activity 75020
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Grayson |
| City | Denison |
| Zip Code | 75020 |
| Area | Grayson |
| Community Name | ROBERTS |
| School District | Pottsboro ISD |
| Elementary School | Pottsboro |
| High School | Pottsboro |
| Listing VS Median (in ROBERTS) | |
Price: $550,000 low | high Med: $0 On site: 62 low | high Med: | |
