TBD 195.55 Acres State Hwy 56 new

Southmayd,TX 76268

$ 5200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Craft

MLS Listing ID 21112124

HOA Y/N None

Lot Size 195.550 Acres

Acres 195.55

Property Sub-Type Unimproved Land

Property Description

Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area's growth. The future tollway path nearby will only add to the land's value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.

Location

State TX

County Grayson

Zoning Unzoned

Direction From North Heritage Parkway- FM 1417 take Hwy 56 West for 6.5 miles to Gibbons Rd. Turn right (North) onto Gibbons Rd and follow 1.8 miles to property. Property is on the left (South side). Gibbons road turns into Deaver Rd as it curves West.

Exterior

Fence Barbed Wire,Partial

Utilities Available All Weather Road

Garage No

Building

Lot Description Acreage,Agricultural,Many Trees

Schools

Elementary Schools S And S

Middle Schools S And S

High Schools S And S

School District S And S Cons Isd

Others

Restrictions No Known Restriction(s)

Ownership See Tax

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition Flood Plain,Owner/ Agent,Pipeline,Survey Available,Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21112124

View More
Favorite Go Tour