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$ 5,626,880
Est. payment | /mo
200.96 Acres Lot
$ 5,626,880
Est. payment | /mo
200.96 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Kitchen Patsy & Haining Rachel
MLS Listing ID 21234351
Annual Tax Amount $425
Lot Size 200.960 Acres
Acres 200.96
Property Sub-Type Unimproved Land
Property Description
Positioned in the direct path of growth in Grayson County, this ±200-acre tract offers a rare opportunity for investors, developers, or 1031 exchange buyers looking to secure a strategic long-term hold. Currently ag exempt and leased for agricultural production ensures the property is well maintained for ag use while keeping holding costs low. Ideally located just south of Hwy 82 and east of Hwy 377, and west of Hwy 289, this property sits only a few miles from the proposed Dallas North Tollway expansion—one of the most anticipated infrastructure projects set to reshape the Texoma region. With approximately 3200' of road frontage on both Macomb Cemetery Road and Davis Rd, access and future development flexibility are already in place. Utilities are within reach with Two Way Water SUD servicing the area, including a 6” water line just north of Shook Rd (buyers to verify capacity and availability for intended use). The land is unzoned with no known restrictions , opening the door for a wide range of future possibilities—from continued agricultural use to potential residential, commercial, or mixed-use development. Grayson County continues to see explosive growth driven by major employers like Texas Instruments and GlobalWafers, along with continued expansion from the DFW Metroplex. This location offers the perfect balance of rural privacy with proximity to Sherman, Denison, and the broader DFW area for dining, entertainment, and business. Recreational opportunities are also nearby, with Lake Texoma and Lake Ray Roberts both within easy reach—adding even more long-term appeal for future development or resale. Whether you're looking to land bank, develop, or secure a legacy asset in a high-growth corridor, this property checks all the boxes.
Location
State TX
County Grayson
Zoning Un-zoned
Direction From Hwy 56, Take OHalnlon Rd South, Turn West onto Davis Rd. Sign at property.
Exterior
Utilities Available Co-op Electric, Co-op Water
Garage No
Building
Lot Description Acreage
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21234351
©2026 North Texas Real Estate Information Systems.
Listed by Cory Meals • eXp Realty LLC
Nearby Locations
2626 Cole Avenue Ste 300, Dallas, TX, 75204, United States