2550 E FM 120, DENISON, TX 75021
Homes for sale in Denison.
Homes for sale in 75021.
2550 E Fm 120
Denison, TX 75021
List Price$2,350,000
Listing #21259317
About This Property
Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation. The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens--supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability. The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production. Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use. With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character. Frequent whitetail deer make this property equally appealing for recreation or hunting. Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside. *Mineral rights to be verified by buyer; seller will convey all owned mineral rights.
Property Features
Location Information
County
Grayson
Subdivision
G-0079 BLAGG THOMAS A-G0079
Interior Features
Has Fireplace
No
Cooling
Window Unit(s)
Heating
Propane, Wall Furnace
Exterior Features
Utilities
Electricity Connected, Propane, Septic Available, Separate Meters, Water Available
Current Use
Agricultural, Horses, Hunting, Livestock, Pasture, Ranc
Fencing
Barbed Wire, Cross Fenced
Possible Best Use
Agricultural, Cattle, Horse
Other Structures
Outbuilding, Residence, Barn(s), Stable(s)
Zoning
res/ag
Is a Horse Property
Yes
Development Status
Zoned
Horse Amenities
Barn, Round Pen, Stock Pen(s)
Road Description
Farm to Market Road, All Weather Road, Asphalt
Lot Description
Acreage, Agricultural, Pond on Lot, Many Trees
Is One Story
No
Lot Size in Acres
96.27
Lot Description
Acreage, Agricultural, Pond on Lot, Many Trees
Lot Size in Sq. Ft.
4,193,521
School
Elementary School District
Denison ISD
Jr. High School
Henry Scott
Elementary School
Mayes
High School
Denison
Additional Information
Property Type
LL
Status
Active
Property SubType
Improved Land
Has a Home Owners Association
No
Year Built
1945
Lot Acres Source
Appraiser
Similar Listings
Mortgage Calculator
$10,974
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,468
Monthly Tax
$1,958
Monthly Insurance
$548
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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