2550 E FM 120, DENISON, TX 75021

Homes for sale in Denison.

Homes for sale in 75021.


2550 E Fm 120

Denison, TX 75021

Active

List Price$2,350,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21259317

96.27

Acres

Lots / Land

Type

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

Real Estate IDX Powered by iHomefinder