5367 FM-121, VAN ALSTYNE, TX 75495
Homes for sale in Van Alstyne.
Homes for sale in 75495.
List Price$400,000
5367 FM-121
Van Alstyne, TX 75495
Listing #21332949
About This Property
Rare opportunity on highly desirable FM 121 in Van Alstyne ISD! Situated on approximately 2.9 acres with excellent road frontage and visibility, this versatile property offers endless possibilities for residential, commercial, or investment use. The standout feature is the massive shop, providing abundant space for a business, workshop, storage, equipment, hobbies, or future conversion. Whether you're looking for a place to operate your business, build your dream home, or create a live-work property, this acreage offers the flexibility to make it happen. Conveniently located just minutes from US-75 with easy access to Van Alstyne, McKinney, Sherman, and the rapidly growing North Texas corridor. Properties with this combination of acreage, location, visibility, and a substantial shop are increasingly hard to find. Don't miss this exceptional opportunity!
Property Features
Location Information
County
Grayson
Subdivision
Magnolia Farms
Interior Features
Has Fireplace
No
Exterior Features
Lot Description
Acreage, Cleared, Many Trees, Few Trees
Zoning
residential
Lot Size in Acres
2.947
Road Description
Farm to Market Road, Asphalt
Lot Size in Sq. Ft.
128,371
Is One Story
No
Current Use
Other
Lot Description
Acreage, Cleared, Many Trees, Few Trees
School
Elementary School District
Van Alstyne ISD
Jr. High School
Van Alstyne
Elementary School
Bob and Lola Sanford
High School
Van Alstyne
Additional Information
Property Type
LL
Status
Active
Property SubType
Improved Land
Has a Home Owners Association
No
Year Built
2024
Documents Available
Aerial
Similar Listings
Mortgage Calculator
$1,867
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,441
Monthly Tax
$333
Monthly Insurance
$93
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
Listing courtesy of
Kimberly Uselton, Keller Williams North Country
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NTREIS - North Texas data last updated at July 19, 2026, 9:24 AM CT
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