TBD RANDELL LAKE ROAD, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
List Price$1,200,000
TBD Randell lake Road
Denison, TX 75020
Listing #21261263
About This Property
Prime 8.8acre development opportunity in Denison's fastest-growing corridor along US Highway 75. This development-ready site offers city water, sewer, and electric already on site, along with valuable agricultural zoning and a current ag exemption that keeps taxes low during the planning phase. Included is a spacious 3,150 sq ft, 3bed 3bath home built in 2007, which serves as an ideal office, sales center, event venue, or temporary housing while development plans move forward. Just 13 minutes from the 7 billion Preston Harbor master planned development and the upcoming Margaritaville Resort groundbreaking targeted for 2027, the property sits in the direct path of progress. Adjacent self-storage and retail projects are already breaking ground, new single-family communities are rising nearby, and additional mixed-use projects along US 75 featuring restaurants, housing, and retail are adding significant traffic and demand. This versatile tract presents an outstanding opportunity for commercial retail, mixed-use development, hospitality, self-storage, or residential projects. Priced at a motivated $1,200,000 with owner financing available, this represents exceptional value at approximately $136,500 per acre in one of North Texas' strongest emerging markets.
Property Features
Location Information
County
Grayson
Subdivision
JACKSON M V A
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Sewer Available, Water Available
Current Use
Agricultural, Ranch, Residential, Single Family
Lot Description
Acreage, Landscaped, Few Trees
Zoning
Ag
Lot Size in Acres
8.79
Is One Story
No
Lot Size in Sq. Ft.
382,892
Lot Description
Acreage, Landscaped, Few Trees
School
Elementary School District
Denison ISD
Jr. High School
Henry Scott, Mcdaniel
Elementary School
Mayes
High School
Denison
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Improved Land
Tax Annual Amount
2.0
Status
Active
Similar Listings
Mortgage Calculator
$5,604
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,324
Monthly Tax
$1,000
Monthly Insurance
$280
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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