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    000 Grayson Dr Denison, TX 75020

    For Sale
    $1,900,000

    Unimproved Land - Denison, TX

    Type:Unimproved Land
    Lot size:
    25.00 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 000 Grayson Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    115958
    Lot size
    25.00 Acres

    Building Details

    Architectural style
    Other

    BUTCH FIFE REALTORS (903) 891-3066

    Listing agent Greg Fife (903) 891-3066 License #0739890

    Listing date Nov 5, 2025

    MLS# 21104922 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denison Land with Development Potential

    This is a prime 25-acre tract of unimproved land situated along FM 691 within Denison city limits. The property benefits from city water and sewer access, along with dual frontage on both FM 691 and Theresa Dr. FM 691 serves as a key east-west corridor connecting US-75 and Texoma Parkway, effectively serving the Sherman–Denison trade area. The location is central to the region’s medical and hospitality growth, near Texoma Medical Center, which has approximately 414 beds and treats around 88,000 patients. The intersection of US-75 and FM 691 is seeing new medical offices and services. The Hilton Garden Inn and the Texoma Event Center at US-75 and FM 691 establish a regional destination for conferences and community events. The tract offers excellent visibility, utilities, and multiple access points, making it suitable for medical, office, retail, hospitality, or mixed-use development, subject to city approvals.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath HVAC Service Pawn Shop Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.57736193
    Latitude
    33.70298668

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    FAQs

    What type of property is this?
    Land - 25 acres in Denison, TX, ideal for various developments.
    Where is this land located?
    The property is located at 000 Grayson Dr Denison, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime ±25 acres inside Denison city limits with dual frontage on FM 691 and Theresa Dr.; - City water and sewer access available.; - Excellent visibility and multiple access points.
    (903) 891-3066
    Request Owner's contact information
    000 Grayson Dr Denison, TX 75020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Grayson Dr Denison, TX 75020
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