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    128 S Waco St Van Alstyne, TX 75495

    For Sale
    $1,450,000

    Unimproved Land - Van Alstyne, TX

    Type:Unimproved Land
    Lot size:
    1.20 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 128 S Waco St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    168276
    Lot size
    1.20 Acres

    Building Details

    Architectural style
    Other

    Benton-Luttrell Real Estate Co (903) 482-8400

    Listing agent William Benton (903) 482-8400 License #0254366

    Listing date Aug 26, 2025

    MLS# 21042503 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

    Prime Commercial Land in Van Alstyne

    This is a 1.2-acre commercial land parcel located in Van Alstyne, Texas. The property features three hard corners at the intersection of State Hwy 5 and Fm 121, Jefferson St and Dallas St, and Marshall and Hwy 5. Situated in downtown Van Alstyne, the property offers a full block of frontage on State Hwy 5, with additional frontage on Jefferson St and Marshall St. This commercial corner is ready for development and benefits from a signaled intersection. The City of Van Alstyne provides financial opportunities for approved developments, including retail or residential over retail projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Alstyne
    County
    Grayson
    State
    Texas
    Longitude
    -96.57736244
    Latitude
    33.42122483

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    FAQs

    What type of property is this?
    Commercial land - Corner lot in growing Van Alstyne, Texas, ready for development.
    Where is this commercial land located?
    The property is located at 128 S Waco St Van Alstyne, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime corner location at the intersection of State Hwy 5 and Fm 121.; - Located in downtown Van Alstyne, Texas.; - Full block of frontage on State Hwy 5.
    (903) 482-8400
    Request Owner's contact information
    128 S Waco St Van Alstyne, TX 75495
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    Van Alstyne, TX 75495
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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
    128 S Waco St Van Alstyne, TX 75495
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