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    24.95 Acres Mcfarlin Rd Collinsville, TX 76233

    For Sale
    $1,250,000

    Unimproved Land - Collinsville, TX

    Type:Unimproved Land
    Lot size:
    24.95 Acres
    Days on Market:
    191
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 24.95 Acres Mcfarlin Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    131103
    Lot size
    24.95 Acres

    Building Details

    Architectural style
    Other

    Talley and Company, LTD (254) 718-6791

    Listing agent Kelsey Whitesell (940) 310-6218 License #0724414

    Listing date Jun 2, 2025

    MLS# 20948474 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

    24.95 Acres Development Opportunity

    This 24.95-acre parcel in Collinsville, TX, presents an investment opportunity for developers and investors. It features 2,176 feet of road frontage. A preliminary plat has been approved with Grayson County, including 13 lots ranging from one to two acres. The property is located 2.5 miles from the future Dallas North Tollway, with access to Highway 377, Preston Road (Highway 289), and is a quarter of a mile from 902. The property is currently Ag Exempt. There are no pipelines or floodplains present on the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Collinsville
    County
    Grayson
    State
    Texas
    Longitude
    -96.83273186
    Latitude
    33.52862827

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    FAQs

    What type of property is this?
    Land - 24.95 acres near future Dallas North Tollway.
    Where is this land located?
    The property is located at 24.95 Acres Mcfarlin Rd Collinsville, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 2,176 feet of road frontage offers significant investment potential.; - Preliminary plat approved for 13 one to two acre lots.; - Ideally located 2.5 miles from the future Dallas North Tollway.
    (940) 310-6218
    Request Owner's contact information
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    Collinsville, TX 76233
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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
    24.95 Acres Mcfarlin Rd Collinsville, TX 76233
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