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    2550 E Fm 120 Denison, TX 75021

    For Sale
    $2,400,000

    Farm/Ranch - Denison, TX

    Type:Farm
    Property size:
    1,330 SF
    Lot size:
    96.27 Acres
    Days on Market:
    269
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 2550 E Fm 120

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    112508
    Parking features
    Driveway
    Appliances
    Dryer, Refrigerator
    Size
    1,330 SF
    Lot size
    96.27 Acres

    Building Details

    Year built
    1945
    Floors in Building
    1
    Architectural style
    Ranch

    Douglas Hayward Smith (972) 979-8413

    Listing agent Tre Allen (972) 979-8413 License #0766401

    Listing date Mar 12, 2025

    MLS# 20847060 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

    96-Acre Farmhouse with Bunkhouse

    This 96-acre property, located just outside city limits, features a 2-bedroom farmhouse with a spacious laundry room that could be converted into a third bedroom. The farmhouse includes a washer, dryer, and refrigerator. Additionally, there is an open-plan bunkhouse with one bedroom and two bathrooms, as well as an attached carport. The property includes a pond, views, and a horse track. The property is suitable for residential and recreational uses. The property size is 1330 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Auto Repair Shop Kitchen & Bath Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.473682
    Latitude
    33.752504

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    FAQs

    What type of property is this?
    Horse & equestrian property - Expansive property with farmhouse, bunkhouse, pond, and horse track.
    Where is this horse & equestrian property located?
    The property is located at 2550 E Fm 120 Denison, TX.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Expansive 96-acre property outside city limits.; - Charming 2-bedroom farmhouse with potential for a 3rd bedroom.; - Versatile open-plan bunkhouse with 1 bedroom and 2 bathrooms.
    (972) 979-8413
    Request Owner's contact information
    2550 E Fm 120 Denison, TX 75021
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    Denison, TX 75021
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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
    2550 E Fm 120 Denison, TX 75021
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