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    Tbd Fm-697 Whitewright, TX 75491

    For Sale
    $7,332,660

    Ranch - Whitewright, TX

    Type:Ranch
    Lot size:
    244.42 Acres
    Days on Market:
    189
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for Tbd Fm-697

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    126965
    Lot size
    244.42 Acres

    Building Details

    Architectural style
    Ranch

    Resident Realty, LTD (512) 899-8309 [email protected]

    Listing agent Lea Ochs (214) 620-8933 License #0630837

    Listing date Jun 5, 2025

    MLS# 20955581 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

    244+ Acres in Grayson County

    This 244+ acre property in Grayson County offers open pasture, mature hardwoods, and access and frontage from three roads (FM-697, One Mile Lane, and Whitworth). The land includes three stocked ponds suitable for livestock or fishing. A large barn is present, ready for equipment, hay storage, or livestock shelter. Water and electricity are already on site. The property features gently rolling pastures ideal for grazing or hay production, as well as secluded wooded areas that offer privacy, wildlife habitat, or trail opportunities. Currently used for farming and ranching with an ag exemption in place, this acreage offers possibilities for a working ranch, a weekend retreat, or a long-term investment. The property is located 65 miles from Dallas, 30 miles to McKinney, and 20 miles to Sherman. There is a current cattle lease in place, with cattle on site.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Whitewright
    County
    Grayson
    State
    Texas
    Longitude
    -96.42371132
    Latitude
    33.54595717

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    FAQs

    What type of property is this?
    Ranch - 244+ acre ranch property with pasture, hardwoods, and ponds.
    Where is this ranch located?
    The property is located at Tbd Fm-697 Whitewright, TX.
    What is the asking price?
    The asking price for this property is $7,332,660.
    What are key features of this property?
    This property features: - Large acreage: 244+ acres of land suitable for ranching, farming, or building a dream home.; - Convenient location: Close proximity to major cities (65 miles from Dallas, 30 miles from McKinney, 20 miles from Sherman) while offering a countryside setting.; - Existing utilities: Water and electricity are already available on the property, simplifying development.
    (214) 620-8933
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    Whitewright, TX 75491
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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

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    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
    Tbd Fm-697 Whitewright, TX 75491
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