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Development Land with Road Frontage
For Sale
$729,194

2640 Loy Lake Road, Denison, TX 75020

Land, Denison, TX

Property SizeContact for details
Lot Size5.59 Acres
Days on Market137

Property Features for 2640 Loy Lake Road

General Information

Property type Land
Property subtype Other
Zoning description SF7.5
Subdivision ELEY HYDE PARK ADDN RPLT
Lot features Acreage, Cleared, Few Trees, City Lot
Elementary school Hyde Park
Middle school Henry Scott
High school Denison
Elementary school district Denison ISD
Middle school district Denison ISD
High school district Denison ISD
Directions From Hwy75 exit Loy Lake rd. Drive East on Loy Lake approximately 2 miles. Property is on the NW side of roundabout.
Standard status Active
APN 439376
Lot size 5.59 Acres

Taxes and HOA fees

Tax Description ELEY HYDE PARK ADDN RPLT PT LT 3 BLK 1, LOT 3
Tax Annual Amount 6771
Legal Description ELEY HYDE PARK ADDN RPLT PT LT 3 BLK 1, LOT 3

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Bertholf Commercial Real Estate
Listed By: Evan Ramsey · License #845775-SA
Added: Apr 29 Changed: Aug 26 Last Checked: Sep 12 at 10:06AM
MLS# 21250292

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Rare opportunity to acquire a 5.589-acre development tract in the expanding Loy Lake Road corridor of Denison. The property includes over 900 feet of frontage along Loy Lake Road and is currently zoned residential, offering a strong foundation for future development planning.

The site is located less than 2 miles from U.S. Route 75 and benefits from proximity to the Sherman-Denison market, with approximately 70,000+ vehicles per day passing through the area. This access, combined with convenient reach to retail and residential expansion, supports a development strategy that aligns with ongoing growth in the corridor.

Given its size, frontage, and current zoning, the tract may appeal to developers evaluating multifamily or mixed-use concepts, particularly those looking to take advantage of potential rezoning opportunities tied to continued area growth. Convenient positioning near major transportation routes can also support broader site flexibility for an operator or buyer seeking a long-term development hold.

Key Highlights

  • 5.589‑acre development tract with over 900 ft of frontage on Loy Lake Road in the Denison Loy Lake Road corridor
  • Less than 2 miles from U.S. Route 75 in the Sherman‑Denison market
  • Traffic count cited as ~70,000+ vehicles per day on U.S. Route 75 (Sherman‑Denison market)

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Restaurant Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 75020, TX

23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A rezoning-ready residentially zoned development tract with extensive road frontage near major routes for multifamily or mixed-use.
Where is this residential land & home lot located?
The property is located at 2640 Loy Lake Road Denison, TX.
What is the asking price?
The asking price for this property is $729,194.
What are key features of this property?
This property features: 5.589‑acre development tract with over 900 ft of frontage on Loy Lake Road in the Denison Loy Lake Road corridor; Less than 2 miles from U.S. Route 75 in the Sherman‑Denison market; Traffic count cited as ~70,000+ vehicles per day on U.S. Route 75 (Sherman‑Denison market)
More about this property
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