5016 Fm 121 Van Alstyne, TX 75495

Offering 2.63 acres of unimproved land in an established, deed-restricted community, this hillside homesite is positioned to capture elevated views. The property features mature cedars and oaks, creating a natural setting with seasonal color. Water and electric service are described as accessible to the lot, and materials for a house pad are available on site, supporting early site work for a custom build.

The land is located on the east side of the larger property, within Van Alstyne ISD and identified as part of Autumn Hills Estates. The listing notes a “No HOA Dues” structure and deed restrictions intended to help protect property values. For buyers looking at long-term residential development, the area is also described as a short drive to major microchip manufacturing employers in Sherman, including Texas Instruments, Finisar Corporation, and Global Wafer Technology Inc.

This site is best suited for a buyer who wants a custom home opportunity on a larger, tree-lined parcel with hillside character. With utilities reportedly accessible and pad materials available, it can be a practical starting point for an operator or homeowner ready to plan a build while benefiting from the community’s deed restrictions and lack of HOA dues.