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    Heironimus Ln Denison, TX 75020

    For Sale
    $6,370,000

    Texas agricultural land, exceptional location, $35k/acre.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This ±182-acre agricultural property in Grayson County, Texas, presents a unique investment opportunity. Located at the end of Heironimus Lane in Denison, TX, zip code 75020, this land boasts convenient access to major transportation routes. Its strategic position near Highway 289 and Highway 75, coupled with proximity to the North Texas Regional Airport and FM 1417, ensures excellent connectivity and accessibility for various commercial ventures. The property is zoned AG and is priced at $35,000 per acre, totaling $6,370,000. Situated approximately 13 miles from Lake Texoma and roughly 50 miles from the rapidly growing city of Frisco, this land offers a blend of rural tranquility and strategic proximity to thriving urban centers. The expansive acreage provides ample space for a variety of agricultural uses or future development potential, making it an attractive investment in the North Texas market. This is a rare opportunity to acquire a substantial land holding in a desirable location with excellent access to transportation networks. The property's location at the end of Heironimus Lane offers a degree of seclusion while maintaining convenient access to key infrastructure.

    Property Features for 0 Heironimus Ln

    General Information

    Property type
    Farms
    Lot Size
    7,927,920 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.638981
    Latitude
    33.729851

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    FAQs

    What type of property is this?
    Farm - Texas agricultural land, exceptional location, $35k/acre.
    Where is this farm located?
    The property is located at Heironimus Ln Denison, TX.
    What is the asking price?
    The asking price for this property is $6,370,000.
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    Heironimus Ln Denison, TX 75020
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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
    Heironimus Ln Denison, TX 75020
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