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    Macarthur Dr Denison, TX 75020

    For Sale
    $1,120,000

    Prime Denison farmland, exceptional investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This ±28.35-acre agricultural property in Denison, Texas, presents a unique investment opportunity. Located within city limits and zoned AG, this land offers significant potential for development. The asking price is $1,120,000, translating to $40,000 per acre. The property boasts convenient access to major thoroughfares, including Highway 289 and Highway 75, enhancing its accessibility and desirability. Its strategic location borders the North Texas Regional Airport, providing excellent connectivity to transportation and commercial opportunities. Furthermore, the land is situated approximately 13 miles south of Lake Texoma and roughly 50 miles from the rapidly growing city of Frisco. The property is served by Sherman ISD and enjoys proximity to the future Grayson Tollway. The APN is 115349. This parcel is situated at the rear of a residential development, offering a unique blend of rural tranquility with urban convenience. This combination of factors makes this ±28-acre tract an attractive investment for those seeking land with high development potential in a rapidly growing area of North Texas. The property is located on MacArthur Dr, Denison, TX 75020, within Grayson County.

    Property Features for 0 Macarthur Dr

    General Information

    Property type
    Farms
    Lot Size
    1,234,926 SF

    HighLights

    • $40,000 per acre
    • Located within Denison city limits
    • Served by Sherman ISD
    • Excellent access to the future Grayson Tollway
    • Adjacent to North Texas Regional Airport
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.656632
    Latitude
    33.71442

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    FAQs

    What type of property is this?
    Farm - Prime Denison farmland, exceptional investment.
    Where is this farm located?
    The property is located at Macarthur Dr Denison, TX.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: $40,000 per acre; Located within Denison city limits; Served by Sherman ISD
    Request Owner's contact information
    Macarthur Dr 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
    Macarthur Dr Denison, TX 75020
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