Commercial Land with Dual
For Sale
$1,599,999
Grayson Drive, Denison, TX 75020
Land, Denison, TX
Property SizeContact for details
Lot Size25.00 Acres
Days on Market126
Property Features for Grayson Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential Single Family 7.5 (7, 500 sq ft.)
Vegetation
Wooded
Subdivision
Shelp; Shannon
Lot features
Acreage, Many Trees, City Lot
Middle school
Henry Scott
High school
Denison
Elementary school district
Denison ISD
Middle school district
Denison ISD
High school district
Denison ISD
Directions
See GPS. Gate is located off of FM 691.
Standard status
Active
APN
115958
Lot size
25.00 Acres
Taxes and HOA fees
Tax Description
See Legal Description
Tax Annual Amount
6
Legal Description
See Legal Description
Utilities
Water source
Public
Listing Agency:
Butch Fife, REALTORS
(903) 891-3066
Listed By:
Greg Fife · License #0739890
(903) 891-3066
Added: Apr 29
Changed: Aug 26
Last Checked: Sep 1 at 6:06PM
MLS# 21104922
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.
This commercial land tract encompasses approximately 25 acres within Denison city limits. The property offers frontage along both FM 691 and Theresa Drive, multiple access points, and access to city water and sewer. Development concepts identified for the site include medical or office, retail, hospitality, and mixed-use uses, subject to city approvals.
FM 691 connects US-75 with Texoma Parkway and serves the Sherman-Denison trade area. The property is positioned near Texoma Medical Center, which has approximately 414 beds and has treated about 88,000 patients, as well as medical offices and services near the US-75 and FM 691 intersection. Hilton Garden Inn and Texoma Event Center are also located at that intersection.
FM 691 connects US-75 with Texoma Parkway and serves the Sherman-Denison trade area. The property is positioned near Texoma Medical Center, which has approximately 414 beds and has treated about 88,000 patients, as well as medical offices and services near the US-75 and FM 691 intersection. Hilton Garden Inn and Texoma Event Center are also located at that intersection.
Key Highlights
- Approximately 25 acres of commercial land within Denison city limits
- Frontage on both FM 691 and Theresa Drive
- Access to city water and sewer
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - A sizable tract inside Denison city limits with city water and sewer access.
Where is this commercial land located?
The property is located at Grayson Drive Denison, TX.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Approximately 25 acres of commercial land within Denison city limits; Frontage on both FM 691 and Theresa Drive; Access to city water and sewer
