Land with Highway
For Sale
$895,000
HWY 259 & SEGO LILY RD, New Diana, TX 75640
LAND - New Diana, TX
Property SizeContact for details
Lot Size177.91 Acres
Days on Market49
Property Features for HWY 259 & SEGO LILY RD
General Information
Property type
Land
Property subtype
Other
Fencing
Fenced
Lot features
Creek, Partially Wooded
Elementary school district
NEW DIANA
Middle school district
NEW DIANA
High school district
NEW DIANA
Directions
NORTH ON HWY 259 THRU DIANA, ON RIGHT BEFORE FM 726, ALSO FRONTAGE ON SEGO LILY
Subdivision
NEW DIANA ISD
Standard status
Active
Lot size
177.91 Acres
Listing Agency:
TX Farms & Ranches/Park Village
(903) 663-5000
Listed By:
Mark Coleman · License #387775
(903) 738-9420
Added: Jul 6
Changed: Jul 8
Last Checked: Aug 23 at 12:06PM
MLS# 20264842
Copyright © 2026 Longview Area Association of Realtors. 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 offering is a large commercial land tract totaling 177.91 acres, featuring a mix of cleared areas and wooded portions with a creek running through the property. The land includes multiple areas of frontage to support varied site planning and access points.
The property is located along Hwy 259 with additional frontage on SeGo Lily Rd. The rear of the property also has frontage that provides for access off Hwy 154 on SeGo Lily Rd. The listing notes award-winning Diana schools, which may be relevant to residential development considerations.
For buyers and developers, the combination of highway frontage and interior access points can support a mixed-use concept that balances commercially oriented frontage with areas suited for residential space. The presence of both cleared ground and wooded sections, along with the creek, may help shape a development layout that works around natural features rather than treating the site as uniform acreage.
The property is located along Hwy 259 with additional frontage on SeGo Lily Rd. The rear of the property also has frontage that provides for access off Hwy 154 on SeGo Lily Rd. The listing notes award-winning Diana schools, which may be relevant to residential development considerations.
For buyers and developers, the combination of highway frontage and interior access points can support a mixed-use concept that balances commercially oriented frontage with areas suited for residential space. The presence of both cleared ground and wooded sections, along with the creek, may help shape a development layout that works around natural features rather than treating the site as uniform acreage.
Key Highlights
- Nearly 180 acres with frontage on Hwy 259 and frontage on Sego Lily
- 3 separate areas of frontage on Hwy 259
- Additional access/frontage off Hwy 154 via Sego Lily
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 75640, TX
5,438
Population
2,343
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
86.9 sq mi
ZIP Area
63
Density / Sq Mi
$79,353
Median Household Income
$42,396
Median Earnings
$1,167
Median Rent
$263,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Large tract with multiple frontages, cleared areas, and a creek running through for mixed-use planning.
Where is this commercial land located?
The property is located at HWY 259 & SEGO LILY RD New Diana, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Nearly 180 acres with frontage on Hwy 259 and frontage on Sego Lily; 3 separate areas of frontage on Hwy 259; Additional access/frontage off Hwy 154 via Sego Lily
