Current Use by Public Records
- Land
Property Details for 318 Cold Springs Rd
- Lot size
- 74.40 lot acres
- Property type
- Land
Description
This exceptional 74.4-acre commercial land parcel in Van Alstyne, Texas, presents a unique investment opportunity. Located in Grayson County, with APN 136081, the property boasts a picturesque setting, featuring rolling hills and a 13-acre spring-fed lake stocked with fish. Two spring-fed creeks further enhance the natural beauty of this remarkable estate. A substantial 5,000 square-foot barn, complete with air conditioning, electricity, and plumbing, adds significant value and potential for various uses. The barn's hilltop location offers breathtaking 360-degree views. Multiple potential building sites overlook the lake, providing exceptional privacy and stunning vistas. The land is fully fenced, ensuring security and seclusion. Native grasses cover the acreage, contributing to its ecological value and natural charm. Conveniently located with quick access to Van Alstyne and US Highway 75, this property offers a rare blend of rural tranquility and easy accessibility. The asking price is $4,750,000, translating to $63,844.09 per acre. This once-in-a-lifetime opportunity is ideal for those seeking a private estate or a unique commercial development project. The property is zoned for land use. The land encompasses 3,240,864 square feet. Lease information is available upon request, with a rent commencement date of June 28, 2024, and lease expiration on February 18, 2025.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Van Alstyne
- County
- Grayson
- State
- Texas
- Longitude
- -96.5405
- Latitude
- 33.4023
