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Property profile & analytics
OFF-MARKET
Land

0 Macarthur Dr Denison, TX 75020

28.35 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 28.35 ac (1,234,926 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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