0 Macarthur Dr Denison, TX 75020
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.