56 85.5 Ac Hwy Southmayd, TX 76268
- Land
- 85.55 lot acres
Current Use by Public Records
- Land
Property Details for 56 85.5 Ac Hwy
- Lot size
- 85.55 lot acres
- Property type
- Land
Description
This exceptional 85.55-acre property in Southmayd, Texas, presents a unique investment opportunity. Located in Grayson County, with a convenient address on Highway 56, this AG-zoned land offers significant potential for various uses. Its strategic location boasts approximately 3 miles of proximity to Preston Road, providing easy access to nearby amenities and infrastructure. The substantial acreage is well-suited for cattle ranching, capitalizing on its ample space and desirable location. The property benefits from excellent highway frontage on Highway 56, enhancing visibility and accessibility. Its proximity to Sherman and Preston Road, coupled with its closeness to Highway 377, further underscores its strategic position. The potential development of a nearby toll road, approximately 7 miles west of the Central Expressway, adds to the long-term growth prospects of this land. This expansive tract presents a compelling opportunity for investors seeking a versatile property with strong development potential and excellent access to major transportation routes. The existing zoning allows for agricultural use, but the property's location and size could support a variety of future development scenarios. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Texas.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southmayd
- County
- Grayson
- State
- Texas
- Longitude
- -96.7671
- Latitude
- 33.6248
