704 Grand Ave Whitewright, TX 75491
This exceptional 25.12-acre property in Whitewright, Texas (Grayson County, zip code 75491), presents a unique investment opportunity. Currently zoned Agricultural A, this land boasts no deed restrictions or easements, simplifying the acquisition process. Located at 704 E Grand Ave, the property is strategically situated amidst thriving residential areas and multi-family developments, suggesting significant potential for future development. Comprehensive city ordinances and surveys are available for review. The Whitewright city government is receptive to replat requests, specific use permits, and zoning adjustments, streamlining the approval process for innovative projects. Access to essential city utilities further enhances the property's appeal for diverse commercial ventures. This versatile land offers a compelling chance to capitalize on the area's growth trajectory and unlock substantial development opportunities. The asking price is $1,250,000, and the property is offered with 100% ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.