0 Texoma Terrace Rd Denison, TX 75020
This exceptional 0.6-acre commercial lot in Denison, Texas, presents a unique investment opportunity. Located on Texoma Terrace Road, Grayson County, zip code 75020 (APN 105449), this property offers breathtaking water views of Lake Texoma, perfect for a custom home with second or third-story views. Priced at $235,000 ($8.99/sq ft), the land is zoned for residential use, allowing for diverse development possibilities. Enjoy the freedom of no deed restrictions or HOA, enabling RV or boat parking directly on the lot. Nearby amenities include Eisenhower Yacht Club (0.5 miles) and Grandpappy Point Marina (6.8 miles). Explore nearby attractions like Denison Dam, known for fossil hunting, or Eisenhower State Park, offering hiking, biking, and horseback riding trails. The Thompson Heights neighborhood, historically known as "Pill Hill," boasts a prestigious location overlooking a beautiful cove, with high-end homes nearby. This property offers an unparalleled opportunity to build your dream home or develop a unique commercial venture in a desirable lakeside setting.
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
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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.