0 Old Sanborn Rnch Rd Whitesboro, TX 76273
This exceptional 10-acre property presents a unique investment opportunity in rapidly developing Grayson County, Texas. Located just 2.5 miles from the proposed Grayson County Tollway extension of the Dallas North Tollway, this unzoned land offers unparalleled flexibility for diverse development. Enjoy convenient access to major transportation arteries, including a 10-minute drive to TX-289 and a 20-minute commute to Texas Instruments and other significant employers. The property boasts readily available electricity and water service (water service will be extended to the property post-closing by the current owner), simplifying immediate development plans. Currently benefiting from a tax exemption, this land offers significant cost savings. Free from ETJ restrictions and zoning requirements, this parcel provides exceptional freedom for residential, commercial, or agricultural ventures. Situated on State Highway 56, the property enjoys excellent frontage and accessibility. Please note that lot lines are estimates, and the lot will be subdivided from a larger parcel before closing. This listing specifically refers to Lot 1; the seller also offers similar 10-acre lots (Lots 3 and 5). The APN is 123695. The asking price is $555,000. Located at Old Sanborn Ranch Rd, Lot 1, Whitesboro, TX 76273.
Cap rate
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Property description
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