7074 Fm 901 Whitesboro, TX 76273
This exceptional 40.777-acre property in Whitesboro, Texas, presents a remarkable investment opportunity. Located at 7074 FM 901 in Grayson County, zip code 76273, this land offers diverse development potential. Its strategic location places it minutes from Sherman's burgeoning tech sector and the future North Dallas Toll Road expansion. Bloomberg News projects significant residential growth in this area, making this land ideally suited for various projects. The possibilities include mixed-use developments, multifamily housing, commercial ventures, or even an RV park. The property's agricultural potential is also noteworthy, currently producing approximately 85 round bales of hay per cutting, and featuring a creek. A one-acre corner parcel is equipped with power, water, and three RV hookups, adding further versatility. The seller is motivated and open to subdividing the land. Owner financing is available at a very favorable rate with low interest and interest-only payments. This is a rare chance to acquire a large tract of land in a high-growth area with multiple development options. Outside the extraterritorial jurisdiction (ETJ), this property offers flexibility and freedom from certain city regulations. The property is suitable for cattle or horse facilities.
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.
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.