3281 S Eisenhower Pkwy, Denison, TX 75020

$1,130,000

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List Price
$1,130,000
Price Change
▼ $20,000 1782243140
MLS#
21135371
Status
ACTIVE
Type
Land
Subtype
Land
Acres
2.97
County
Grayson
City
Denison
Subdivision
Hewitts Sub

Property Description

Outstanding investment opportunity in the growing Denison market. This prime, heavily treed corner lot is ideally located just off Spur 503 with convenient highway access, offering excellent visibility and accessibility for a wide range of residential development strategies. The property is zoned residential, allowing investors the flexibility to pursue alternative concepts beyond the currently approved plan. The site comes with City-approved plans for a 27-unit townhome development, providing a true shovel-ready opportunity for builders or investors looking to fast-track construction while avoiding lengthy entitlement processes. For those with a different vision, the residential zoning allows the land to be reimagined for custom homes, smaller multifamily concepts, or other residential investment ideas, subject to city requirements. The mature trees and corner positioning add natural character and long-term value, enhancing curb appeal and marketability regardless of the development path chosen. Located in a high-growth corridor with strong demand for housing, this property offers both immediate development potential and long-term upside. A rare chance to acquire a well-located, flexible residential development site with approvals in place, ideal for investors seeking options, speed, and strong future returns.

Additional Information

Unexempt Taxes
$3,237
Lot Size
129,286
Acres
2.97
Lot Description
Corner Lot, Level, Trees, City Lot
School District
Denison Isd
Elementary School
Hyde Park
Middle School
Henry Scott, Mcdaniel
High School
Denison
Possession
CloseOfEscrow
Proposed Use
Development, Multi-Family, Residential, Single Family, Development, Unimproved, Vacant
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Michael Hershenberg from Real Broker, LLC. Contact: 817-657-2470