Tbd Randell Lake Rd, Denison, TX 75020

$1,200,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
MLS#
21261263
Status
ACTIVE
Type
Land
Subtype
Land
Acres
8.79
County
Grayson
City
Denison
Subdivision
JACKSON M V A

Property Description

Prime 8.8acre development opportunity in Denison’s fastest-growing corridor along US Highway 75. This development-ready site offers city water, sewer, and electric already on site, along with valuable agricultural zoning and a current ag exemption that keeps taxes low during the planning phase. Included is a spacious 3,150 sq ft, 3bed 3bath home built in 2007, which serves as an ideal office, sales center, event venue, or temporary housing while development plans move forward. Just 13 minutes from the 7 billion Preston Harbor master planned development and the upcoming Margaritaville Resort groundbreaking targeted for 2027, the property sits in the direct path of progress. Adjacent self-storage and retail projects are already breaking ground, new single-family communities are rising nearby, and additional mixed-use projects along US 75 featuring restaurants, housing, and retail are adding significant traffic and demand. This versatile tract presents an outstanding opportunity for commercial retail, mixed-use development, hospitality, self-storage, or residential projects. Priced at a motivated $1,200,000 with owner financing available, this represents exceptional value at approximately $136,500 per acre in one of North Texas’ strongest emerging markets.

Additional Information

Unexempt Taxes
$2
Lot Size
382,892
Acres
8.79
Lot Description
Landscaped, Few Trees
School District
Denison Isd
Elementary School
Mayes
Middle School
Henry Scott, Mcdaniel
High School
Denison
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Amber Jean from Keller Williams Prosper Celina. Contact: 972-382-8882