656 Southeast Loop, Denison, TX 75020

$550,000

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List Price
$550,000
MLS#
21372841
Status
ACTIVE
Type
Commercial
Subtype
Land
Acres
19.16
County
Grayson
City
Denison
Subdivision
ROBERTS

Property Description

Positioned in a high-growth corridor of Texoma, this 19.16-acre tract in Denison offers a compelling opportunity for land investors, developers, farmers, ranchers, and 1031 exchange buyers. Located adjacent to North Texas Regional Airport, the property combines current income potential, agricultural use, and long-term commercial or industrial development upside. The fully fenced acreage is currently utilized for cattle grazing and features a pond, providing functional pasture for livestock and continued agricultural use. The owner is currently in year 4 of the 5-year process toward establishing an agricultural exemption through cattle grazing, offering a potential path to lower property taxes and reduced long-term holding costs. Two metal storage buildings are currently leased, creating immediate rental income and helping offset carrying costs for a buy-and-hold or land-banking investor. With existing agricultural use, fencing, water, and income-producing improvements, the property can remain productive while future development opportunities are evaluated. Its location near North Texas Regional Airport places the acreage in the path of continued growth and expanding commercial, industrial, aviation, and infrastructure investment throughout the Sherman-Denison market. Whether you're searching for investment land, cattle acreage, income-producing property, a 1031 exchange opportunity, future development land, or a strategic land-banking acquisition, this tract provides multiple uses today with significant long-term potential.

Additional Information

Unexempt Taxes
$6,276
Lot Size
834,653
Acres
19.16
School District
Pottsboro Isd
Elementary School
Pottsboro
Middle School
Pottsboro
High School
Pottsboro
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Commercial, Development

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Calculator source: Real Geeks

Listing courtesy of Cory Meals from eXp Realty LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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