UPDATED:
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision Mcdaniel Grander
MLS Listing ID 21084942
HOA Y/N None
Year Built 2016
Annual Tax Amount $1,888
Lot Size 84.200 Acres
Acres 84.2
Property Sub-Type Ranch
Property Description
The landscape is dotted with scattered trees, lending a natural charm to the acreage. Importantly, none of the property lies within a FEMA-designated floodplain, reducing development risk and simplifying planning. While several structures stand on the land, they are considered to hold little or no value, offering a clean slate for new construction or redevelopment.
Adding to its appeal is a long-term lease agreement with Grayson County for a communication tower located on-site. This arrangement provides a steady stream of rental income, giving investors a built-in revenue source from day one.
Whether you're seeking a strategic investment, a development opportunity, or a property with passive income, this parcel delivers on all fronts.
Location
State TX
County Grayson
Zoning None.
Direction From the intersections of State HWY 11 and US HWY 69, go north on US HWY 69 for approximately 1.64 miles to the property on the east side of HWY. Sign at the entrance gate.
Exterior
Fence Barbed Wire
Utilities Available All Weather Road, Asphalt, Co-op Electric
Street Surface Asphalt
Lot Frontage 1519.0
Garage No
Building
Lot Description Acreage, Pasture
Schools
Elementary Schools Whitewright
Middle Schools Whitewright
High Schools Whitewright
School District Whitewright Isd
Others
Restrictions No Known Restriction(s)
Ownership Morgan
Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank
Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21084942
