656 Southeast Loop, Denison, Texas, 75020
$550,000
19.16 Acres
#21372841
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.
PROPERTY FEATURES
- Pasture Area : Acres
- Number Of Wells : 1
- Pasture Area : Acres
- Number Of Wells : 1
- Utilities : All Weather Road,Well
- Easements : Utilities,Other
- Utilities : All Weather Road,Well
- Easements : Utilities,Other
- Fencing : Barbed Wire
- Fencing : Barbed Wire
- Lot Features : Acreage
- Lot Features : Acreage
- Current Use : Agricultural,Cattle,Recreational,Unimproved,Vacant,Warehouse
- Possible Use : Agricultural,Cattle,Commercial,Development
- Current Use : Agricultural,Cattle,Recreational,Unimproved,Vacant,Warehouse
- Possible Use : Agricultural,Cattle,Commercial,Development
- Zoning Description : Residential
- Title Company Preferred: Red River Title - Sherman
- Zoning Description : Residential
- Title Company Preferred: Red River Title - Sherman
PROPERTY DETAILS
ID: 21372841
Status: Pending Sale
Price: $550,000
Acres: 19.16 Acres
Price Per Acre: $28,704
Type: Lot and Land
Address: 656 Southeast Loop
City, State: Denison, Texas
County: Grayson
Zip Code: 75020
Lat/Long: 33.704642, -96.666896
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