62.48 AC County Road 218, Van Alstyne, Texas, 75495

Listed by Coldwell Banker Realty Frisco, Joshua McCraw, 214-808-4340
$2,500,000
62.48 Acres
#21406192
Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient connectivity between US Highway 75 and Preston Road (SH 289), placing the property in the middle of continued North Texas growth and development. Offered at $2,500,000, approximately $40,013 per acre or $0.92 per square foot, the property is competitively priced to account for a north-south transmission corridor that bifurcates the acreage. This creates an opportunity for investors, developers and users whose plans may be able to incorporate or work around the existing utility infrastructure and easement. The property is currently utilized for hay production with water and electricity available. Potential uses to investigate may include residential or commercial development, solar or renewable energy, RV park, utility or infrastructure-related uses, outdoor storage, agricultural use, or long-term land investment. With significant development already occurring throughout Van Alstyne and the surrounding North Texas corridor, this property offers substantial acreage in a location positioned for continued growth. Buyer and buyer's agent to independently verify all information, including acreage, utilities, zoning, restrictions, easements, access, development potential and feasibility of any proposed use.

PROPERTY FEATURES

  • Utilities : Co-op Electric,Co-op Water
  • Easements : Electric,Pipeline
  • Lot Features : Acreage,Agricultural,Cleared,Few Trees,Many Trees
  • Road Surface Type : Oil & Screen
  • Road Frontage Type : County Road
  • Current Use : Agricultural
  • Zoning Description : Current Ag
  • Title Company Preferred: Republic Title Prosper
PROPERTY DETAILS
ID: 21406192
Status: Active
Price: $2,500,000
Acres: 62.48 Acres
Price Per Acre: $40,013
Type: Lot and Land
Address: 62.48 AC County Road 218
City, State: Van Alstyne, Texas
County: Grayson
Zip Code: 75495
Lat/Long: 33.400766, -96.646013
Presented By: Joshua McCraw
Phone: 214-808-4340
Email: Click to Contact