62.48 AC County Road 218, Van Alstyne, TX 75495
62.48 AC County Road 218, Van Alstyne, TX 75495
62.48 AC County Road 218, Van Alstyne, TX 75495
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$2,500,000
Est. payment /mo
62.48 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision G-0487 Hefflefinger James A-G0487

MLS Listing ID 21406192

HOA Y/N None

Year Built 2003

Annual Tax Amount $8,892

Lot Size 62.480 Acres

Acres 62.48

Property Sub-Type Unimproved Land

Property Description

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.

Location

State TX

County Grayson

Zoning Current Ag

Direction from 3356 Turn west on CR 218 property on the north side of CR 218

Exterior

Utilities Available Co-op Electric, Co-op Water

Street Surface Oil & Screen

Lot Frontage 1100.0

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Few Trees, Many Trees

Schools

Elementary Schools John And Nelda Partin

High Schools Van Alstyne

School District Van Alstyne Isd

Others

Restrictions Easement(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Joshua McCraw • Coldwell Banker Realty Frisco

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