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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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656 Southeast Loop , Denison, TX 75020
$550,000
Est. Payment: $3,044.37/mo
19.16 Acres
Status: active option contract | Days on site: 43
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House 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.

Highlights

Listed by Cory Meals , eXp Realty LLC , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
19.16

County

Grayson

Neighborhood

Roberts

School District

Pottsboro ISD

Listing ID

21372841

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Interior Features

Exterior Features

Lot:Acreage,10 to < 50 Acres
Zoning:Residential
Principal Interest
$3,044
Taxes
$523

Home Price

$550,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,044.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,044.37 $523.00 $0.00 $3,567.37
Yearly $36,532.44 $6,276.00 $0.00 $42,808.44
Total $1,095,973.30 $188,280.00 $0.00 $1,284,253.30

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Denison, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T00:07:32.300Z

© 2026 North Texas Real Estate Information Systems