7074 Fm 901Whitesboro, TX 76273

For Sale
$2,200,000

40-Acre Multi-Use Tract, $2.2M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 40.777-acre property in Whitesboro, Texas, presents a remarkable investment opportunity. Located at 7074 FM 901 in Grayson County, zip code 76273, this land offers diverse development potential. Its strategic location places it minutes from Sherman's burgeoning tech sector and the future North Dallas Toll Road expansion. Bloomberg News projects significant residential growth in this area, making this land ideally suited for various projects. The possibilities include mixed-use developments, multifamily housing, commercial ventures, or even an RV park. The property's agricultural potential is also noteworthy, currently producing approximately 85 round bales of hay per cutting, and featuring a creek. A one-acre corner parcel is equipped with power, water, and three RV hookups, adding further versatility. The seller is motivated and open to subdividing the land. Owner financing is available at a very favorable rate with low interest and interest-only payments. This is a rare chance to acquire a large tract of land in a high-growth area with multiple development options. Outside the extraterritorial jurisdiction (ETJ), this property offers flexibility and freedom from certain city regulations. The property is suitable for cattle or horse facilities.

Property Details for 7074 Fm 901

Property type
Other land, Other farms
Lot Size (sq. ft)
1,776,246 SF

Location Insight

City
Whitesboro
County
Grayson
State
Texas
Latitude
33.644179
Longitude
-96.848137
7074 Fm 901, Whitesboro, Texas

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7074 Fm 901
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