← All homes

2550 FM 120

Denison, TX 75021

$2,100,000

Land · 96.27 ac · $22K/ac

Acres96.27 acres
Price per acre$21,814 / acre
Zoningres/ag
Road frontageFM Road
WaterIndividual Water Meter, Rural Water District
SewerSeptic
ElectricElectricity Connected
TypeLand

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$21,814
Exemptions notedAgricultural

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation.

The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens—supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability.

The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production.

Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use.

With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character.

Frequent whitetail deer make this property equally appealing for recreation or hunting.

Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside.

*Mineral rights to be verified by buyer; seller will convey all owned mineral rights.

The details

HeatingPropane, Wall Furnace
CoolingWindow Unit(s)

Lot featuresAcreage, Agricultural, Many Trees, Tank/ Pond
FencingBarbed Wire, Cross Fenced
Water sourceIndividual Water Meter, Rural Water District
SewerSeptic
ElectricElectricity Connected
UtilitiesPropane

Zoningres/ag
RestrictionsNo Known Restriction(s)
EasementsOther

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionG-0079 BLAGG THOMAS A-G0079

ElementaryMayes
Middle schoolHenry Scott
High schoolDenison
DistrictDenison ISD

MLS #21259317
Source
Price changeReduced by $250,000 · Jul 2, 2026
On the market73 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryAlbertsons · 3.7 mi
Nearest parkEisenhower Brithplace State Historic Site · 3.5 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of HBL, Realtors — Michelle McCullough.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 2550 FM 120 Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21259317. Information last updated July 16, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top