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00 FM 121

Van Alstyne, TX 75495

$1,400,000

Land · 5.41 ac · $259K/ac

Acres5.41 acres
Price per acre$258,780 / acre
ZoningAgriculture
Road frontageCounty Road, FM Road, State Road, Other
WaterCo-op Water
SewerNone per listing
ElectricCo-op Electric, Electricity Available
TypeUnimproved Land

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$258,780
Exemptions notedAgricultural

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

About this home

Price Reduced! Exceptional 5.41-acre corner tract at FM 121 and Durning Road in the Van Alstyne area, offering a rare combination of location, size, frontage, access, and long-term potential in the path of North Texas growth. This flat, elevated property features approximately 676 feet of frontage along FM 121, and approximately 350 feet of frontage with an established access from Durning Road. Ideally positioned just 3.3 miles west of Hwy 75, 6.6 miles from Hwy 289 (Preston Road) in Gunter, and approximately 11 miles from the planned Dallas North Tollway extension corridor. Located outside city limits with no known city zoning and currently under agricultural exemption, the property is surrounded by residential, commercial, and farm-and-ranch acreage. An additional 2.5 (approximate) adjoining acres are available for separate consideration, creating the opportunity to assemble a larger contiguous tract. With strong FM 121 visibility, usable topography, and existing access, this property is well-positioned for a variety of potential uses. Whether held for investment, improved for personal use, or explored for future development, this tract offers the kind of location and flexibility that is increasingly hard to find.

The details

HeatingNone
CoolingNone

Lot featuresAcreage, Agricultural, Cleared, Corner Lot, Few Trees, Level, Pasture, Undivided
FencingBarbed Wire, Fenced, Full, Gate, Metal, Perimeter, Pipe, Wire
Water sourceCo-op Water
SewerNone per listing
ElectricCo-op Electric, Electricity Available
UtilitiesCable Available, Underground Utilities

ZoningAgriculture, Residential, Commercial, Mixed
RestrictionsDeed, No Mobile Home
EasementsElectric, Water Lines
Surface rightsAll
Documents availableAerial Photo

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

SubdivisionJames Hefflefinger
Community featuresPerimeter Fencing

ElementaryJohn and Nelda Partin
Middle schoolVan Alstyne
High schoolVan Alstyne
DistrictVan Alstyne ISD

MLS #21312823
Source
Price changeReduced by $250,000 · Oct 16, 2026
On the market107 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryDiamond Food Market · 4.0 mi
Nearest parkEula Umphress and Robert Hynds Park · 4.0 mi

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Listing courtesy of Keller Williams Heritage West — Cammi Alexander.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21312823. Information last updated October 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.

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