View All Photos
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.
© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Dick Dallas Agency shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Provided By
Listed by Cory Meals (#0636222)
Listing Office: eXp Realty LLC (#EXP00TO)

Get an estimate on monthly payments on this property.