UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21271504
HOA Y/N None
Annual Tax Amount $8
Lot Size 10.300 Acres
Acres 10.3
Property Sub-Type Unimproved Land
Property Description
This gorgeous, ag-exempt lakefront acreage offers an incredible opportunity to build a private ranchette or hold for investment in a booming growth corridor. Its strategic location, extensive highway frontage, and serene natural features make it highly versatile.
Key Property Highlights Prime Road Frontage: 296 feet of excellent frontage on Highway 160, positioning it well for future development or easy access.
Water Features: A beautiful 10+ acre lake located at the rear of the property, providing tranquil, scenic views.
Terrain: Scattered mature trees offer ample shade and natural character while leaving plenty of open, usable acreage.
Utilities: An 8-inch water line is noted as running in front of the property (buyers are advised to perform their own due diligence regarding utility capacities and connections).
Tax Status: Currently holds an agricultural exemption, keeping property taxes significantly lower based on productive value rather than market value.
Unbeatable Location : The property sits in the direct path of the booming North Texas growth corridor, offering a great balance of rural tranquility and ease of daily commute.
Highway 121 Access: Just under a 5-minute drive to the recently expanded Hwy 121.
Growing Neighboring Cities: About 20 minutes from the rapidly growing cities of Melissa and Anna, TX.
Major Business Hubs: Under a 40-minute drive to major DFW employment and retail centers, including Frisco, Plano, and Allen.
Disclaimer: Buyers and their agents are strongly encouraged to conduct their own due diligence with the local county appraisal district regarding the Texas Ag Exemption rules, zoning, and utilities etc.
Note : The seller is a licensed real estate agent.
Location
State TX
County Grayson
Zoning Currently zoned agriculture
Direction While driving from melissa Tx towards Trenton Take exit on Hwy 121 towards hwy 78 160 and make a left turn on hwy 160 towards whitewright texas. The property is just about 3 mins drive and it is on right side of the hwy 160.
Exterior
Utilities Available All Weather Road, Asphalt, City Water, Electricity Available, Outside City Limits, Sewer Not Available
Waterfront Description Creek,Lake Front
Street Surface Asphalt
Lot Frontage 296.0
Garage No
Building
Lot Description Acreage, Agricultural, Cleared, Few Trees, Level, Water/Lake View, Waterfront
Schools
Elementary Schools Whitewright
Middle Schools Whitewright
High Schools Whitewright
School District Whitewright Isd
Others
Restrictions Agricultural,No Mobile Home,Other
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Fixed, USDA Loan, VA Loan, Other
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Fixed, USDA Loan, VA Loan, Other
Special Listing Condition Aerial Photo, Agent Related to Owner, Flood Plain, Survey Available, Verify Flood Insurance, Verify Rollback Tax, Verify Tax Exemptions
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21271504
Nearby School & Business
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