Listing provided courtesy of eXp Realty LLCMLS# 21232417MLS ProviderContact Information: Cory Meals
  • 81 days on site
  • 1 views

Positioned in the direct path of growth in Grayson County, this ±200-acre tract offers a rare opportunity for investors, developers, or 1031 exchange buyers looking to secure a strategic long-term hold. Currently ag exempt and leased for agricultural production ensures the property is well maintained for ag use while keeping holding costs low. Ideally located just south of Hwy 82 and east of Hwy 377, and west of Hwy 289, this property sits only a few miles from the proposed Dallas North Tollway expansion—one of the most anticipated infrastructure projects set to reshape the Texoma region. With approximately 3200’ of road frontage on both Macomb Cemetery Road and Davis Rd, access and future development flexibility are already in place. Utilities are within reach with Two Way Water SUD servicing the area, including a 6” water line just north of Shook Rd (buyers to verify capacity and availability for intended use). The land is unzoned with no known restrictions , opening the door for a wide range of future possibilities—from continued agricultural use to potential residential, commercial, or mixed-use development. Grayson County continues to see explosive growth driven by major employers like Texas Instruments and GlobalWafers, along with continued expansion from the DFW Metroplex. This location offers the perfect balance of rural privacy with proximity to Sherman, Denison, and the broader DFW area for dining, entertainment, and business. Recreational opportunities are also nearby, with Lake Texoma and Lake Ray Roberts both within easy reach—adding even more long-term appeal for future development or resale. Whether you're looking to land bank, develop, or secure a legacy asset in a high-growth corridor, this property checks all the boxes.

Source: North Texas MLS, MLS#: 21232417

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  • Property Type
    Land
  • Lot
    200.96 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at TBD Davis Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/9/2026Source: North Texas MLS Added to Database
April 09, 2026