»Request more details
Grayson, US
Outstanding investment opportunity in the growing Denison market. This prime, heavily treed corner lot is ideally located just off Spur 503 with convenient highway access, offering excellent visibility and accessibility for a wide range of residential development strategies. The property is zoned residential, allowing investors the flexibility to pursue alternative concepts beyond the currently approved plan. The site comes with City-approved plans for a 27-unit townhome development, providing a true shovel-ready opportunity for builders or investors looking to fast-track construction while avoiding lengthy entitlement processes. For those with a different vision, the residential zoning allows the land to be reimagined for custom homes, smaller multifamily concepts, or other residential investment ideas, subject to city requirements. The mature trees and corner positioning add natural character and long-term value, enhancing curb appeal and marketability regardless of the development path chosen. Located in a high-growth corridor with strong demand for housing, this property offers both immediate development potential and long-term upside. A rare chance to acquire a well-located, flexible residential development site with approvals in place, ideal for investors seeking options, speed, and strong future returns.
Courtesy Of: Real Broker, LLC
Feature Highlights
- Road Assessment
Public Schools
- School District:
- Denison ISD
- Elementary School:
- Hyde Park
- Middle School:
- Henry Scott
- High School:
- Denison
Exterior Features and Amenities
- Lot Features:
- Acreage,Corner Lot,Level,Many Trees
- Lot Size:
- 1 to < 3 Acres
- Lot Size Area:
- 2.9680
- Lot Size Source:
- Public Records
- Lot Size Units:
- Acres
- Number Of Lots:
- 1
- Subdivision Name:
- Hewitts Sub
Utility Information
- Utilities:
- All Weather Road,Cable Available,City Sewer,City Water,Concrete,Curbs,Electricity Available,Overhead Utilities,Phone Available
Financial
- Lots Sold Package:
- 1
- Lots Sold Separate:
- 1
- Unexempt Taxes:
- $3,237.00
- Tax Legal Description:
- HEWITTS S/D, ACRES 2.968
Other Features
- Parcel Number:
- 151160
- Will Subdivide:
- No
- Surface Rights:
- All
- Soil Type:
- Unknown
- Restrictions:
- No Known Restriction(s),Unknown Encumbrance(s)
- Possession:
- Closing/Funding
- Easements:
- Access,Electric,Telephone,Utilities,Other
- Intermediate School Name:
- Mcdaniel
Directions
Headed North on US Hwy 75, go East on Spur 503 Eisenhower Pkwy, continue on Eisenhower Pkwy, go Left on Willow Grove Rd, and Left on Eisenhower Pkwy headed West, the land lot will be on your Right hand side along the service road!
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-03-06.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
