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Grayson, US
Prime 23-acre development opportunity in the Denison ETJ—positioned perfectly to capitalize on the explosive growth transforming Texoma. Located just 6 miles from the $7B Preston Harbor master-planned community on Lake Texoma, this property sits near what is projected to double the size of Denison. Preston Harbor features 9.5 miles of shoreline, a $100M Margaritaville resort and marina, estate homesites, and premier amenities—bringing major residential and tourism demand to the area.
This nearly 23-acre tract is nestled between the established Lakeview Addition and Highview Estates, with access from both neighborhoods—making it ideal for a seamless residential expansion. The owner has secured a will-serve letter from the City of Denison for water service for up to 30 single-family homes, and a 10” water main runs along the property boundary.
Location is everything—and this site delivers. Just minutes from the massive semiconductor expansions at Texas Instruments and GlobalWafers in nearby Sherman, where billions in investment are reshaping the region into a “Silicon Prairie.” Additional growth includes the 440-acre Heritage Ranch master-planned community only 3 miles away, featuring new homes, retail, trails, and a future regional medical center.
Easy access to US-75 and US-82, plus proximity to Grayson College, Texoma Medical Center, shopping, and dining, make this an ideal location for workforce housing or estate-style development.
Denison continues to serve as the gateway to Lake Texoma and is experiencing unprecedented residential and commercial growth. Utilities nearby, strong surrounding neighborhoods, and major economic drivers in every direction—this is a rare chance to secure a strategic position in the path of progress.
Opportunities like this do not come around often. Explore the potential and bring your vision to life.
Courtesy Of: eXp Realty LLC
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Percy W Neblett
- Middle School:
- Sherman
- High School:
- Sherman
Exterior Features and Amenities
- Fencing:
- Barbed Wire
- Lot Features:
- Acreage
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 22.4560
- Lot Size Units:
- Acres
- Subdivision Name:
- TBD
Utility Information
- Utilities:
- Electricity Available,Gravel/Rock,Outside City Limits,Private Road,See Remarks
Financial
- Unexempt Taxes:
- $18.00
- Tax Legal Description:
- G-1407 COOK N F A-G1407, ACRES 22.226
Other Features
- Possession:
- Closing/Funding
- Will Subdivide:
- No
- Surface Rights:
- Mineral Easement
- Soil Type:
- Unknown
- Restrictions:
- Other
- Parcel Number:
- 443936
- Easements:
- Pipeline,Utilities
Directions
From US-75 take Grayson Drive west to FM 1417. North on 1417. Turn right onto High View Drive then left onto Oasis Drive. Property at the end of the 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: 2026-04-04.
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