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Grayson, US

49.46 Acres in Van Alstyne, Texas. Prime for Development or Private Retreat! Nestled in a picturesque setting with trees and a pond, this 49.46-acre property offers exceptional potential in the fast-growing community of Van Alstyne, Texas. The entrance to the house is located on Tolson, with frontage along Lincoln Park Road, adjacent to a newly developed subdivision. This land presents a prime opportunity for residential development or a stunning private estate. Currently benefiting from an agricultural exemption, the property features a three-bedroom two-bath home with scenic views of the surrounding land, a 50x30 insulated shop with a concrete slab and electric service, and an old red barn—utilities provided by the City for water, Oncor for electricity, and Atmos for natural gas. Whether you're a developer looking for your next project or a buyer searching for the perfect piece of Texas to call home, this tract offers endless possibilities.
Courtesy Of: Ebby Halliday Realtors
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Van Alstyne ISD
- Elementary School:
- Bob and Lola Sanford
- Jr High School:
- Van Alstyne
- High School:
- Van Alstyne
Interior Features
- Heating:
- Central
Exterior Features and Amenities
- Exterior Features:
- Covered Patio/Porch
- Fencing:
- Barbed Wire,Gate
- Lot Features:
- Acreage,Agricultural,Irregular Lot,Landscaped,Many Trees,Pasture,Rolling Slope
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 49.4600
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Subdivision Name:
- McKinney James & HRS AG0770
Utility Information
- Utilities:
- Cable Available,City Sewer,City Water,Co-op Electric,Phone Available
Financial
- Unexempt Taxes:
- $5,774.00
- Tax Legal Description:
- G-0770 MCKINNEY JAMES &HRS A-G0770, ACRES 49.
Other Features
- Will Subdivide:
- No
- Possession:
- Negotiable
- Parcel Number:
- 135776
- Intermediate School Name:
- Van Alstyne
- Easements:
- Utilities
Directions
At Highway 75 East on Van Alstyne Parkway (FM 121), South on Waco, East on Jefferson (FM 121), North on Pearl to Tolson & the property on the right. To see land off of Lincoln Park Road, continue East on Jefferson (FM 121), North on Lincoln Park Road & the property on the left.

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Data last updated: 2025-07-18.
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