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Grayson, US
Prime Multi-Family Development Opportunity in Tioga, TX
Exceptional 5 Acres up to 10.32 Acre Property with Potential Retail or Commercial Rezoning
Unlock the full potential of this remarkable multifamily-zoned property, ideally situated in the heart of Tioga, TX! Spanning 5 or up to 10.32 acres, this site stands out as a premier investment opportunity, offering future flexibility for retail or commercial rezoning. With over 1,500 feet of road frontage—including prominent exposure along US Hwy 377 (Ray Roberts Pkwy) at the FM 922 intersection—your development will benefit from maximum visibility and seamless access via Lamar St and Shawnee Drive.
Property Highlights
• Size: Total 10.32 acres with options to purchase either the north or south 5.16-acre parcel, subject to government approval.
• Location: Strategically placed in a high-traffic area near top-rated Tioga ISD schools, making it perfect for families and future residents.
• Utilities: City water, city sewer, electric, and gas conveniently available at or near the property for efficient development.
• Visibility: Outstanding road frontage ensures your property stands out for both residential and commercial prospects.
• Flexibility: Owner may consider selling in two separate parcels, catering to your investment needs.
Seize a unique chance to invest in a rapidly expanding community with easy access to schools, essential amenities, and vibrant local attractions. Whether you're envisioning a multi-family development or exploring commercial possibilities, this property’s prime location and versatile zoning make it a rare find in North Texas. All information provided is deemed reliable, but buyers and their representatives are encouraged to verify all details independently.
Contact Terry today to learn more about this outstanding opportunity and secure your place in Tioga's growth story!
Courtesy Of: SIGNATURE COMPANY
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Tioga ISD
- Elementary School:
- Tioga
- Middle School:
- Tioga
- High School:
- Tioga
Exterior Features and Amenities
- Acres Pasture:
- 10.32
- Lot Features:
- Acreage,Corner Lot,Few Trees,Pasture,Rolling Slope
- Lot Size:
- 5 to < 10 Acres
- Lot Size Area:
- 5.0000
- Lot Size Units:
- Acres
- Number Of Lots:
- 2
Utility Information
- Utilities:
- Asphalt,City Sewer,City Water,Electricity Available,Natural Gas Available,Overhead Utilities,Sewer Available,Other
Financial
- Tax Legal Description:
- G-1142 S A M G R R CO A-G1142, ACRES 10.32
- Unexempt Taxes:
- $14.00
Other Features
- Easements:
- Drainage,Utilities
- Parcel Number:
- 221623
- Possession:
- Negotiable
- Restrictions:
- No Known Restriction(s),Other
- Will Subdivide:
- Yes
Directions
Take US Hwy 377 to Tioga. Property fronts the east side of US Hwy 377 across from the intersection of FM 922 and located on the south side of Shawnee Drive and on the east side of Lamar St.
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: 2026-04-23.
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.
