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Grayson, US
Situated on the third largest freshwater lake in Texas, you’ll find one of the RAREST lots on Lake Texoma! You will own all the way to the water’s edge with 181 feet of shoreline in a dockable cove all to yourself. Even better—approximately $125,000 worth of dirt work and land clearing has already been done for you, giving you a major head start. You can still dictate additional tree removal and truly make the property your own. This is an opportunity to create your family’s legacy lakefront estate with two homesites ready for your private family compound. Located outside of city limits with a low 1.61% tax rate, you’ll have the freedom to do what you want—plus free choice of builder. Water line is at the street, electricity is available; you’ll just need a septic system. You’re just 0.5 mile from Eisenhower State Park, where you can enjoy sandy beaches, plus miles of hiking, biking, ATV, and horse trails—and only 5 minutes from the Spillway Boat Ramp. While this property is tucked away near Ross Perot's Lake Texoma Estate, it is 2 miles away from the upcoming Preston Harbor community, which will offer lakefront dining options and the anticipated Margaritaville Resort. You’re surrounded by multimillion-dollar properties, including a neighboring home valued over $2M, and Denison’s highest-priced lake property at $10.9M right here in Thompson Heights—so you’re in very good company. The OPPORTUNITY to own lakefront property like this is NOW!
Courtesy Of: Texas Life Real Estate
Public Schools
- School District:
- Denison ISD
- Elementary School:
- Mayes
- Middle School:
- Henry Scott
- High School:
- Denison
Interior Features
- Frontage Feet:
- 83
Exterior Features and Amenities
- Lot Features:
- Acreage,Cleared,Few Trees,Water/Lake View,Waterfront
- Lot Size:
- 3 to < 5 Acres
- Lot Size Area:
- 3.6280
- Lot Size Units:
- Acres
- Number Of Lots:
- 1
- Subdivision Name:
- THOMPSON HEIGHT
Utility Information
- Utilities:
- All Weather Road,Asphalt,Co-op Water,Electricity Available,Outside City Limits,Sewer Not Available
Financial
- Unexempt Taxes:
- $13,923.00
- Tax Legal Description:
- NEVA LANE SUBD REPLT 4 & PT 3 REPLT OF REPLT
Other Features
- Will Subdivide:
- No
- Easements:
- Utilities
- Surface Rights:
- All
- Special Notes:
- Aerial Photo,Flowage Easement,Survey Available,Utility Easement
- Soil Type:
- Unknown
- Restrictions:
- Deed,No Mobile Home
- Possession:
- Closing/Funding
- Parcel Number:
- 450598
Directions
Traveling north on Highway 75, take exit 72 for Highway 91, follow to 1310, turn right into Thompson Heights, and turn left onto Neva Lane (Black and white sign on lot.)
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Data last updated: 2026-05-02.
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.
