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$1,800,000

0000 FM 121, Van Alstyne, TX, 75495

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

HUGE PRICE REDUCTION! Must see, rare opportunity to own 23+ unrestricted acres just 2.5 miles from downtown Van Alstyne with endless possibilities. This ag-exempt, unzoned property lies outside city limits and features 130 feet of frontage on FM 121—ideal for a special events venue, private estate, family ranch, recreational retreat, or future development. A scenic tree line borders the northern boundary, highlighted by the tranquil Sister Grove Creek. A peaceful pond adds to the beauty and functionality of the land, while the open pastures and natural privacy offer both serenity and versatility. An additional acre with a home is also available, which would expand road frontage by another 160 feet—bringing the total to nearly 300 feet along FM 121. With no deed restrictions and prime location near town, this property is a true North Texas gem.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Van Alstyne

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0000 FM 121 | Property Details | No Agent List