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$7,500,000

992 Tolson Ave, Van Alstyne, TX, 75495

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,649 Sq Ft
price_per_sqft$178.29 / sqft
Year BuiltBuilt in 1986

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size49.46 acres

Building Information

Year Built1986
Garage Spaces4

Land Information

APN313 0770036
SubdivisionMckinney James &Hrs A-G0770
Land UseResidential
Legal DescriptionG-0770 MCKINNEY JAMES &HRS A-G0770, ACRES 49.46
Census Tract001803
Assessed Land Value$45,107
Assessed Improvement Value$192,597
Assessment Year2025

About this property

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.

Investor Tools

$243,938Estimated Mortgage Balance
$50,062Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$45,000 /month
Positive
Cash Flow Estimate:
$15,000 /month

Interested in this property?

SHERRY SMITH

Ebby Halliday Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,123
$237,704
2025
$45,107
$192,597
$2,319,377
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,123
$237,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Credit Line (Revolving) / Heloc
$245,000
No
First
Feb 27, 2026
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,938
$50,062
17%
83%
$1,469/mo

City: Van Alstyne