2640 Loy Lake Rd, Denison, TX 75020

$729,194

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List Price
$729,194
MLS#
21250292
Status
ACTIVE
Type
Land
Subtype
Land
Acres
5.59
County
Grayson
City
Denison
Subdivision
ELEY HYDE PARK ADDN RPLT

Property Description

Rare opportunity to acquire a 5.589-acre development tract in the expanding Loy Lake Road corridor of Denison. The property offers over 900 feet of Loy Lake Road frontage and is located less than 2 miles from U.S. Route 75, with ~70,000+ vehicles per day through the Sherman-Denison market. Currently zoned residential, the site is well-positioned for future development with potential rezoning opportunities supported by continued growth in the area. Convenient access to retail, residential expansion, and major transportation routes makes this a strong opportunity for multifamily or mixed-use development in one of North Texas’ emerging growth corridors.

Additional Information

Unexempt Taxes
$6,771
Lot Size
243,456
Lot Description
Cleared, Few Trees, City Lot
School District
Denison Isd
Elementary School
Hyde Park
Middle School
Henry Scott
High School
Denison
Proposed Use
Development, Multi-Family, Mixed Use
Possession
CloseOfEscrow
Community Features
Curbs, Sidewalks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Evan Ramsey from Bertholf Commercial Real Estate. Contact: