1700 W Morton St, Denison, TX 75020

$4,500,000

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List Price
$4,500,000
MLS#
21311547
Status
ACTIVE
Type
Land
Subtype
Land
Acres
78.64
County
Grayson
City
Denison
Subdivision
G-0630

Property Description

Prime 78+ Acre Development Opportunity in the Heart of Denison. Exceptional opportunity to acquire over 78 acres of strategically located land in the heart of Denison. This visible tract features frontage along Crawford Road, Morton Road, and Lum Lane, providing outstanding access, multiple points of ingress and egress, and exceptional flexibility for future development. Positioned within a rapidly expanding city, this property benefits from its location within a Tax Increment Reinvestment Zone (TIRZ), offering potential infrastructure support and development incentives that can significantly enhance long-term project viability and investment returns. The property is situated directly next to the proposed Katy Trail Park, a future amenity expected to increase accessibility, connectivity, and desirability throughout the surrounding area. Additionally, the tract is located near the end of the highly active Katy Trail, which attracts substantial daily and weekend traffic, creating excellent visibility and exposure. Future plans to expand the Katy Trail will bring it next to this property. Adding to the property's appeal, the neighboring acreage is included in the City's long-range development plans, further reinforcing the area's trajectory for continued growth and investment. As residential, recreational, and commercial projects continue to expand throughout Denison, this property presents a rare opportunity to secure a large-scale development site in the path of progress. With its combination of size, location, road frontage, growth-oriented surroundings, and potential TIRZ advantages, this tract is well suited for a variety of uses including residential development, mixed-use projects, commercial development, recreational facilities, investment hold strategies, and more. Opportunities of this scale and positioning are becoming increasingly scarce in Denison's growth corridor. Contact us today for additional information, zoning details, and development opportunities.

Additional Information

Lot Size
3,425,384
Lot Description
Few Trees, City Lot
School District
Denison Isd
Elementary School
Mayes
Middle School
Henry Scott, Mcdaniel
High School
Denison
Possession
CloseOfEscrow

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Listing courtesy of Krista Landon from DHS Realty. Contact: 903-718-2937