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Positioned along State Highway 289 with valuable road frontage, this versatile 6.597-acre offering presents exceptional potential for both commercial and residential use in a rapidly growing area. Located near Lake Texoma and only 30 minutes from Choctaw Casino & Resort, the property benefits from strong traffic exposure and increasing demand driven by ongoing area growth. This combined offering consists of two separate parcels which includes a 3.269 acre tract- MLS #21257140 and a 3.328 acre tract MLS #21262064, both of which are also available for individual purchase. Zoning flexibility makes this property especially attractive, with the highest and best use aligning with B-2 General Business District, ideal for contractor yards, auto-related businesses, or retail with outdoor display. Additional potential uses include B-1 Light Commercial for retail, office, or service-based businesses, R-1 single-family residential development, and R-2 Duplex District for investment or multi-unit opportunities. Adding to the long-term value, there are proposed future plans for expansion of State Highway 289, which may further enhance accessibility, traffic flow, and overall commercial viability. City water and city sewer are nearby per the City; buyer to verify availability and connection requirements. The parcel to the north is subject to a waterline easement located along the far rear portion of the parcel. This is a rare opportunity to secure a strategically located property with multiple use options in an area poised for continued growth. Please note: Seller intends to record a restrictive covenant establishing a treed "no-cut" privacy buffer (approximately 25') along the north boundary of the property to help preserve natural screening adjacent to the neighboring residence.
| LAST UPDATED | 5/6/2026 | TRACT | McGlothlin Abstract 873 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Grayson |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| LOT | 6.597 acre(s) |
|---|---|
| LOT DESCRIPTION | Agricultural, Many Trees, Pasture, Subdivided, Wooded |
| LOT DIMENSIONS | 528 x 579 x 410 x 531 |
| SEWER | Public Sewer |
| SUBDIVISION | McGlothlin Abstract 873 |
| TAXES | 3658 |
| WATER | Public |
| ZONING | AG, Proposed Highest and Best Use zoning is B2, Possibility of re-zoning to B1, R1, R2 |
MORTGAGE CALCULATOR
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Listing provided by Adela Clement, Monument Realty
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 5/6/26 7:54 PM PDT
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