Listing provided courtesy of HBL, Realtors- MLS# 21259317MLS ProviderContact Information: Michelle McCullough - 903-786-6063

2550 E Fm 120Denison, TX 75021

Vacant Land · 96.27 Acres
$2,350,000 Active

2550 E Fm 120 Overview

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Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation. The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens—supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability. The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production. Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use. With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character. Frequent whitetail deer make this property equally appealing for recreation or hunting. Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside. *Mineral rights to be verified by buyer; seller will convey all owned mineral rights.

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2550 E Fm 120 Facts & Features

  • Type Vacant Land
  • Lot 96.27 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Denison ISD
  • Elementary School: Mayes
  • Middle Or Junior School: Henry Scott
  • High School: Denison

Building Information

  • Year Built: 1945

Business Information

  • Current Use: Agricultural,Horses,Hunting,Livestock,Pasture,Ranch,Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: DENISON
  • Subdivision Name: G-0079 BLAGG THOMAS A-G0079

Community/Development

  • Development Status: Zoned

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 112508
  • Possible Use: Agricultural,Cattle,Horses,Hunting,Livestock,Pasture,Poultry,Ranch,Residential,Recreational
  • Property Sub Type: Improved Land
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Agricultural,Pond on Lot,Many Trees
    • Lot Size Acres: 96.27
    • Lot Size Area: 96.27
    • Lot Size Source: Appraiser
    • Lot Size Square Feet: 4193521.2
    • Lot Size Units: Acres
    • Road Surface Type: Asphalt
    • Vegetation: Brush,Grassed,Wooded
    • Water Source: Rural

    Waterfront/View

    • Waterfront: No

    General Information

    • Fencing: Barbed Wire,Cross Fenced
    • Horse Amenities: Barn,Round Pen,Stock Pen(s)
    • Horse: Yes
    • Other Structures: Outbuilding,Residence,Barn(s),Stable(s)
    • Road Frontage Type: Farm to Market Road,All Weather Road
    • Sewer: Septic Tank
    • Utilities: Electricity Connected,Propane,Septic Available,Separate Meters,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2550 E Fm 120 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2550 E Fm 120 Market Data

    Based on the last 30 days in this zip code

    $339,804
    Average List Price
    $197
    Average Price per Square Foot
    10
    Properties Sold
    106
    Average Days on Market
    98
    Properties for Sale
    Calculations provided by Reliance Network


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