12 Finished Lots Denison, TX

Highlights:

• The Site is approximately half a mile northeast of the intersection of US-75 and FM 120, which provides future residents multiple national and local retail options.
• The Site is located approximately 4.5 miles southeast of the recently announced Preston Harbor master-planned community. Spanning 3,114 acres, Preston Harbor is set to feature approximately 7,500 homes and the Margaritaville resort will offer 250 to 280 hotel rooms, and create around 300 jobs.
• Approximately 4 miles south, the intersection of US-75 and Grayson Drive is home to Texoma Medical Center which has 4,000 full time employees as well as boasts national and local retailers.
• The Site is located approximately 4 miles northeast of Gateway Village where Highland Homes is currently selling homes up to $574,860.
• The Site is currently zoned SF-7.5 and the approved Construction Plans consist of primarily 50’ lots. The Construction Plans consist of primarily 40’ x 50’ pad sizes.
• According to the US Census Bureau, Grayson County has a population of approximately 146,907 as of July 2023.
• Less than 20 minutes south, both the Texas Instruments and GlobiTech semiconductor chip facilities which total $35 billion in anticipated investments and will create up to approximately 4,500 new jobs in the area.
• According to Texas Realtors, the median home price for homes in Grayson County is $334,490 as of December 2024, an 9.7 percent increase year-over-year.
• The Site is located within Denison ISD and is approximately 1 mile from Mayes Elementary School, 1 mile from B. McDaniel Intermediate, 4 miles from Scott Middle School, and 4.5 miles from Denison High School.

Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders the opportunity to purchase 12 finished lots located along Layne Road in Denison, TX (the “Site”) less than a half mile east of Interstate 75. Per Ownership, each lot is ready to submit building permits for homes. This offering consists of primarily 50’ lots. This represents a great opportunity to acquire finished lots in a prime location within the growing Grayson County market at a price of only $69,500 per finished lot.

To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/wwiftkgz8hh57bre

A 3% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity.

Documents: