For Sale
$6,726,000

121 State Hwy Randolph, TX 75490

Prime rural land, future development potential.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 57-acre property presents a remarkable opportunity for diverse development. Located in Fannin County, Texas, on the southeast corner of State Highway 121 and County Road 635, this unzoned land offers significant potential for various uses, including residential, commercial, and industrial projects. Its strategic location, just 15 miles northeast of McKinney and 15 miles southwest of Bonham, provides easy access to major transportation routes. The property is situated within the desirable Trenton Independent School District and benefits from proximity to the new Bois D'Arc Lake (approximately 17,000 surface acres), further enhancing its appeal. State Highway 121, a four-lane divided highway, provides excellent connectivity from Highway 75 in McKinney directly to the property. Water service is available through Desert WSC, with sufficient capacity to support future residential and commercial development. A conceptual plan illustrating a potential 42-lot, 1-acre lot subdivision is available for review. This presents a unique opportunity for developers seeking a prime location for a variety of projects, including office warehouses, RV and boat storage, and residential subdivisions. The asking price is $6,726,000. The property's APN is 77092. The seller is motivated and open to creative deal structures.

Highlights

  • Prime 1-acre residential lot in a rural setting.
  • Ideal for new construction.
  • Excellent location for a single-family home.

Property Details for 121 State Hwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
2,482,920 SF

Location Insight

City
Randolph
County
Fannin
State
Texas
Latitude
33.396613080619
Longitude
-96.38466414436
121 State Hwy, Randolph, Texas

FAQs

What type of property is this?
Land - Prime rural land, future development potential.
Where is the land located?
The property is located at 121 State Hwy Randolph, TX.
What is the asking price?
The asking price for this property is $6,726,000.
What are key features of this property?
This property features: Prime 1-acre residential lot in a rural setting.; Ideal for new construction.; Excellent location for a single-family home.
How can I contact the broker?
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121 State Hwy
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