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Grayson Drive
Denison, Texas 75020

County: Grayson Shelp; Shannon

Prime ±25 acres along FM 691 inside Denison city limits, with city water and sewer access and exceptional dual frontage on FM 691 and Theresa Dr. FM 691 is a key east-west corridor between US-75 and Texoma Parkway, serving the Sherman–Denison trade area. The site sits in the heart of the region’s medical and hospitality growth—Texoma Medical Center approx. 414 beds; ~88,000 patients treated anchors the US-75 and FM 691 intersection, with new medical offices and services nearby. Hilton Garden Inn and the Texoma Event Center at US-75 and FM 691 provide a regional destination for conferences and community events. With excellent visibility, utilities, and multiple access points, this tract is ideal for medical or office, retail, hospitality, or mixed-use development - subject to city approvals. Buyer to verify all information, including utilities, zoning, and dimensions.

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Essential Information

  • Price$1,599,999
  • Reduced By$300,001
  • Cumulative Days on MarketUnlock
  • MLS® #21104922
  • Acres25.00
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Property Details

School Information

Community

  • AddressGrayson Drive
  • SubdivisionShelp; Shannon
  • CityDenison
  • CountyGrayson
  • StateTexas
  • Zip Code75020
  • HOANone
  • UtilitiesAsphalt, City Water, Electricity Available, Sewer Available
  • Taxes6

Exterior

  • Lot DescriptionAcreage, Many Trees

Additional Information

  • ZoningResidential Single Family 7.5 (7,500 sq ft.)

Private Listing Information (Registration Required)

Listing Details

  • AgentGreg Fife
  • OfficeButch Fife, Realtors
  • Office Contact903-891-3066

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Listing information last updated on October 15th, 2026 at 5:32pm CDT.