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437 Neva Lane
Denison, Texas 75020-4871

County: Grayson THOMPSON HEIGHT

Situated on the third largest freshwater lake in Texas, you’ll find one of the RAREST lots on Lake Texoma! You will own all the way to the water’s edge with 181 feet of shoreline in a dockable cove all to yourself. Even better—approximately $125,000 worth of dirt work and land clearing has already been done for you, giving you a major head start. You can still dictate additional tree removal and truly make the property your own. This is an opportunity to create your family’s legacy lakefront estate with two homesites ready for your private family compound. Located outside of city limits with a low 1.61% tax rate, you’ll have the freedom to do what you want—plus free choice of builder. Water line is at the street, electricity is available; you’ll just need a septic system. You’re just 0.5 mile from Eisenhower State Park & Yacht Club, where you can rent boat slips, enjoy sandy beaches, plus miles of hiking, biking, ATV, and horse trails—and only 5 minutes from the Spillway Boat Ramp. While this property is tucked away near Ross Perot's Lake Texoma Estate, it is 2 miles away from the upcoming Preston Harbor community, which will offer lakefront dining options and the anticipated Margaritaville Resort. You’re surrounded by multimillion-dollar properties, including a neighboring home valued over $2M, and Denison’s highest-priced lake property at $10.9M right here in Thompson Heights—so you’re in very good company. The OPPORTUNITY to own lakefront property like this is NOW!

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Essential Information

  • Price$1,250,000
  • Cumulative Days on MarketUnlock
  • MLS® #21248546
  • Acres3.63
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 6 Active Listings

Pricing Trends from 6 Active Listings in THOMPSON HEIGHT

This Home's Price $1,250,000 This Home's Price Per SqFt $
Average Price $1,042,500 Average Price Per SqFt $
Highest Price $2,395,000 Highest Price Per SqFt $
Lowest Price $115,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address437 Neva Lane
  • SubdivisionTHOMPSON HEIGHT
  • CityDenison
  • CountyGrayson
  • StateTexas
  • Zip Code75020-4871
  • HOANone
  • UtilitiesAll Weather Road, Asphalt, Co-op Water, Electricity Available, Outside City Limits, Sewer Not Available
  • Taxes13923

Amenities

  • WaterfrontYes
  • WaterfrontLake Front, Beach Access

Exterior

  • FenceNone
  • Lot DescriptionAcreage, Cleared, Few Trees, Water/Lake View, Waterfront

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentMegan Christensen
  • OfficeTexas Life Real Estate

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Listing information last updated on October 16th, 2026 at 2:34pm CDT.