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Fm 121
Van Alstyne, Texas 75495

County: Grayson G-0907

Rare opportunity to own 23+ unrestricted acres just 2.5 miles from downtown Van Alstyne, offering endless potential in a prime North Texas location. This ag-exempt, unzoned property sits outside city limits and boasts 130 feet of frontage along FM 121, making it ideal for a private estate, family ranch, recreational retreat, special events venue, or future development. A picturesque tree-lined northern boundary follows the peaceful Sister Grove Creek, creating a natural backdrop rich in privacy and charm. A tranquil pond enhances both the beauty and functionality of the land, while expansive open pastures provide the flexibility to bring your vision to life. An additional 1-acre tract with a home is also available, increasing total road frontage by an additional 160 feet for nearly 300 feet along FM 121. With no deed restrictions, agricultural exemption in place, and close proximity to town, this is a truly exceptional opportunity to own a versatile piece of North Texas land.

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Essential Information

  • Price$900,000
  • Reduced By$135,000
  • Cumulative Days on MarketUnlock
  • MLS® #21304973
  • Acres23.00
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 11 Active and 5 Sold Listings

Pricing Trends from 11 Active Listings in G-

This Home's Price $900,000 This Home's Price Per SqFt $
Average Price $1,929,774 Average Price Per SqFt $
Highest Price $8,067,312 Highest Price Per SqFt $
Lowest Price $299,000 Lowest Price Per SqFt $

Pricing Trends from 5 Sold Listings in G-

This Home's Price $900,000 This Home's Price Per SqFt $
Average Price $839,800 Average Price Per SqFt $
Highest Price $3,120,000 Highest Price Per SqFt $
Lowest Price $175,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressFm 121
  • SubdivisionG-0907
  • CityVan Alstyne
  • CountyGrayson
  • StateTexas
  • Zip Code75495
  • HOANone
  • UtilitiesCo-op Electric, Co-op Water, Electricity Available, Outside City Limits
  • Taxes114

Amenities

  • WaterfrontYes
  • WaterfrontCreek

Exterior

  • FencePartial
  • Lot DescriptionAcreage, Adjacent to Greenbelt, Agricultural, Cleared, Greenbelt, Hilly, Many Trees, Pasture, Rolling Slope, Tank/ Pond

Additional Information

  • ZoningNo zoning, in Van Alstyne ETJ

Private Listing Information (Registration Required)

Listing Details

  • AgentCrystal Debacker
  • OfficeExp Realty

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on October 15th, 2026 at 5:00am CDT.