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Fm 121
Van Alstyne, Texas 75495

County: Grayson James Hefflefinger

Exceptional 5.41-acre corner tract at FM 121 and Durning Road in the Van Alstyne area, offering a rare combination of location, size, frontage, access, and long-term potential in the path of North Texas growth. This flat, elevated property features approximately 676 feet of frontage along FM 121, and approximately 350 feet of frontage with an established access from Durning Road. Ideally positioned just 3.3 miles west of Hwy 75, 6.6 miles from Hwy 289 (Preston Road) in Gunter, and approximately 11 miles from the planned Dallas North Tollway extension corridor. Located outside city limits with no known city zoning and currently under agricultural exemption, the property is surrounded by residential, commercial, and farm-and-ranch acreage. An additional 2.5 (approximate) adjoining acres are available for separate consideration, creating the opportunity to assemble a larger contiguous tract. With strong FM 121 visibility, usable topography, and existing access, this property is well-positioned for a variety of potential uses. Whether held for investment, improved for personal use, or explored for future development, this tract offers the kind of location and flexibility that is increasingly hard to find.

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Essential Information

  • Price$1,650,000
  • Reduced By$189,400
  • Cumulative Days on MarketUnlock
  • MLS® #21312823
  • Acres5.41
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Property Details

School Information

Community

  • AddressFm 121
  • SubdivisionJames Hefflefinger
  • CityVan Alstyne
  • CountyGrayson
  • StateTexas
  • Zip Code75495
  • HOANone
  • FeaturesPerimeter Fencing
  • UtilitiesAll Weather Road, Asphalt, Cable Available, Co-op Electric, Co-op Water, Electricity Available, Outside City Limits, Sewer Not Available, Underground Utilities, Unincorporated, No City Services

Exterior

  • FenceBarbed Wire, Fenced, Full, Gate, Metal, Perimeter, Pipe, Wire
  • Lot DescriptionAcreage, Agricultural, Cleared, Corner Lot, Few Trees, Level, Pasture, Undivided

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingNone

Additional Information

  • ZoningAgriculture, Residential, Commercial, Mixed

Private Listing Information (Registration Required)

Listing Details

  • AgentCammi Alexander
  • OfficeKeller Williams Heritage West

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Listing information last updated on October 15th, 2026 at 5:18am CDT.