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5329 Fm-121
Van Alstyne, Texas 75495

County: Grayson Magnolia Farms

Beautiful 2.108-acre lot in Magnolia Farms offering the opportunity to build your custom home in Van Alstyne! This partially wooded property features a level homesite with approximately 184 feet of frontage along FM 121 and a shared driveway entrance. Mature trees provide a scenic backdrop, with open space to envision outdoor living, a garden and room for animals. Enjoy peaceful country living while remaining convenient to nearby shopping, dining and major roadways. No HOA! Deed restrictions help guide construction and property use while allowing horses and other livestock within specified limits. Barndominiums are permitted with architectural approval, and approved barns, storage buildings or garages offer additional possibilities for your country property. Architectural approval is required before construction. The main residence must contain a minimum of 2,200 square feet, exclusive of porches, garages, patios, terraces and breezeways. No mobile or manufactured homes permitted. Owners share responsibility for maintaining the common driveway. Located in Van Alstyne ISD, this property offers space to bring your vision to life. Bring your plans and create your own piece of Texas country living!

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Essential Information

  • Price$199,000
  • Cumulative Days on MarketUnlock
  • MLS® #21394010
  • Acres2.11
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Property Details

School Information

Community

  • Address5329 Fm-121
  • SubdivisionMagnolia Farms
  • CityVan Alstyne
  • CountyGrayson
  • StateTexas
  • Zip Code75495
  • HOANone
  • UtilitiesAll Weather Road, Asphalt, Co-op Electric, Co-op Water, Individual Water Meter, Overhead Utilities, Septic, Sewer Available, No City Services
  • Taxes2832

Exterior

  • FencePartial
  • Lot DescriptionAcreage, Level

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingNone

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentTammy Watson
  • OfficeKeller Williams Realty Dpr

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Listing information last updated on October 19th, 2026 at 6:17pm CDT.