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992 Tolson Avenue

Van Alstyne, Texas 75495
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Acres49.46

Acres(Lot)

49.46 Acres in Van Alstyne, Texas. Prime for Development or Private Retreat! Nestled in a picturesque setting with trees and a pond, this 49.46-acre property offers exceptional potential in the fast-growing community of Van Alstyne, Texas. The entrance to the house is located on Tolson, with frontage along Lincoln Park Road, adjacent to a newly developed subdivision. This land presents a prime opportunity for residential development or a stunning private estate. Currently benefiting from an agricultural exemption, the property features a three-bedroom two-bath home with scenic views of the surrounding land, a 50x30 insulated shop with a concrete slab and electric service, and an old red barn—utilities provided by the City for water, Oncor for electricity, and Atmos for natural gas. Whether you're a developer looking for your next project or a buyer searching for the perfect piece of Texas to call home, this tract offers endless possibilities.

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Detail Ic Property Details

Property Type : Land

Price : $7,500,000

AD Id : 66003701

MLS Id : 459321693

Lot Size : 49.46 Acres(Lot)

County : Grayson

Subdivision: Magnolia Add Ph B

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Feature Features

  • Utilities

    Cable Available,City Sewer,City Water,Co-op Electric,Phone Available
  • Cooling Features

    Central Air

    Heating Source

    Central

  • Building Information

    Built Year: 1986
  • Exterior Features

    Covered Patio/Porch
  • Fencing

    Barbed Wire,Gate

  • Lot Information

    Lot Size (Acr): 49.4600 Lot Size Units: Acres Lot Size Square Feet: 2,154,478 Lot Size Source: Assessor Lot Features: Acreage,Agricultural,Irregular Lot,Landscaped,Many Trees,Pasture,Rolling Slope
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: McKinney James & HRS AG0770 City: Van Alstyne State: Texas Directions: At Highway 75 East on Van Alstyne Parkway (FM 121), South on Waco, East on Jefferson (FM 121), North on Pearl to Tolson & the property on the right. To see land off of Lincoln Park Road, continue East on Jefferson (FM 121), North on Lincoln Park Road & the property on the left. Property Status: Active Exclusions: Curtains and curtain rods in the house. Property Age: 40

  • Listing Price Information

    Original List Price: $7,500,000
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 135776 Tax Legal Description: G-0770 MCKINNEY JAMES &HRS A-G0770, ACRES 49. Unexempt Taxes: $5,774

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Bob and Lola Sanford High School: Van Alstyne Junior High School: Van Alstyne Intermediate School: Van Alstyne School District: Van Alstyne ISD
  • Utility Information

    Utilities: Cable Available,City Sewer,City Water,Co-op Electric,Phone Available
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Nearby Home Value

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47.092 ACRES Bucksnort .., Van Alstyne, TX, 75495 $2,825,520 -- -- -- 47.09 Acres(Lot)
18.8 ACRES Sedalia Road, Van Alstyne, TX, 75495 $1,175,000 -- -- -- 18.80 Acres(Lot)
3891 Bethel Cannon Road, Van Alstyne, TX, 75495 $620,000 -- -- -- 10.52 Acres(Lot)
145 Wild Road, Van Alstyne, TX, 75495 $300,000 -- -- -- 2.64 Acres(Lot)
11 ACRES Sedlaia Road, Van Alstyne, TX, 75495 $550,000 -- -- -- 11 Acres(Lot)
232 Dancing Meadows Drive, Van Alstyne, TX, 75495 $1,200,000 -- -- -- 21.18 Acres(Lot)
191 G T Bailey Lane, Van Alstyne, TX, 75495 $270,000 -- -- -- 3.19 Acres(Lot)
TBD Fm 2729, Van Alstyne, TX, 75495 $274,900 -- -- -- 3.93 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/13/2026 @ 23:11

MLS: 459321693 LISTED BY: SHERRY SMITH, Ebby Halliday Realtors 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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