TBD Randell lake Road Denison, TX 75020

Previous Listing Price: $1,200,000

About this home

Property Overview

Prime 8.8acre development opportunity in Denison’s fastest-growing corridor along US Highway 75. This development-ready site offers city water, sewer, and electric already on site, along with valuable agricultural zoning and a current ag exemption that keeps taxes low during the planning phase. Included is a spacious 3,150 sq ft, 3bed 3bath home built in 2007, which serves as an ideal office, sales center, event venue, or temporary housing while development plans move forward. Just 13 minutes from the 7 billion Preston Harbor master planned development and the upcoming Margaritaville Resort groundbreaking targeted for 2027, the property sits in the direct path of progress. Adjacent self-storage and retail projects are already breaking ground, new single-family communities are rising nearby, and additional mixed-use projects along US 75 featuring restaurants, housing, and retail are adding significant traffic and demand. This versatile tract presents an outstanding opportunity for commercial retail, mixed-use development, hospitality, self-storage, or residential projects. Priced at a motivated $1,200,000 with owner financing available, this represents exceptional value at approximately $136,500 per acre in one of North Texas’ strongest emerging markets.