2550 E Fm 120 Denison, TX 75021
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision G-0079 Blagg Thomas A-G0079
MLS Listing ID 21259317
HOA Y/N None
Year Built 1945
Lot Size 96.270 Acres
Acres 96.27
Property Sub-Type Improved Land
Property Description
The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens—supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability.
The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production.
Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use.
With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character.
Frequent whitetail deer make this property equally appealing for recreation or hunting.
Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside.
*Mineral rights to be verified by buyer; seller will convey all owned mineral rights.
Location
State TX
Parish Grayson
Zoning res/ag
Direction From Austin Ave in Denison, TX: head East on FM 120, property will be on the right in approx 3.6 mi. Look for real estate signs
Interior
Heating Propane, Wall Furnace
Cooling Window Unit(s)
Heat Source Propane, Wall Furnace
Exterior
Exterior Feature Stable/Barn
Fence Barbed Wire, Cross Fenced
Utilities Available All Weather Road, Electricity Connected, Individual Water Meter, Outside City Limits, Propane, Rural Water District, Septic
Street Surface Asphalt
Lot Frontage 858.0
Garage No
Building
Lot Description Acreage, Agricultural, Many Trees, Tank/ Pond
Schools
Elementary Schools Mayes
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Restrictions No Known Restriction(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21259317
Nearby School & Business
Get More Information