Description
Motivated Seller. Nestled just north of Whitewright, Texas, this remarkable property offers a rare blend of location, potential, and income opportunity. With approximately 1,519 feet of frontage along the east side of US Highway 69, the land boasts exceptional visibility and access—ideal for investors considering future development or subdivision. The generous highway frontage opens the door to multiple split configurations, making it a versatile canvas for several different types of projects. There is a larger waterline in place for the possibility of multi water meters. The landscape is dotted with scattered trees, lending a natural charm to the acreage. Importantly, none of the property lies within a FEMA-designated floodplain, reducing development risk and simplifying planning. In addition, the property is teaming with wildlife. While several structures stand on the land, they are considered to hold little or no value, offering a clean slate for new construction or redevelopment.Adding to its appeal is a long-term lease agreement with Grayson County for a communication tower located on-site. This arrangement provides a steady stream of rental income, giving investors a built-in revenue source from day one.Whether you're seeking a strategic investment, a development opportunity, or a property with passive income, this parcel delivers on all fronts.
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0BEDS
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84.2ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Motivated Seller. Nestled just north of Whitewright, Texas, this remarkable property offers a rare blend of location, potential, and income opportunity. With approximately 1,519 feet of frontage along the east side of US Highway 69, the land boasts exceptional visibility and access—ideal for investors considering future development or subdivision. The generous highway frontage opens the door to multiple split configurations, making it a versatile canvas for several different types of projects. There is a larger waterline in place for the possibility of multi water meters. The landscape is dotted with scattered trees, lending a natural charm to the acreage. Importantly, none of the property lies within a FEMA-designated floodplain, reducing development risk and simplifying planning. In addition, the property is teaming with wildlife. While several structures stand on the land, they are considered to hold little or no value, offering a clean slate for new construction or redevelopment.Adding to its appeal is a long-term lease agreement with Grayson County for a communication tower located on-site. This arrangement provides a steady stream of rental income, giving investors a built-in revenue source from day one.Whether you're seeking a strategic investment, a development opportunity, or a property with passive income, this parcel delivers on all fronts.
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