TX
Grayson
Denison
75021
2550 E Fm 120
2550 E Fm 120, Denison, TX 75021
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Listing Type
Lots/Land
Listing Status
Active
40
$2,350,000

Home Details for 2550 E Fm 120

Price
$2,350,000
Type
Land
Year built
1945
Lot size acres
96.27
County
Grayson
MLS Listing#
21259317
Property Description

Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation. 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.

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Property Features
  • Heating Information
    • Propane
    • Wall Furnace
  • Utilities
    • Electricity Connected
    • Propane
  • Cooling Information
    • Window Unit(s)
School Information
School Information for 2550 E Fm 120, Denison, TX 75021
Elementary School
Mayes
Middle School
Henry Scott
High School
Denison
Listing Courtesy: HBL, Realtors - 903-786-6063
Presented by: Michelle McCullough
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-05-05 03:20:40
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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