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2550 E Fm 120 Denison, TX $ 2,350,000
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2550 E Fm 120
$ 2,350,000
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2550 E Fm 120

Denison, TX, 75021
$ 2,350,000
Baths0.0

Monthly Estimate*

$ 14,469

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Studio

Lots and Land for sale in Denison, TX

for $2,350,000. This property was built in 1945 on a lot size of 96.27.

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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Lots and Land Active

Price

$ 2,350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Improved Land

Lot Size

96.27

Year Built

1945

Town/City

Denison

County/Region

Grayson

MLS | Web ID

21259317
Features
General
Development Status Zoned
Heating Propane Wall Furnace
Cooling Window Unit(s)
Utilities All Weather Road Electricity Connected Individual Water Meter Outside City Limits Propane Rural Water District Septic
Possession Negotiable
current use Crops Horses Hunting/Fishing Pasture Ranch Residential Sheep/Goats
Restrictions No Known Restriction(s)
School District Denison ISD
Year Built 1945
Property Subtype Improved Land
Subdivision Name G-0079 BLAGG THOMAS A-G0079
County Grayson
Property Type Land
HOA Type None
Status Active
Directions 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
City Denison
Elementary School Name Mayes
High School Denison
Elementary School Mayes
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Stable/Barn
Lot Features Acreage Agricultural Many Trees Tank/ Pond
Vegetation Brush Grassed Wooded
Fencing Barbed Wire Cross Fenced
Soil Type Sandy Loam
Other Structures Barn(s) Outbuilding Residence
Lot Size Source Appraiser
Lot Size 50 to =< 100 Acres
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Internal Only
Street Number 1 2550
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* Excluded Features
List By
Michelle McCullough

Listing Agent

Hbl, Realtors

Broker

Affordability Calculator

$14,469
Per Month
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Monthly Principal & Interest
$14,469
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285812 Elementary School
3672557 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/5/2026 $2,350,000 Listed Price

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2550 E Fm 120, Denison, TX, 75021 is a Lots and Land for sale at $2,350,000 with a lot size of 96.27. 2550 E Fm 120 is a studio with 0.0 baths and was built in 1945. The property's zip code is 75021 which is in Denison, TX

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