This prime agricultural tract located on FM 902 in Tom Bean, Grayson County, Texas, spans 340.565 acres and offers a blank canvas for potential development or serves as a solid buy-and-hold investment opportunity. With over 2,700 feet of frontage along FM 902, the property provides excellent visibility and access. A water line is available at the front of the property, serviced by the City of Tom Bean, and it is situated at the edge of the city limits. The location is highly accessible, just 7 miles from Highway 75, and within 30 minutes of McKinney and 15 minutes of Sherman. Second frontage and smaller access point is through FM 2729 on the East side. Additionally, access could potentially be extended through the neighboring Meadow Estates, offering multiple entry points to the property. The land also contains a pipeline as shown in the pictures.

Land Characteristics

• Topography: Generally level to gently rolling, which is typical for the Blackland Prairie region of Grayson County.
• Soil Type: Primarily Black Soil, highly suitable for cultivation and heavy agricultural use.
• Current Use: Predominantly Agricultural (Ag Exempt). The land has historically been used for row crops (wheat, cotton, corn, sorghum) and cattle grazing.
• Road Frontage: Extensive frontage along FM 902.  Additional access point is on FM 2729.

Infrastructure & Utilities

• Water: Service is typically provided by the City of Tom Bean or Type-A/Co-op water lines (such as Grayson-Collin Electric Co-op) located along the FM 902 frontage.
• Easements: Standard utility easements exist. There is a known pipeline easement that traverses portions of the acreage, a common feature for large land tracts in this sector of Grayson County.

Development Potential

Due to the massive expansion of the Texas Instruments and GlobiTech plants in nearby Sherman (a combined $30+ billion investment), this property is considered a prime candidate for:

• Residential Subdivision: The “SF-E” (Single Family Estates) zoning in neighboring tracts suggests a path for high-end residential development.
• Investment/Land Flip: Significant “buy and hold” value due to its location in the McKinney-Sherman growth corridor.
• Mixed-Use: Large enough to support a combination of residential and light commercial/agricultural uses.