Key Features & Land Characteristics

This property is situated in a rapidly growing corridor of North Texas, positioned between the high-growth areas north of Dallas.

• Topography: The land generally features level to gently rolling terrain, typical of the Blackland Prairie region. It is primarily open acreage, making it suitable for multiple uses including residential development, commercial development, agricultural operations, or long-term investment.
• Current Use: Utilized for agricultural purposes (grazing or hay production), which allows for a 1-D-1 Agricultural Appraisal (Ag Exemption) to maintain low holding costs.
• Frontage: The property features significant frontage along Prescott Road, providing accessible entry points for future development or a private estate. Additionally, Dallas North Tollway (DNT)/Grayson County Tollway extension is anticipated to pass through the property.
• Surroundings: The area is characterized by a mix of larger family farms, luxury ranch estates, and upcoming residential subdivisions. Its proximity to US-75 (approx. 5–10 minutes) provides easy access to the Dallas-Fort Worth metroplex to the south and the expanding technology hub in Sherman (Texas Instruments and GlobiTech plants) to the north.

Investment Potential

Given the “path of progress” heading north from Collin County, this 32.26-acre tract is prime for:

• Buy-and-Hold: Capitalizing on the appreciation driven by the Sherman “Silicon Prairie” expansion.
• Commercial and Retail: As the proposed Dallas North Tollway (DNT) is expected to pass through the property, it provides an excellent opportunity for retail, commercial, and multi-family or other mixed-use development.