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$729,194 Just Listed
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Property Description
Rare opportunity to acquire a 5.58-acre development tract in the expanding Loy Lake Road corridor of Denison. The property offers over 900 feet of Loy Lake Road frontage and is located less than 2 miles from U.S. Route 75, with ~70,000+ vehicles per day through the Sherman-Denison market. Currently zoned residential, the site is well-positioned for future development with potential rezoning opportunities supported by continued growth in the area. Convenient access to retail, residential expansion, and major transportation routes makes this a strong opportunity for multifamily or mixed-use development in one of North Texas' emerging growth corridors.
Full Property Details
Full Property Details for 2640 Loy Lake Rd
General
- Price: $729,194
- Taxes: $6,771
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21250292
- Updated: Today (4/24/2026)
- Added to Site: Today
Location
- County: Grayson
- Subdivision: ELEY HYDE PARK ADDN RPLT
- Driving Directions: From Hwy75 exit Loy Lake rd. Drive East on Loy Lake approximately 2 miles. Property is on the NW side of roundabout.
School Information
- Elem School District: Denison ISD
- Midd School District: Denison ISD
- High School District: Denison ISD
- Elementary School: Hyde Park
- Middle School: Henry Scott
- High School: Denison
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development, Vacant
Lot Features
- Lot Size (Acres): 5.589
- Lot Size (Sq. Ft.): 243,456.84
- Frontage: All Weather Road
- Sidewalks: Yes
- Lot Features: Acreage, Cleared, Few Trees, City Lot
- Development Status: Zoned
- Potential Use: Development, Multi-Family, Mixed Use
- Zoning: SF7.5
Financial Considerations
- Tax Amount: $6,771
- Terms: Cash, Conventional, 1031 Exchange, Owner Will Carry, See Agent
Disclosures and Reports
- Documents Avail.: Survey, Aerial
- Legal Description: ELEY HYDE PARK ADDN RPLT PT LT 3 BLK 1, LOT 3
- Property ID: 439376
- Block: 1
- Lot Number: 3
Listed by Bertholf Commercial Real Estate, Evan Ramsey
Get Pre-Approved Today
Schools
Schools serving 2640 Loy Lake Rd
School District:Denison Independent School District
| Name | Grades | Distance |
|---|---|---|
Hyde Park Elementary School 1701 South Hyde Park Avenue, Denison, TX 75020 | PK-4 | 0.3 mi |
Henry Scott Middle 1901 South Mirick Avenue, Denison, TX 75020 | 7-8 | 1.8 mi |
Denison High School 4200 Texas 91, Denison, TX 75020 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2640 Loy Lake Rd
Date
Details
Price
Change
Source
4/24/2026
Listed
$729,194
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2640 Loy Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,623
2%
$161,782
4%
2023
$3,556
11%
$155,920
-1%
2022
$3,210
100%
$156,975
16%
2021
-100%
$135,124
24%
2021
$2,667
16%
$108,915
20%
2020
$2,290
-5%
$90,792
—
2019
$2,403
-3%
$91,110
1%
2018
$2,484
28%
$90,289
29%
2017
$1,937
9%
$69,824
10%
2016
$1,783
9%
$63,720
10%
2015
$1,636
6%
$57,927
6%
2014
$1,550
3%
$54,880
3%
2013
$1,511
—
$53,476
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2640 Loy Lake Rd
2640 Loy Lake Road, Denison, TX 75020 (MLS# 21250292) is a Lots/Land property with a lot size of 5.589 acres. 2640 Loy Lake Road is currently listed for $729,194 and was received on April 24, 2026. Want to learn more about 2640 Loy Lake Road? Do you have questions about finding other Lots/Land real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.

