Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,400,000 -$250,000 (-15.15%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 5.41 Acres
  • Updated 5 days ago
See This Home
Save This Home
See This Home
Save This Home
Price Reduced! Exceptional 5.41-acre corner tract at FM 121 and Durning Road in the Van Alstyne area, offering a rare combination of location, size, frontage, access, and long-term potential in the path of North Texas growth. This flat, elevated property features approximately 676 feet of frontage along FM 121, and approximately 350 feet of frontage with an established access from Durning Road. Ideally positioned just 3.3 miles west of Hwy 75, 6.6 miles from Hwy 289 (Preston Road) in Gunter, and approximately 11 miles from the planned Dallas North Tollway extension corridor. Located outside city limits with no known city zoning and currently under agricultural exemption, the property is surrounded by residential, commercial, and farm-and-ranch acreage. An additional 2.5 (approximate) adjoining acres are available for separate consideration, creating the opportunity to assemble a larger contiguous tract. With strong FM 121 visibility, usable topography, and existing access, this property is well-positioned for a variety of potential uses. Whether held for investment, improved for personal use, or explored for future development, this tract offers the kind of location and flexibility that is increasingly hard to find.

Full Property Details for 00 Fm 121

General

  • Price: $1,400,000
  • Status: Active
  • Type: Lots/Land
  • Source: NTREIS
  • MLS ID: 21312823
  • Updated: 10/16/2026
  • Added to Site: 112 day(s) ago

Business

  • Business Type: Build to Suit

Location

  • County: Grayson
  • Subdivision: James Hefflefinger
  • Driving Directions: From Hwy 75, head west on FM 121 approx. 3.3 miles. Turn left on Durning Rd. Property entrance is the first gate on the left (double green gates). Park at entrance and walk the property. Do not proceed to the residence at 70 Durning Rd.
  • Dist. to Street: 676

School Information

  • Elem School District: Van Alstyne ISD
  • Midd School District: Van Alstyne ISD
  • High School District: Van Alstyne ISD
  • Elementary School: John and Nelda Partin
  • Middle School: Van Alstyne
  • High School: Van Alstyne

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Water: Community/Coop
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, None, Sewer Not Available, Underground Utilities, Water Available

Structural Information

  • Architectural Style: Barndominium
  • Detached/Attached: Detached
  • Current Bldg. Use: Agricultural, Grazing, Horses, Livestock, Pasture, Ranch, Residential, Single Family

Lot Features

  • Lot Size (Acres): 5.41
  • Lot Size (Sq. Ft.): 235,659.6
  • Lot Size Source: See Remarks
  • Lot Dimensions: 676 +/- x 350 +/-
  • Frontage: County Road, Farm to Market Road, Other, State Road, All Weather Road, Asphalt
  • Topography: Level
  • Lot Features: Acreage, Agricultural, Cleared, Corner Lot, Level, Pasture, Few Trees, Flat
  • Potential Use: Agricultural, Cattle, Commercial, Development, Grazing, Horses, Investment, Livestock, Multi-Family, Mini Storage, Mixed Use, Orchard, Pasture, Place of Worship, Ranch, Residential, Recreational, Retail, Single Family, Subdevelopment
  • Trees/Vegetation: Cleared, Grassed
  • Zoning: Agriculture, Residential, Commercial, Mixed
  • Fencing (Description): Barbed Wire, Fenced, Full, Gate, Metal, Perimeter, Pipe, Wire

Horse Property

  • Horse Property: Yes

Financial Considerations

  • Terms: Cash, Conventional, Texas Vet, USDA Loan, VA Loan

Disclosures and Reports

  • Documents Avail.: Aerial
  • Legal Description: G-0487 HEFFLEFINGER JAMES A-G0487, ACRES 5.41
  • Exclusions: Minerals have been severed and do not convey.
  • Disclosures/Rstr.: Deed Restriction, Easement(s), Familial Relation
  • Property ID: 135268

Listed by Keller Williams Heritage West, Cammi Alexander

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 00 Fm 121 —

  • Cammi Alexander

    Keller Williams Heritage West

903-436-1303

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 00 Fm 121 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Price Reduced
$1,400,000
-15.15%
MLS
8/24/2026
Price Reduced
$1,650,000
-10.3%
MLS
7/01/2026
Listed
$1,839,400
—
MLS
Get Price Alerts and Save Property
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 for 00 Fm 121

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21
-22%
$1,026
9%
2023
$27
-10%
$943
-23%
2022
$30
100%
$1,221
—
2021
100%
$1,221
-100%
2020
100%
$273,319
16355%
2015
-100%
$1,661
-99%
2018
$3,813
-2%
$134,503
—
2017
$3,908
6%
$134,921
2%
2016
$3,694
15%
$132,523
16%
2015
$3,204
6439%
$114,212
6259%
2019
$49
-98%
$1,796
-98%
2013
$2,779
—
$95,612
-4%
2013
$2,779
—
$99,714
—
View All
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 for 00 Fm 121

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Heritage West, Cammi Alexander

Similar Properties near 00 Fm 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

128 S Waco St, Van Alstyne, TX 75495 - Photo 1
$1,450,000

128 S Waco St  Van Alstyne, TX 75495

  • Lots/Land
  • Active
  • 1.2
    Acres
690 McConnell Rd, Gunter, TX 75058 - Photo 1
$1,390,000

690 McConnell Rd  Gunter, TX 75058

  • Lots/Land
  • Active
  • 7.6
    Acres
1904 Co Rd 1106, Anna, TX 75409 - Photo 1
$1,350,000

1904 Co Rd 1106  Anna, TX 75409

  • Lots/Land
  • Active
  • 9.567
    Acres
0000 Block Rd, Gunter, TX 75058 - Photo 1
$1,340,000

0000 Block Rd  Gunter, TX 75058

  • Lots/Land
  • Active
  • 11.06
    Acres

Just Listed near 00 Fm 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2129 Chloe Ln, Anna, TX 75409 - Photo 1 Just Listed
$341,990

2129 Chloe Ln  Anna, TX 75409

  • Single Family
  • Active
  • Updated 2 hours ago
  • 4
    Beds
  • 3
    Total Baths
2205 Chloe Ln, Anna, TX 75409 - Photo 1 Just Listed
$341,990

2205 Chloe Ln  Anna, TX 75409

  • Single Family
  • Active
  • Updated 4 hours ago
  • 4
    Beds
  • 3
    Total Baths
2648 Glacier Rd, Anna, TX 75409 - Photo 1 Just Listed
$352,480

2648 Glacier Rd  Anna, TX 75409

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
8685 FM1827, Anna, TX 75409 - Photo 1 Just Listed
$2,800,000

8685 FM1827  Anna, TX 75409

  • Farm
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths

Price Reduced near 00 Fm 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1711 Stonefield Dr, Anna, TX 75409 - Photo 1 Price Reduced
-$5,000 (-1.69%)
$290,000

1711 Stonefield Dr  Anna, TX 75409

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Anastasia Riley (972) 984-0511
1110 Doc Holliday Dr, Anna, TX 75409 - Photo 1 Price Reduced
-$10,000 (-3.17%)
$305,000
Open House

1110 Doc Holliday Dr  Anna, TX 75409

  • Single Family
  • Active
  • Updated 3 hours ago
  • 3
    Beds
  • 2
    Total Baths
227 Curt St, Anna, TX 75409 - Photo 1 Price Reduced
-$5,000 (-1.89%)
$259,900

227 Curt St  Anna, TX 75409

  • Single Family
  • Active
  • Updated 4 hours ago
  • 3
    Beds
  • 3
    Total Baths
3404 Cloyce Box Dr, Anna, TX 75409 - Photo 1 Price Reduced
-$10,000 (-3.33%)
$289,990
Open House

3404 Cloyce Box Dr  Anna, TX 75409

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths

00 Fm 121, Van Alstyne, TX 75495 (MLS# 21312823) is a Lots/Land property with a lot size of 5.41 acres. 00 Fm 121 is currently listed for $1,400,000 and was received on July 01, 2026. Want to learn more about 00 Fm 121? Do you have questions about finding other Lots/Land real estate for sale in Van Alstyne? You can browse all Van Alstyne real estate or contact a Coldwell Banker agent to request more information.

Tour this property