Date
Details
Price
Change
Source
7/01/2026
Listed
$1,839,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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
Full Property Details for 00 Fm 121
General
- Price: $1,839,400
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21312823
- Updated: 7/1/2026
- Added to Site: 2 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
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Listing agent
— 00 Fm 121 —
Cammi Alexander
Keller Williams Heritage West
903-436-1303
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 00 Fm 121
Tax History
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
—
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 00 Fm 121
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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 $1,839,400 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.