520 Cates Road, Van Alstyne, TX 75495 - Photo 1

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$3,500,000

For Sale
Active
Farm
68.382 Acres

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Property Description

Wonderful 68.3 acres with quick access to Van Alstyne and US Hwy 75. Located in the sought-after VAISD. Rolling land with beautiful trees, a nice pond, native grasses, and a fully fenced perimeter. The adjacent acreage to the north is currently being developed. Excellent location-20 minutes to McKinney and 45 minutes to the intersection of US-75 and I-635. See documents for the topo map, flood map, soil map, and property boundary map. Located outside city limits. Water is provided by South Grayson Water Co-op; electric is through Grayson-Collin Electric Co-op. AG exemption is in place. The master plan for 1-acre lots has received final approval from the city, making this property ready to begin your new development project. DO NOT TRESPASS. Contact listing agent for access.

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Full Property Details

Full Property Details for 520 Cates Rd

General

Price: $3,500,000
Taxes: $1,895
Status: Active
Type: Farm
Source: NTREIS
MLS ID: 20742636
Updated: 11/15/2025
Added to Site: 474 day(s) ago

Location

County: Grayson
Subdivision: none
Driving Directions: From US 75 exit 51. Go east on FM 121. North on Cates Road. Sign on the right.

School Information

Elem School District: Van Alstyne ISD
Midd School District: Van Alstyne ISD
High School District: Van Alstyne ISD
Elementary School: Bob and Lola Sanford
High School: Van Alstyne

Utilities

Water: Community/Coop
Utility Description: Electricity Available, None, Overhead Utilities, Water Available

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Agricultural
Year Built: 1915

Additional Structures

Other Structures: Barn(s)

Lot Features

Lot Size (Acres): 68.382
Lot Size (Sq. Ft.): 2,978,719.92
Frontage: City Street, Asphalt
Lot Features: Acreage, Cleared, City Lot
Potential Use: Agricultural, Cattle, Residential, Single Family
Zoning: Ag-exemption.
Fencing (Description): Barbed Wire

Horse Property

Horse Facility Desc.: Barn, Hay Storage

Water Features

Water Front Desc.: Creek

Financial Considerations

Tax Amount: $1,895
Terms: Cash

Disclosures and Reports

Legal Description: G-0636 JONES HARDY A-G0636, ACRES 68.382
Property ID: 133529

Listed by Monument Realty, Silvana Azpiazu

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Listing agent

— 520 Cates Rd —

Silvana Azpiazu

Monument Realty

734-765-2902

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NMLS#: 1598647

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Schools

Schools serving 520 Cates Rd

School District:Van Alstyne Independent School District

Name	Grades	Distance
John and Nelda Partin Elementary School 201 Newport Drive, Van Alstyne, TX 75495	K-4	2.3 mi
Van Alstyne J High School 1314 North Waco Street, Van Alstyne, TX 75495	7-8	1.6 mi
Van Alstyne High School 1722 North Waco Street, Van Alstyne, TX 75495	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 520 Cates Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/18/2025

Price Reduced

$3,500,000

-16.67%

MLS

10/01/2024

Listed

$4,200,000

—

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

Tax History for 520 Cates Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$1,703

-3%

$90,505

-11%

2023

$1,764

37%

$101,751

-3%

2022

$1,287

—

$105,223

52%

2022

$1,287

-82%

$69,101

10%

2021

$7,320

594%

$62,547

18%

2020

$1,055

-12%

$52,797

-1%

2018

$1,196

16%

$53,409

17%

2017

$1,033

-24%

$45,660

-27%

2016

$1,358

-2%

$62,430

-2%

2015

$1,391

17%

$63,460

14%

2019

$1,186

21%

$55,840

5%

2013

$977

—

$52,936

19%

2013

$977

—

$44,567

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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520 Cates Road, Van Alstyne, TX 75495 (MLS# 20742636) is a Farm property with a lot size of 68.382 acres. 520 Cates Road is currently listed for $3,500,000 and was received on October 01, 2024. Want to learn more about 520 Cates Road? Do you have questions about finding other Farm 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.

520 Cates Rd Van Alstyne, TX 75495