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$2,900,000 -$100,000 (-3.33%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 68.382 Acres
  • Updated 1 day ago
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PHASE 1 of the master-planned development for 1-acre lots has received FULL APPROVAL from the City of Van Alstyne and is ready for immediate construction. All necessary entitlements are in place, allowing developers to move forward without delays and start building right away. 68.3-acre property with quick access to Van Alstyne and US Hwy 75, located in the highly sought-after VAISD. This beautiful tract features rolling terrain, mature trees, a scenic pond, native grasses, and a fully fenced perimeter. Adjacent acreage to the north is currently under development, adding to the area's growth and future value. Ideally situated just 20 minutes from McKinney and 45 minutes from the intersection of US-75 and I-635. The property is located outside city limits. Water is provided by South Grayson Water Co-op, and electricity is available through Grayson-Collin Electric Co-op. An AG exemption is currently in place. DO NOT TRESPASS. Contact the listing agent for access.

Full Property Details for 520 Cates Rd

General

  • Price: $2,900,000
  • Taxes: $1,895
  • Status: Active
  • Type: Lots/Land
  • Source: NTREIS
  • MLS ID: 20742636
  • Updated: 9/15/2026
  • Added to Site: 715 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
  • Middle School: Van Alstyne
  • 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

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

Schools serving 520 Cates Rd

School District:Van Alstyne Independent School District
NameGradesDistance
Bob and Lola Sanford Elementary School
300 Williams Way, Van Alstyne, TX 75495
K-41.7 mi
Van Alstyne J High School
1314 North Waco Street, Van Alstyne, TX 75495
7-81.6 mi
Van Alstyne High School
1722 North Waco Street, Van Alstyne, TX 75495
9-121.8 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 520 Cates Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2026
Price Reduced
$2,900,000
-3.33%
MLS
5/16/2026
Price Reduced
$3,000,000
-11.76%
MLS
4/15/2026
Price Reduced
$3,400,000
-2.86%
MLS
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 for 520 Cates Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,472
-17%
$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
—
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.

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*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

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Listed by Monument Realty, Silvana Azpiazu

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520 Cates Road, Van Alstyne, TX 75495 (MLS# 20742636) is a Lots/Land property with a lot size of 68.382 acres. 520 Cates Road is currently listed for $2,900,000 and was received on October 01, 2024. Want to learn more about 520 Cates Road? 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.

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