Date
Details
Price
Change
Source
10/05/2026
Listed
$199,000
—
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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$199,000 Just Listed
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Property Description
Beautiful 2.108-acre lot in Magnolia Farms offering the opportunity to build your custom home in Van Alstyne! This partially wooded property features a level homesite with approximately 184 feet of frontage along FM 121 and a shared driveway entrance. Mature trees provide a scenic backdrop, with open space to envision outdoor living, a garden and room for animals. Enjoy peaceful country living while remaining convenient to nearby shopping, dining and major roadways. No HOA! Deed restrictions help guide construction and property use while allowing horses and other livestock within specified limits. Barndominiums are permitted with architectural approval, and approved barns, storage buildings or garages offer additional possibilities for your country property. Architectural approval is required before construction. The main residence must contain a minimum of 2,200 square feet, exclusive of porches, garages, patios, terraces and breezeways. No mobile or manufactured homes permitted. Owners share responsibility for maintaining the common driveway. Located in Van Alstyne ISD, this property offers space to bring your vision to life. Bring your plans and create your own piece of Texas country living!
Full Property Details
Full Property Details for 5329 FM 121
General
- Price: $199,000
- Taxes: $2,832
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21394010
- Updated: 10/6/2026
- Added to Site: 2 day(s) ago
Location
- County: Grayson
- Subdivision: Magnolia Farms
- Driving Directions: GPS Friendly.
- Dist. to Street: 184
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
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, None, Overhead Utilities, Sewer Available, Septic Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 2.108
- Lot Size (Sq. Ft.): 91,824.48
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, All Weather Road, Asphalt
- Lot Features: Acreage, Level
- Development Status: Other
- Potential Use: Agricultural, Residential, Single Family
- Trees/Vegetation: Partially Wooded
- Zoning: Residential
- Fencing (Description): Partial
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $2,832
- Terms: Cash, Conventional, Texas Vet
Disclosures and Reports
- Legal Description: MAGNOLIA FARMS, LOT 5, ACRES 2.108
- Property ID: 409304
- Lot Number: 1
Listed by Keller Williams Realty DPR, Tammy Watson
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 5329 FM 121 —
Tammy Watson
Keller Williams Realty DPR
214-682-7002
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5329 FM 121
School District:Van Alstyne Independent School District
| Name | Grades | Distance |
|---|---|---|
Bob and Lola Sanford Elementary School 300 Williams Way, Van Alstyne, TX 75495 | K-4 | 6.1 mi |
Van Alstyne J High School 1314 North Waco Street, Van Alstyne, TX 75495 | 7-8 | 5.9 mi |
Van Alstyne High School 1722 North Waco Street, Van Alstyne, TX 75495 | 9-12 | 6.2 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 5329 FM 121
Tax History
Tax History for 5329 FM 121
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,671
-40%
$159,587
—
2023
$4,487
31%
$159,587
-40%
2022
$3,435
100%
$267,673
45%
2021
100%
$184,430
85%
2021
—
$99,882
—
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 5329 FM 121
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5329 Fm-121, Van Alstyne, TX 75495 (MLS# 21394010) is a Lots/Land property with a lot size of 2.108 acres. 5329 Fm-121 is currently listed for $199,000 and was received on October 05, 2026. Want to learn more about 5329 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.