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$1,670,000
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Property Description
This exceptional 12.6-acre property located at 5393 Highway 5 offers a premier investment opportunity directly adjacent to the Van Alstyne city limits. Positioning is key, and with approximately 596 feet of high-visibility road frontage along State Highway 5, this tract captures significant traffic counts in a rapidly growing corridor. Currently zoned agriculture with a valuable tax exemption in place, the land features a residence and two outbuildings situated on approximately one acre, providing immediate utility or potential rental income while you plan for future development. Because the property sits just outside city limits, it offers immense flexibility for end-users and investors alike; potential uses are nearly endless, ranging from self-storage and warehousing to office parks or retail centers. Whether you are looking to capitalize on the area's expansion or secure a strategic site for your own business, this property combines location, versatility, and agricultural tax benefits into one outstanding package
Full Property Details
Full Property Details for 5393 TX-5
General
- Price: $1,670,000
- Taxes: $6,034
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21112809
- Updated: 1/12/2026
- Added to Site: 59 day(s) ago
Location
- County: Grayson
- Subdivision: none
- Driving Directions: GPS Just south of Blythe Road and Hwy 5.
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
- High School: Van Alstyne
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Residential, Single Family
- Year Built: 1992
Lot Features
- Lot Size (Acres): 12.6
- Lot Size (Sq. Ft.): 548,856
- Lot Size Source: Owner
- Frontage: Highway, Asphalt
- Lot Features: Acreage
- Zoning: Southern boundry of property is adjacent to the city limits of Van Alstyne.
Financial Considerations
- Tax Amount: $6,034
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: G-0116 BLUNDELL W B A-G0116, ACRES 12.6 acres
- Property ID: 213657
Listed by Keller Williams Prosper Celina, Wayne Myers
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Schools
Schools serving 5393 TX-5
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 | 3.7 mi |
Van Alstyne J High School 1314 North Waco Street, Van Alstyne, TX 75495 | 7-8 | 1.8 mi |
Van Alstyne High School 1722 North Waco Street, Van Alstyne, TX 75495 | 9-12 | 1.2 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 5393 TX-5
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$1,670,000
-7.22%
MLS
11/18/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5393 TX-5
5393 Tx 5, Van Alstyne, TX 75495 (MLS# 21112809) is a Lots/Land property with a lot size of 12.6 acres. 5393 Tx 5 is currently listed for $1,670,000 and was received on November 18, 2025. Want to learn more about 5393 Tx 5? 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.

