Skip main navigation
Lot/land
  • Price cut: $250K (7/2)
    $2,100,000

    2550 E Fm 120, Denison, TX 75021

    --beds
    --baths
    96.27Acres
    Improved Land
    Built in 1945
    96.27 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation. The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens—supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability. The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production. Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use. With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character. Frequent whitetail deer make this property equally appealing for recreation or hunting. Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside. *Mineral rights to be verified by buyer; seller will convey all owned mineral rights.
    64 days
    |
    58
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle McCullough 0673911 903-786-6063,

    HBL, Realtors 903-786-6063,

    Carmen Dutton 0797614 903-816-5672,

    HBL, Realtors

    Source: NTREIS,MLS#: 21259317

      Facts & features

      Interior

      Heating
      • Propane, Wall Furnace
      Cooling
      • Window Unit(s)

      Property

      Features
      • Fencing: Barbed Wire,Cross Fenced
      Lot
      • Size: 96.27 Acres
      • Features: Acreage, Agricultural, Pond on Lot, Many Trees
      • Residential vegetation: Brush, Grassed, Wooded
      Details
      • Additional structures: Outbuilding, Residence, Barn(s), Stable(s)
      • Parcel number: 112508
      • Zoning description: res/ag
      • Horses can be raised: Yes
      • Horse amenities: Barn, Round Pen, Stock Pen(s)

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Rural
      • Utilities for property: Electricity Connected, Propane, Septic Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Subdivision: G-0079 Blagg Thomas A-G0079
      HOA
      • Has HOA: No
      Location
      • Region: Denison

      Financial & listing details

      • Tax assessed value: $1,552,836
      • Annual tax amount: $3,245
      • Date on market: 5/5/2026
      • Cumulative days on market: 65 days
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,116/mo

        Price history

        DateEventPrice
        7/2/2026Price change$2,100,000-10.6%
        Source: NTREIS #21259317 Report a problem
        5/5/2026Listed for sale$2,350,000-2.1%
        Source: NTREIS #21259317 Report a problem
        3/28/2026Listing removed$2,400,000
        Source: NTREIS #20847060 Report a problem
        2/18/2025Listed for sale$2,400,000
        Source: NTREIS #20847060 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,245 +4.6%$1,552,836 +2.1%
        2024$3,102 -3.7%$1,520,566 +7.5%
        2023$3,221 +5.1%$1,414,657 +68.6%
        2022$3,065 +10.4%$839,092 +34.3%
        2021$2,776 $624,564 -0.4%
        2020-- $627,151 +1.5%
        2019$2,938 +31%$617,805 +444.2%
        2018$2,243 -23.2%$113,523 +8.7%
        2017$2,921 $104,479 +3.7%
        2016$2,921 -9.5%$100,777 -24.9%
        2015$3,226 $134,106

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75021

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mayes
        • Middle: Henry Scott
        • High: Denison
        • District: Denison ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel