49.46 Acres in Van Alstyne, Texas. Prime for Development or Private Retreat! Nestled in a picturesque setting with trees and a pond, this 49.46-acre property offers exceptional potential in the fast-growing community of Van Alstyne, Texas. The entrance to the house is located on Tolson, with frontage along Lincoln Park Road, adjacent to a newly developed subdivision. This land presents a prime opportunity for residential development or a stunning private estate. Currently benefiting from an agricultural exemption, the property features a three-bedroom two-bath home with scenic views of the surrounding land, a 50x30 insulated shop with a concrete slab and electric service, and an old red barn—utilities provided by the City for water, Oncor for electricity, and Atmos for natural gas. Whether you're a developer looking for your next project or a buyer searching for the perfect piece of Texas to call home, this tract offers endless possibilities.
Lot/land
$7,500,000
992 Tolson Ave, Van Alstyne, TX 75495
--beds
--baths
49.46Acres
Improved Land
Built in 1986
49.46 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Old red barnScenic viewsTrees and a pond
- 447 days
- 35
- 0
Zillow last checked:
Listing updated:
Listed by:
SHERRY SMITH 0465643 903-893-5921,
Ebby Halliday Realtors 903-893-5921
Source: NTREIS,MLS#: 21001734
Facts & features
Interior
Property
Features
- Patio & porch: Covered
- Fencing: Barbed Wire,Gate
Lot
- Size: 49.46 Acres
- Features: Acreage, Agricultural, Irregular Lot, Landscaped, Pasture, Rolling Slope, Many Trees, City Lot
Details
- Parcel number: 135776
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Mckinney James & Hrs Ag0770
HOA
- Has HOA: No
Location
- Region: Van Alstyne
Financial & listing details
- Tax assessed value: $2,319,377
- Annual tax amount: $5,774
- Date on market: 7/16/2025
- Cumulative days on market: 447 days
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Curtains and curtain rods in the house.
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Listed for sale | $7,500,000 |
Source: NTREIS #21001734 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,086 -3.3% | $2,319,377 -8.7% |
| 2024 | $1,123 +0.2% | $2,541,401 +9.4% |
| 2023 | $1,121 -22.1% | $2,323,056 +96.4% |
| 2022 | $1,439 +1.4% | $1,182,695 +19.2% |
| 2021 | $1,418 | $992,217 +26.4% |
| 2020 | -- | $784,974 -11.6% |
| 2019 | $1,424 -5.7% | $887,998 +357.6% |
| 2018 | $1,510 -5.8% | $194,058 +28.3% |
| 2017 | $1,604 | $151,274 +8.5% |
| 2016 | $1,604 | $139,459 +3% |
| 2015 | -- | $135,380 +44.2% |
| 2012 | -- | $93,902 -20.9% |
| 2011 | -- | $118,746 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75495
Nearby schools
Schools provided by the listing agent
- Elementary: Bob and Lola Sanford
- Middle: Van Alstyne
- High: Van Alstyne
- District: Van Alstyne ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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