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5393 Highway 5
Van Alstyne, TX 75495
5393 TX 5, Van Alstyne · Land For Sale
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12.60 AC


INVESTMENT HIGHLIGHTS
- 596 feet of road frontage on TX-5, located outside and adjacent to the city limits.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,800,000 | Lot Size | 12.60 AC |
| Price Per AC | $142,857.14 |
| Price | $1,800,000 |
| Price Per AC | $142,857.14 |
| Lot Size | 12.60 AC |
The 12.6 acre property incudes 596 feet of Hwy 5 road Frontage. The property is located outside the city limits of Van Alstyne. The city limits is adjacent to the subject properties southern border. New survey is almost complete.
DESCRIPTION
The 12.6 acre property incudes 596 feet of Hwy 5 road Frontage. The property is located outside the city limits of Van Alstyne. The city limits is adjacent to the subject properties southern border. New survey is almost complete. There are several proposed and approved planned developements surrounding this property. A large developement in the city of Howe was just approved on Blythe Road to the north and several housing communities to the south. This is a great commercial opportunity for a business wanting to be located in or out of the city limits. The property currently has a large home with a new roof and new HVAC, fenced and two outbuildings of 20 x 30 each, providing rental income opportunity until development plans begin.
PROPERTY TAXES
| Parcel Number | 213657 | Improvements Assessment | $27,347 |
| Land Assessment | $10,532 | Total Assessment | $37,879 |
