Listing provided courtesy of Benton-Luttrell Real Estate CoMLS# 21158301MLS ProviderContact Information: Thomas Smith - 903-482-8400
  • 160 days on site
  • 5 views

The Subject 1.953 acre tract is located JUST WALKING DISTANCE from Van Alstyne's thriving downtown Social District and HAS FRONTAGE on both E. Fulton and Sherman Streets. The Subject tract is presently zoned SF-65. Huge selling point here - this tract is OPEN TO MULTIPLE USES AND CONFIGURATIONS - as a LARGE SECLUDED FAMILY ESTATE close to town, SEVERAL LOTS for a family enclave, or a close in SUBDIVISION WITH MULTIPLE LOTS. In fact, the City has favorably reviewed preliminary plans for a six (6) lot subdivision on the site, but a FINAL PLAT has NOT BEEN SUBMITTED as yet - so the BUYER HERE is open to working with the City to formulate a final plan that best works for the BUYER on an SF-65 zoned tract. The Subject tract was recently cleared and contoured, so this tract is ready for development. This tract has frontage ON BOTH FULTON AND SHERMAN STREETS, with 152 feet on Fulton and 206 feet on Sherman, for total road frontage of 358 feet. These tracts DON'T COME to the market often, a developable tract with SF-65 zoning SO CLOSE to Downtown and Van Alstyne's Social District - a tract that's available as a SINGLE FAMILY ESTATE, a FAMILY ENCLAVE, a SUBDIVISION, or anything that SF-65 zoning allows. With the clearing work already done, this tract could likely get through final City approvals and be ready for development in 60-90 days. The Subject tract HAS NOT been in Ag Status for several years, so no large tax rollbacks will accrue to the Buyer. Please be advised that all statements contained herein HAVE BEEN DILIGENTLY RESEARCHED AND ARE BELIEVED TO BE FACTUALLY CORRECT. However, the Buyer and Buyer's Agent WILL NEED AND WANT TO VERIFY ALL STATEMENTS contained herein as a matter of DUE DILIGENCE to confirm their complete veracity.

Source: North Texas MLS, MLS#: 21158301

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  • Property Type
    Land
  • Lot
    1.95 acres

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 402 E Fulton Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/10/2026Source: North Texas MLS Price Reduction
$399,500 -10.6%
1/21/2026Source: North Texas MLS Added to Database
January 21, 2026
2/26/2025Source: North Texas MLS Added to Database
February 26, 2025
2/21/2025Source: North Texas MLS Added to Database
February 21, 2025