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2550 E Fm 120

Denison, TX 75021
  • $2,100,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: 21259317
UPDATED: 28 min ago
$2,100,000
  • 0
    BEDS
  • 96.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
Built:
1945
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Michelle Mccullough of HBL, Realtors: 903-786-6063.

Description

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Watters International Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Watters International Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-13T22:41:36.127.
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2550 E Fm 120 Denison, TX 75021

  • Price: $2,100,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 28 min ago
  • MLS #: 21259317
0
Beds
0
Baths
0
½ Baths
96.27
Acres
1945
Built
Neighborhood:
G-0079 Blagg Thomas A-G0079
County:
Grayson
Area:
Denison
Elementary School:
Mayes
High School:
Denison
School District:
DENISON ISD
Property Description
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.
Exterior Features

Exterior Features Stable/Barn Fencing Barbed WireCross Fenced Frontage Feet 858 Horse Amenities Barn(s)Electric to BarnEquestrian CenterGoat/Sheep BarnHolding PensRound Pens Lot Description AcreageAgriculturalMany TreesTank/ Pond Lot Size Source Appraiser Road Frontage Type FM Road Road Surface Type Asphalt Soil Type Sandy Loam Tanks And Ponds 4 Waterfront YN No

Interior Features

Cooling Window Unit(s) Heating PropaneWall Furnace

Property Features

AGExemption Yes Barns 2 Barns1 1 Current Use CropsHorsesHunting/FishingPastureRanchResidentialSheep/Goats Development Zoned Easements Other HOA None Horse Permitted Yes Listing Terms CashConventional Municipal Utility District No Other Structures Barn(s)OutbuildingResidence Possession Negotiable Property Type Improved Land Restrictions No Known Restriction(s) Utilities All Weather RoadElectricity ConnectedIndividual Water MeterOutside City LimitsPropaneRural Water DistrictSeptic Will Subdivide No Zoning res/ag

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Watters International Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Watters International Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-13T22:41:36.127.
 
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Watters International Realty
1651 N Collins Blvd Suite 240
Richardson TX, 75080
Offered by Michelle Mccullough of HBL, Realtors: 903-786-6063.