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Van Alstyne 75495
992 Tolson Avenue
$7,500,000
● Land - For Sale

992 Tolson Avenue

Van Alstyne, TX 75495
bedrooms
Studio
bathrooms
0 Bath
$37,308
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
49.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$481
HOA Dues
-
Year Built
1986

Listed By

Sherry Smith
Premier Legacy Real Estate LLC

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Last updated: 11 days ago (NTREIS #21001734)

Price History

Date / Event Date Event Price
Jul 16, 2025 Listed by Ebby Halliday Realtors $7,500,000
Listed by Ebby Halliday Realtors

Property Highlights

Air Conditioning
Exterior Details
Year Built: 1986
Lot Features: Agricultural, Irregular Lot, Landscaped, Many Trees, Pasture, Rolling Slope, Acreage
Lot Size Area: 49.46
Lot Size Units: Acres
Lot Size Acres: 49.46
Lot Size Square Feet: 2154477.6
Financial Details
Tax Annual Amount: $5,774
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 4
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,154,478
  • Total Building Area: 2,177
  • Gross Building Area: 2,177
  • Building Area: 2,177
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: MCKINNEY JAMES &HRS A-G0770
  • Land Acres: 0000049460
  • Standard Land Use Code: 7001
  • County Land Use Code: D2
  • State Land Use Code: D2
  • Mobile Home Indicator: T
  • Legal Description 1: G-0770 MCKINNEY JAMES &HRS A-G0770, ACRES 49.46

Neighborhood

  • School District Name: Van Alstyne Independent School District
  • Census Tract: 001803

Geography

  • Assessors Map Reference: 377-U
  • Parcel: 135776
  • Municipality: VAN ALSTYNE
  • Latitude: 33.4275
  • Longitude: -96.5703

    Address

  • Full Address: 992 Tolson Ave
  • Address - House Number: 992
  • Address - Street Name: Tolson
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Van Alstyne
  • Carrier Code: R004
  • 4-Digit Zip Code: 5101
  • Zip Code: 75495

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,455
  • Tax Rate Code Area: SVA

    Market Valuation

  • Market Total Value: $1,195,222
  • Market Land Value: $989,200
  • Market Improvement Value: $206,022

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $215,812

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11459
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Van Alstyne


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Frequently Asked Questions

When was property at 992 Tolson Avenue built and last sold?
The property at 992 Tolson Avenue was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 992 Tolson Avenue is $7,575,000.
What are some comparable homes to 992 Tolson Avenue?
There are currently no comparable homes to 992 Tolson Avenue.