About 520 Cates Road
PHASE 1 of the master-planned development for 1-acre lots has received FULL APPROVAL from the City of Van Alstyne and is ready for immediate construction. All necessary entitlements are in place, allowing developers to move forward without delays and start building right away. 68.3-acre property with quick access to Van Alstyne and US Hwy 75, located in the highly sought-after VAISD. This beautiful tract features rolling terrain, mature trees, a scenic pond, native grasses, and a fully fenced perimeter. Adjacent acreage to the north is currently under development, adding to the area’s growth and future value. Ideally situated just 20 minutes from McKinney and 45 minutes from the intersection of US-75 and I-635. The property is located outside city limits. Water is provided by South Grayson Water Co-op, and electricity is available through Grayson-Collin Electric Co-op. An AG exemption is currently in place. DO NOT TRESPASS. Contact the listing agent for access.
Price Change History
| Date | Details | Price |
|---|---|---|
| Sep 15, 2026 | Price Reduced from $3,000,000 to $2,900,000 | $2,900,000 |
| May 16, 2026 | Price Reduced from $3,400,000 to $3,000,000 | $3,000,000 |
| Apr 15, 2026 | Price Reduced from $3,500,000 to $3,400,000 | $3,400,000 |
Features of 520 Cates Road
| MLS® # | 20742636 |
|---|---|
| Price | $2,900,000 |
| Acres | 68.38 |
| Year Built | 1915 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Active |
Community Information
| Address | 520 Cates Road |
|---|---|
| Subdivision | none |
| City | Van Alstyne |
| County | Grayson |
| State | Texas |
| Zip Code | 75495-2488 |
Amenities
| Utilities | Asphalt, Co-op Electric, Co-op Water, Outside City Limits, Overhead Utilities, No City Services |
|---|---|
| Is Waterfront | No |
| Waterfront | Creek |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Cleared |
|---|
School Information
| District | Van Alstyne ISD |
|---|---|
| Elementary | Bob and Lola Sanford |
| High | Van Alstyne |
Additional Information
| Date Listed | October 1st, 2024 |
|---|---|
| Days on Market | 714 |
| Zoning | Ag-exemption. |
Listing Details
| Agent | Silvana Azpiazu |
|---|---|
| Office | Monument Realty |
| Contact Info | 734-765-2902 |