About Grayson Drive
Prime ±25 acres along FM 691 inside Denison city limits, with city water and sewer access and exceptional dual frontage on FM 691 and Theresa Dr. FM 691 is a key east-west corridor between US-75 and Texoma Parkway, serving the Sherman–Denison trade area. The site sits in the heart of the region’s medical and hospitality growth—Texoma Medical Center approx. 414 beds; ~88,000 patients treated anchors the US-75 and FM 691 intersection, with new medical offices and services nearby. Hilton Garden Inn and the Texoma Event Center at US-75 and FM 691 provide a regional destination for conferences and community events. With excellent visibility, utilities, and multiple access points, this tract is ideal for medical or office, retail, hospitality, or mixed-use development - subject to city approvals. Buyer to verify all information, including utilities, zoning, and dimensions.
Price Change History
| Date | Details | Price |
|---|---|---|
| Apr 27, 2026 | Price Reduced from $1,900,000 to $1,599,999 | $1,599,999 |
Features of Grayson Drive
| MLS® # | 21104922 |
|---|---|
| Price | $1,599,999 |
| Acres | 25.00 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | Grayson Drive |
|---|---|
| Subdivision | Shelp; Shannon |
| City | Denison |
| County | Grayson |
| State | Texas |
| Zip Code | 75020 |
Amenities
| Utilities | Asphalt, City Water, Electricity Available, Sewer Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Many Trees |
|---|
School Information
| District | Denison ISD |
|---|---|
| Middle | Henry Scott |
| High | Denison |
Additional Information
| Date Listed | November 5th, 2025 |
|---|---|
| Days on Market | 314 |
| Zoning | Residential Single Family 7.5 (7,500 sq ft.) |
Listing Details
| Agent | Greg Fife |
|---|---|
| Office | Butch Fife, REALTORS |
| Contact Info | 903-891-3066 |