About 5393 Tx 5
This exceptional 12.6-acre property located at 5393 Highway 5 offers a premier investment opportunity directly adjacent to the Van Alstyne city limits. Positioning is key, and with approximately 524 feet of high-visibility road frontage along State Highway 5, this tract captures significant traffic counts in a rapidly growing corridor. Currently zoned agriculture with a valuable tax exemption in place, the land features a residence and two outbuildings situated on approximately one acre, providing immediate utility or potential rental income while you plan for future development. Because the property sits just outside city limits, it offers immense flexibility for end-users and investors alike; potential uses are nearly endless, ranging from self-storage and warehousing to office parks or retail centers. Whether you are looking to capitalize on the area’s expansion or secure a strategic site for your own business, this property combines location, versatility, and agricultural tax benefits into one outstanding package
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 29, 2026 | Status Changed from Pending to Closed | Closed |
| May 19, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Apr 2, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Mar 23, 2026 | Price Reduced from $1,670,000 to $1,550,000 | $1,550,000 |
Features of 5393 Tx 5
| MLS® # | 21112809 |
|---|---|
| Price | $1,550,000 |
| Acres | 12.68 |
| Year Built | 1992 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Closed |
Community Information
| Address | 5393 Tx 5 |
|---|---|
| Subdivision | none |
| City | Van Alstyne |
| County | Grayson |
| State | Texas |
| Zip Code | 75495-3220 |
Amenities
| Utilities | Aerobic Septic, Co-op Electric, Co-op Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage |
|---|
School Information
| District | Van Alstyne ISD |
|---|---|
| Elementary | John and Nelda Partin |
| High | Van Alstyne |
Additional Information
| Date Listed | November 18th, 2025 |
|---|---|
| Date Sold | June 18th, 2026 |
| Days on Market | 301 |
| Zoning | Southern boundry of property is adjacent to the city limits of Van Alstyne. |
Listing Details
| Agent | Wayne Myers |
|---|---|
| Office | Keller Williams Prosper Celina |
| Contact Info | 972-382-8882 |