About 5367 Fm-121
Rare opportunity on highly desirable FM 121 in Van Alstyne ISD! Situated on approximately 2.9 acres with excellent road frontage and visibility, this versatile property offers endless possibilities. The standout feature is the massive shop, providing abundant space for a workshop, storage, equipment, hobbies, or future conversion. Whether you're looking for a place to build your dream home or create a live-work property, this acreage offers the flexibility to make it happen. Conveniently located just minutes from US-75 with easy access to Van Alstyne, McKinney, Sherman, and the rapidly growing North Texas corridor. Properties with this combination of acreage, location, visibility, and a substantial shop are increasingly hard to find. Don't miss this exceptional opportunity!
Status Change History
| Date | Details | Status |
|---|---|---|
| Sep 21, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Sep 8, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Aug 4, 2026 | Price Reduced from $400,000 to $350,000 | $350,000 |
Features of 5367 Fm-121
| MLS® # | 21332949 |
|---|---|
| Price | $350,000 |
| Acres | 2.95 |
| Year Built | 2024 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Pending |
Community Information
| Address | 5367 Fm-121 |
|---|---|
| Subdivision | Magnolia Farms |
| City | Van Alstyne |
| County | Grayson |
| State | Texas |
| Zip Code | 75495 |
Amenities
| Utilities | Asphalt |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Cleared, Few Trees, Many Trees |
|---|
School Information
| District | Van Alstyne ISD |
|---|---|
| Elementary | Bob and Lola Sanford |
| High | Van Alstyne |
Additional Information
| Date Listed | July 16th, 2026 |
|---|---|
| Days on Market | 67 |
| Zoning | residential |
Listing Details
| Agent | Kimberly Uselton |
|---|---|
| Office | Keller Williams North Country |
| Contact Info | 972-382-8882 |