992 Tolson Ave

Van Alstyne, TX 75495

$7,500,000
Price
2,154,477 / 49.46
Lot Size / Acres
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Description

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...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.
  1. Listed by SHERRY SMITH • TREC #0465643 • Ebby Halliday Realtors • 903-893-5921

Property Details for 992 Tolson Avenue

Subdivision Name
McKinney James & HRS AG0770
Zoning Description
Residential
LISTING UPDATED: 01/16/2026 09:53 PM

Property Details for 992 Tolson Avenue

StatusActive
MLS #21001734
Days on Market352
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built1986
Lot Size49.46 AC
CountyGrayson County
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Location

Listing Courtesy of Ebby Halliday Realtors, SHERRY SMITH
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Building Information for 992 Tolson Avenue

Lot Size49.46 AC

Payment Calculator

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$37,467 per month

30 year fixed, 6.36% Interest

Principal and Interest

$37,373

Property Taxes

$94

HOA Dues

$0

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Property Information for 992 Tolson Avenue

Summary
Location and General Information
  • Directions: At Highway 75 East on Van Alstyne Parkway (FM 121), South on Waco, East on Jefferson (FM 121), North on Pearl to Tolson & the property on the right. To see land off of Lincoln Park Road, continue East on Jefferson (FM 121), North on Lincoln Park Road & the property on the left.
  • Elementary School: Bob and Lola Sanford
  • Elementary School Name: Bob and Lola Sanford
  • High School: Van Alstyne
  • High School Name: Van Alstyne
  • Intermediate School: Van Alstyne
  • Junior High School: Van Alstyne
  • School District: Van Alstyne ISD
  • Geocode Confidence: High
  • Latitude: 33.43
  • Longitude: -96.57
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: G-0770 MCKINNEY JAMES &HRS A-G0770, ACRES 49.
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Heating: Central
  • Cooling: Central Air
Exterior Features
  • Exterior Features: Covered Patio/Porch
  • Fencing: Barbed Wire, Gate
  • Number Of Tanks And Ponds: 1
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Co-op Electric, Phone Available
Property and Assessments
  • AG Exemption: Yes
  • Exclusions: Curtains and curtain rods in the house.
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: None
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: Utilities
  • Lot Features: Acreage, Agricultural, Irregular Lot, Landscaped, Many Trees, Pasture, Rolling Slope
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 49.46
  • Lot Size Area: 49.46
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2154477.6
  • Multi Parcel ID: No
  • Parcel Number: 135776
  • Road Frontage: City Street
  • Current Use: Agricultural, Pasture, Residential, Single Family
  • Road Surface Type: Asphalt

Property History for 992 Tolson Avenue

DateEvent & SourcePriceAppreciation
Jul 16, 2025

Listed (Active)

NTREIS #21001734

$7,500,000—
DateEvent & SourcePrice
07/16/2025

Listed (Active)

NTREIS #21001734

$7,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 992 Tolson Avenue

Taxable ValueLand$45,107Additions$192,597Total$237,704
Tax Record2024$1,123 ($94 / month)
Home Facts
Beds0Total Finished SqFt1,649 SqFtAbove Grade Finished SqFt1,649 SqFtLot Size2,154,478 SqFtStyleMiscellaneous ResidentialYear Built1986Year Renovated1995CountyGRAYSONAPN313 0770036

Schools near 992 Tolson Avenue

This home is within Van Alstyne Independent School District.
Rating
School
Type
Grades
Distance
Bob and Lola Sanford Elementary School
Public - PK to 4
Van Alstyne Junior High School
Public - 7 to 8
Van Alstyne High School
Public - 9 to 12
Rating
School
Distance
Bob and Lola Sanford Elementary School
PublicPK to 4

Van Alstyne Junior High School
Public7 to 8

Van Alstyne High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 992 Tolson Avenue, Van Alstyne, TX 75495

992 Tolson Avenue is a 49.46 ac of land for sale in Van Alstyne, TX 75495. This property was listed for sale on July 16, 2025 by Ebby Halliday Realtors, it's currently listed at $7,500,000. This listing's school district is Van Alstyne Independent School District. Nearby schools include Bob and Lola Sanford Elementary School, Van Alstyne Junior High School and Van Alstyne High School. 992 Tolson Avenue is a 0-bed, 0-bath, 49.46 ac of land built in 1986 on a 2,154,477 sq. ft. / 49.46 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ebby Halliday Realtors, SHERRY SMITH

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 01/16/2026 09:53 PM