520 Cates Rd

Van Alstyne, TX 75495

$3,000,000
Price
2,978,719 / 68.38
Lot Size / Acres
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Description

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....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.
  1. Listed by Silvana Azpiazu • TREC #0753051 • Monument Realty • 734-765-2902

Property Details for 520 Cates Road

Subdivision Name
none
Zoning Description
Ag-exemption.
LISTING UPDATED: 05/16/2026 03:22 PM

Property Details for 520 Cates Road

StatusActive
MLS #20742636
Days on Market593
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built1915
Lot Size68.38 AC
CountyGrayson County
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Location

Listing Courtesy of Monument Realty, Silvana Azpiazu
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Building Information for 520 Cates Road

Lot Size68.38 AC

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$15,249 per month

30 year fixed, 6.46% Interest

Principal and Interest

$15,107

Property Taxes

$142

HOA Dues

$0

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Property Information for 520 Cates Road

Summary
Location and General Information
  • Directions: From US 75 exit 51. Go east on FM 121. North on Cates Road. Sign on the right.
  • Elementary School: Bob and Lola Sanford
  • Elementary School Name: Bob and Lola Sanford
  • High School: Van Alstyne
  • High School Name: Van Alstyne
  • Junior High School: Van Alstyne
  • Senior Community Yes/No: No
  • School District: Van Alstyne ISD
  • Geocode Confidence: High
  • Latitude: 33.44
  • Longitude: -96.55
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: G-0636 JONES HARDY A-G0636, ACRES 68.382
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Fencing: Barbed Wire
  • Waterfront Features: Creek
  • Horse Amenities: Barn(s), Electric to Barn, Hay Barn
Property
Utilities
  • Utilities: Asphalt, Co-op Electric, Co-op Water, Outside City Limits, Overhead Utilities, No City Services
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: Cash
  • Loan Type: Treat As Clear
  • Restrictions: None
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: Electric
  • Lot Features: Acreage, Cleared
  • Lot Size: 50 to =< 100 Acres
  • Lot Size Acres: 68.382
  • Lot Size Area: 68.382
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2978719.92
  • Multi Parcel ID: No
  • Parcel Number: 133529
  • Road Frontage: City Street
  • Soil Type: Clay
  • Current Use: Agricultural
  • Road Surface Type: Asphalt

Property History for 520 Cates Road

DateEvent & SourcePriceAppreciation
May 16, 2026

Price Change

NTREIS #20742636

$3,000,000—
Apr 15, 2026

Price Change

NTREIS #20742636

$3,400,000—
Sep 18, 2025

Price Change

NTREIS #20742636

$3,500,000—
DateEvent & SourcePrice
05/16/2026

Price Change

NTREIS #20742636

$3,000,000
04/15/2026

Price Change

NTREIS #20742636

$3,400,000
09/18/2025

Price Change

NTREIS #20742636

$3,500,000

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

Public Records for 520 Cates Road

Taxable ValueLand$61,633Additions$28,872Total$90,505
Tax Record2024$1,703 ($142 / month)
Home Facts
Beds0Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtLot Size2,978,720 SqFtStyleMiscellaneous ResidentialYear Built1915Year Renovated1968CountyGRAYSONAPN286 0636009

Schools near 520 Cates Road

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 520 Cates Road, Van Alstyne, TX 75495

520 Cates Road is a 68.38 ac of land for sale in Van Alstyne, TX 75495. This property was listed for sale on October 1, 2024 by Monument Realty, it's currently listed at $3,000,000. It has been on the market for a total of 593 days and was last sold on March 26, 2022. 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. 520 Cates Road is a 0-bed, 0-bath, 68.38 ac of land built in 1915 on a 2,978,719 sq. ft. / 68.38 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Monument Realty, Silvana Azpiazu

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: 05/16/2026 03:22 PM