2550 E  FM 120, Denison, TX 75021
Property image
Property image
FOR SALE
3D VIEW
96.27 ACRES

2550 E FM 120
Denison, TX 75021

    $2,100,000

    Original price: $2,350,000
    Est. Mortgage $13,460/mo*

    $2,100,000

    Original price: $2,350,000
    Est. Mortgage $13,460/mo*
    (on 96.27 acres)
    We estimate this home will sell faster than 93% nearby.

    Home Highlights

    Climate Control
    Heating & Cooling
    Listed
    80 days ago

    Local Information

    • Map ViewExplore the area around 2550 E FM 120.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Rare opportunity to acquire a 96± acre working equestrian ranch with the added value of owned mineral rights conveying (to be verified). Built for function and versatility, this property is ideal for trainers, ranchers, investors, or those seeking a multi-use agricultural operation.

    The ranch is equipped with a professional horse training track and starting gate, a 30-stall barn with office, corral, round pen, horse walker, grain bin and additional working pens—supporting a full-scale training program. Sandy loam soil provides excellent footing and year-round usability.

    The land is cross-fenced with a balanced mix of open pasture, wooded areas, and natural cover, well-suited for grazing, rotation, or wildlife. With four ponds and a seasonal creek, water is abundant across the property. A secondary open barn accommodates sheep or small livestock, and portions of the acreage are ideal for hay production.

    Two residences offer flexibility for living or income: a 2-bedroom-1-bath primary home and a separate 1-bedroom-1-bath residence for staff, guests, or rental use.

    With 858 feet of road frontage, the property provides strong access and future development potential. The rear boundary adjoins an inactive railroad line, adding privacy and a touch of historic character.

    Frequent whitetail deer make this property equally appealing for recreation or hunting.

    Conveniently located just minutes from Lake Texoma and approximately one hour from the Dallas-Fort Worth Metroplex, this is a rare chance to own a versatile North Texas ranch with multiple income streams and long-term upside.

    *Mineral rights to be verified by buyer; seller will convey all owned mineral rights.
    We estimate this home will sell faster than 93% nearby.

    Home Details for 2550 E FM 120

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected, Propane, Septic Available, Separate Meters, Water Available
    Heating & Cooling
    Heating: Propane,Wall FurnaceHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Propane

    Exterior Features

    Exterior Home Features
    Fencing: Barbed Wire, Cross FencedVegetation: Brush, Grassed, WoodedOther Structures: Outbuilding, Residence, Barn(s), Stable(s)
    Frontage
    Road Frontage: Farm to Market Road, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Septic Tank
    Farm & Range
    Horse Amenities: Barn, Round Pen, Stock Pen(s)Allowed to Raise Horses

    Days on Market

    Cumulative Days on Market: 73Days on Market: 80

    Property Information

    Year Built
    Year Built: 1945
    Property Type / Style
    Property Type: LandProperty Subtype: Improved Land
    Property Information
    Usage of Home: Agricultural, Cattle, Horses, Hunting, Livestock, Pasture, Poultry, Ranch, Residential, RecreationalParcel Number: 112508

    Price & Status

    Price
    List Price: $2,100,000
    Status Change & Dates
    Possession Timing: Negotiable

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: DenisonCommunity: G-0079 Blagg Thomas A-G0079
    School Information
    Elementary School: MayesElementary School District: Denison ISDJr High / Middle School: Henry ScottJr High / Middle School District: Denison ISDHigh School: DenisonHigh School District: Denison ISD

    Agent Information

    Listing Agent
    Listing ID: 21259317

    HOA

    No HOA

    Lot Information

    Lot Area: 96.27 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 21259317Living Area Range Units: Square FeetAttribution Contact: 903-786-6063
    Last check for updates: about 13 hours ago
    Listing courtesy of Michelle McCullough 0673911, (903) 786-6063
    HBL, Realtors, 903-786-6063
    Carmen Dutton 0797614, (903) 816-5672
    HBL, Realtors, (903) 786-6063
    Source: NTREIS, MLS#21259317
    Also Listed on NTREIS.

    Market trends in Denison

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $197K
    $1.25K
    MoM
    Sale-to-List Price
    96.4%
    0.1%
    MoM
    Price per sq ft
    $143
    $3
    MoM
    Available listings
    388
    3
    MoM

    Price History for 2550 E FM 120

    DatePriceEventSource
    07/02/2026$2,100,000PriceChange
    NTREIS #21259317
    05/05/2026$2,350,000Listed For SaleNTREIS #21259317
    03/28/2026$2,400,000ListingRemovedNTREIS #20847060
    02/18/2025$2,400,000Listed For SaleNTREIS #20847060

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    Property Tax and Assessment

    Year2025
    Tax$3,245
    Assessment$1,552,836
    Home facts updated by county records

    Comparable Sales for 2550 E FM 120

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.58
    Lot/Land
    -
    12/23/25
    -
    -
    0.48
    Lot/Land
    -
    07/15/26
    -
    -
    1.00
    Lot/Land
    -
    07/01/26
    -
    -
    1.22
    Lot/Land
    -
    04/21/26
    -
    -
    1.91
    Lot/Land
    -
    12/29/25
    -
    -
    1.51
    Lot/Land
    -
    04/21/26
    -
    -
    2.15
    Lot/Land
    -
    04/13/26
    -
    -
    2.22
    Lot/Land
    -
    09/24/25
    -
    -
    2.54
    Lot/Land
    -
    12/15/25
    -
    -
    2.50
    Lot/Land
    -
    09/17/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    What Locals Say about Denison

    At least 211 Trulia users voted on each feature.
    • 90 % Say car is needed

    • 89 % Say parking is easy

    • 86 % Say yards are well-kept

    • 73 % Say there's holiday spirit

    • 67 % Say kids play outside

    • 63 % Say it's dog friendly

    • 56 % Say it's quiet

    • 54 % Say they plan to stay for at least 5 years

    • 52 % Say neighbors are friendly

    • 47 % Say people would walk alone at night

    • 47 % Say there's wildlife

    • 38 % Say there are sidewalks

    • 34 % Say it's walkable to grocery stores

    • 32 % Say streets are well-lit

    • 30 % Say it's walkable to restaurants

    • 16 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Shawn Schofield
      "Near an airport that the president himself landed his plane on.. They also still train people how to fly planes there."
    • Erik Anderson
      "Great place, friendly people, lots of places to eat at… good schools and lots of sports and lots of historical places to visit "
    • Shawn Schofield
      "Lots of critters around here and you could say the neighbors may go nuts if ya have outdoor pups. As long as you have a fence what can others say, just put that beware of dog sign on to cya."
    • Candacetrotter
      "Fall Festival and the truck or treating on Main Street are always fun! I really enjoy going to the food park "
    • Heather.mahaffey
      "Short. Traffic is only due to construction. No public transportation. Takes 5-10 minutes to get to work in the neighboring town. "
    • Chelsea P.
      "we have great neighborshood watch and its quiet. More homes are being updated with new housing coming in"
    • Tami
      "This is a quaint little town and seems like a nice place to raise children. I see children playing outside pretty frequently. "
    • Joel M.
      "It’s quiet place !! Good area ! All the necessary stuff! City make a lot of complaints about if you have stuff in your back yard! Looks clean ! Just some homes that they are dirty but not to bad ! "
    • Chaunci
      "Short and sweet. Nothing is too far from anything else. The next largest city is Sherman, TX - a whopping 10 mile south of Denison. The traffic between here and there can be testy, but is rarely grueling."
    • Chuck M.
      "Certain parts of this town are great but you have to watch out for crime in certain areas. Downtown is getting better, and the country areas are wonderful "
    • David P.
      "ease of access to downtown is easy and traffic conditions are not bad here too. It's a friendly community. "
    • Susan
      "There are many things for the family to do in Denison. Mainstreet has many events like street fairs and concerts. "
    • Lindseybostic
      "Way too many pit bulls and aggressive dogs in the neighborhood. It is hard to take your dog for a walk without getting jumped on by another dog. It has happened to us more than once. "
    • Alicia W.
      "nice quiet.older neighborhood close to shopping and hwy enjoy the kept up yards and lots of trees. "
    • Elizabot M.
      "We have a great dog park in the middle of town. People are very friendly and have their dogs fenced. I have witnessed most dog owners have their dogs on leashes. There are various dog stations, like poop bags, downtown. The stores will put out a water bowl for the dogs. There’s a lot of things to do with your dog. They have a festival just for dogs in the spring. You can take your dog trick or treating and dress them up. I love living here with my family and three dogs. "
    • Eric M.
      "the city will take your pets and fine you quicker than they will let you know. had a city worker roll up on my yard woth his gun drawn."
    • Lisa And Billy Arnold
      "Nothing special about this town, it's just like any other mid sized TX town. If you don't like the heat you're looking in the wrong state."
    • Eric M.
      "city managment is horrible. the police are horrible. avoid both and its a pretty decent place as far as aging cities go. Being so close to a lake we should be much better off. road are great. if you have an ATV."
    • Eric M.
      "Rent is cheap and it is a quick and easy drive to nearby cities that actually have things going on. "
    • crystala
      "Lots of good places downtown to walk your pups! No dog park here yet but there is one at Waterloo park! "
    • Lindseybostic
      "everyone is pretty friendly... keep to themselves but there are no community events. these houses all need remodeled and then this would be a great neighborhood. But almost every house needs work."
    • Lindseybostic
      "Lots of dogs... some aggressive. Lots of pit bulls. Most people keep them put up, but occasionally they get out. makes walks kinda scary. "
    • Lisa B.
      "The only con to living in this area owning a dog is the street I live on, Morton st, is a very busy street. But thankful I have an alley in the back with plenty of parking, leaving me enough room to take her out back there. "
    • Regina
      "I drive 6 miles to work. It takes 6 minutes. Easy commute to work. There is no public transportation. "
    • Lisa B.
      "I lived in this neighborhood for three years! Convenient shopping easy commute back to work and home. "
    • Shana P.
      "Access To Many Things. Downtown Denison. Many Shops. Grocery Store. Convenient Stores. Close To Work. Fire Station Close. Nice Area"
    • Lisa B.
      "I love living in Denison. Lived here for 3 years and looking to buy land in this area! Wonderful residential area to live in. "

    LGBTQ Local Legal Protections

    Michelle McCullough, HBL, Realtors, 903-786-6063
    Agent Phone: (903) 786-6063
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    2550 E FM 120, Denison, TX 75021 is a lot/land built in 1945. This property is currently available for sale and was listed by NTREIS on May 5, 2026. The MLS # for this home is MLS# 21259317.