992 Tolson Ave, Van Alstyne, TX 75495
FOR SALE
49.46 ACRES

992 Tolson Ave
Van Alstyne, TX 75495

    $7,500,000

    Est. Mortgage $46,260/mo*
    Get Pre-Qualified

    $7,500,000

    Est. Mortgage $46,260/mo*
    Get Pre-Qualified
    (on 49.46 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    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 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.

    Home Highlights

    Parking
    No Info
    Outdoor
    Yes
    A/C
    Heating & Cooling
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 992 Tolson Ave

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
    Heating & Cooling
    Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Exterior Home Features
    Patio / Porch: CoveredFencing: Barbed Wire, Gate
    Frontage
    Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 184Days on Market: 180+

    Property Information

    Year Built
    Year Built: 1986
    Property Type / Style
    Property Type: LandProperty Subtype: Improved Land
    Property Information
    Usage of Home: Development, Residential, Single FamilyNot Included in Sale: Curtains and curtain rods in the house.Parcel Number: 135776

    Price & Status

    Price
    List Price: $7,500,000
    Status Change & Dates
    Possession Timing: Negotiable

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: Van AlstyneCommunity: McKinney James & HRS AG0770
    School Information
    Elementary School: Bob and Lola SanfordElementary School District: Van Alstyne ISDJr High / Middle School District: Van Alstyne ISDHigh School: Van AlstyneHigh School District: Van Alstyne ISD

    Agent Information

    Listing Agent
    Listing ID: 21001734

    HOA

    No HOA

    Lot Information

    Lot Area: 49.46 Acres

    Offer

    Listing Terms: Cash, Conventional, 1031 Exchange

    Miscellaneous

    Mls Number: 21001734Living Area Range Units: Square FeetAttribution Contact: 903-893-5921Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48181-N-135776-R-N
    Last check for updates: about 11 hours ago
    Listing courtesy of SHERRY SMITH 0465643, (903) 893-5921
    Ebby Halliday Realtors, 903-893-5921
    Source: NTREIS, MLS#21001734
    Also Listed on Ebby Halliday Realtors, NTREIS.

    Price History for 992 Tolson Ave

    DatePriceEventSource
    07/16/2025$7,500,000Listed For SaleNTREIS #21001734

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    Property Tax and Assessment

    Year2025
    Tax$1,086
    Assessment$2,319,377
    Home facts updated by county records

    Comparable Sales for 992 Tolson Ave

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    McKinney Cir, Van Alstyne, TX
    0.38
    Lot/Land
    -
    11/11/25
    -
    -
    Tbd E Jefferson St, Van Alstyne, TX
    0.55
    Lot/Land
    -
    05/28/26
    -
    -
    W Jefferson St, Van alstyne, TX
    0.91
    Lot/Land
    -
    09/29/25
    -
    -
    238 Spain Rd, Van Alstyne, TX
    1.10
    Lot/Land
    -
    04/06/26
    -
    -
    Texana Street Texana St, Van Alstyne, TX
    1.08
    Lot/Land
    -
    05/26/26
    -
    -
    109 Simmons Loop, Van Alstyne, TX
    2.15
    Lot/Land
    -
    12/16/25
    -
    -
    Willy Vester Rd, Van Alstyne, TX
    2.14
    Lot/Land
    -
    11/14/25
    -
    -
    Jay Rd, Van Alstyne, TX
    2.50
    Lot/Land
    -
    12/04/25
    -
    -
    594 Cold Springs Rd, Van Alstyne, TX
    2.09
    Lot/Land
    -
    06/16/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 992 Tolson Ave.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Van Alstyne

    At least 45 Trulia users voted on each feature.

    • 92 % Say yards are well-kept

    • 91 % Say parking is easy

    • 87 % Say people would walk alone at night

    • 87 % Say car is needed

    • 81 % Say it's dog friendly

    • 80 % Say kids play outside

    • 72 % Say it's quiet

    • 71 % Say there's holiday spirit

    • 68 % Say there's wildlife

    • 66 % Say neighbors are friendly

    • 58 % Say they plan to stay for at least 5 years

    • 48 % Say there are community events

    • 41 % Say there are sidewalks

    • 38 % Say it's walkable to grocery stores

    • 37 % Say it's walkable to restaurants

    • 37 % Say streets are well-lit

    Sourced by Trulia users. Learn more about our methodology.
    • Jeff198484
      "Know idea. It’s a ranch area with a small downtown and a farmers market. Very safe and kind people with lots of land owners and cattle. Very nice place with a sense of community "
      0
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    • Amanda Flack
      "We live outside of the city limits and love the quiet and being surrounded by farmland and nature. We are still close enough to town to get there in a few minutes. "
      1
      Flag
    • Trulia User
      "I have lived in Van Alstyne for over 11years. Small feel with many opportunities. Good schools. Need grocery store due to small locally owned one closing down. Great downtown area for families with many town activities and festivals year around! "
      0
      Flag
    • Sabrina Vallet
      "Loud noises and right in the center of town we have fireworks for the 4th of July and the dogs go insane "
      0
      Flag
    • Amanda Flack
      "In a word, terrible. 75 is under construction and it takes forever to get anywhere. Within town it’s quick, as long as it’s not during peak traffic. The infrastructure cannot handle the current load. The mornings take 15 minutes or longer to get through the main light. And the evenings are worse. No one knows how to use a two-way service road and you’ll sit at the main light for 20+ minutes unless you can go a different way. "
      0
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    • Donna M.
      "small inner city street’s. cars go to fast. watch when waking or in your yard. neighbors very friendly!"
      4
      Flag
    • Txgirl06
      "Great place to live! Lots of community things we do. Fall Festival! Community Halloween. Most the people here are very friendly and helpful "
      1
      Flag
    • Txgirl06
      "Fall festival. The City get together. Community gets together and have a good time at Halloween in town"
      1
      Flag
    • Txgirl06
      "Great place to live! We have a fall festival, Halloween is lots of fun you would love it! Everyone is very nice wave when you go down the street"
      0
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    • Chuck M.
      "good people, farm families and nice quite town. Police are very good keeping the peace, friendly and wholesome "
      0
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    • Drarge56
      "Just one gentlemen walks his dog others have acreage and animals are contained in safe areas Friendly pet owner waive at each other’s with grace "
      0
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    • Julie L
      "An hour North of Dallas. Centrally located between McKinney and Sherman. Central Expressway, State Hwy 121 and Sam Rayburn Toll Road are the main routes"
      0
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    • Jlanicek
      "Farmers Market every Tuesday Love summer concerts Shopping downtown is fun Fall festival includes the whole community "
      1
      Flag

    LGBTQ Local Legal Protections

    SHERRY SMITH, Ebby Halliday Realtors, 903-893-5921
    Agent Phone: (903) 893-5921
    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.
    992 Tolson Ave, Van Alstyne, TX 75495 is a lot/land built in 1986. This property is currently available for sale and was listed by NTREIS on Jul 16, 2025. The MLS # for this home is MLS# 21001734.