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Investment Highlights

  • The Site is strategically located approximately 4.5 miles east of US-377, 7 miles south of US-82, and 7.5 miles west of Highway 289.
  • Downtown Collinsville is located five minutes west, Whitesboro is ten minutes northwest, and Sherman/Denison is thirty minutes northeast.
  • The population of Collinsville was 2,128 in 2025, a 13.31 percent increase since 2020 per the US Census Bureau.
  • Within Collinsville ISD and approximately a five minute drive from Collinsville High School and Collinsville Elementary School.
  • The Site is located in Grayson County, offering development flexibility as there is no city zoning in place.
  • The median household income within one mile of the Site is $136,584, and as of January 2026.

Executive Summary

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase two land tracts (191.38+/- acres & 100+/- acres) located along Bates Road and Southmayd Road near Collinsville, TX in Grayson County. The Sites are available for purchase together or separately. The Sites are situated centrally between US-377 and the future Grayson County Tollway, approximately 4.5 miles east of US-377, a major north–south thoroughfare in North Texas, which provides convenient access south through the Dallas-Fort Worth metroplex. Located just east of downtown Collinsville, the tracts are well positioned within a rapidly growing North Texas market. With attractive pricing, this represents an exceptional opportunity to acquire well-located land with strong long-term development potential. Please note, boundaries shown on aerials are approximate. Final boundaries to be determined with survey at closing.
A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity.

Property Facts

Price $14,397,758 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 291.38 AC
Zoning Grayson County

1 Lot Available

Lot

Price $14,397,758 CAD
Price Per AC $49,412.31 CAD
Lot Size 291.38 AC
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
437092
Land Assessment
$64,208 CAD
Improvements Assessment
$0 CAD
Total Assessment
$64,208 CAD
  • Listing ID: 40060031

  • Date on Market: 2026-04-07

  • Last Updated:

  • Address: Bates Road and Southmayd Road, Collinsville, TX 76233

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