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$2,114,200

5187 Fm 121 Van Alstyne, TX 75495

38.4 acres
Land

Property details

About 5187 Fm 121

The old Grider home place is a landmark of Cannon Texas. The old house and barn remain. A great place to build a new home. Improved pastures fenced and cross fenced. Pastures and fencing are in great condition. Several old water wells on the property that were essential to country living before co-op water. Small creeks divide pastures with trees scattered around the property and heavily treed in the back of the property. Many beautiful trees Pecan, Oak and Cedar Elm. Would also be ideal to subdivide and make a quiet country neighborhood. All utilities along the frontage of FM 121 Located in the highly acclaimed Van Alstyne ISD.

Highlights

Home typeUnimproved Land
StatusActive
Lot size38.44 Acres
Year built1880
MLS #20995181

Virtual tour

Summary

  • List Price: $2,114,200
  • Annual Tax Amount: $758
  • Tax Year: 2024
  • Lot: Agricultural, Pasture, Few Trees, Level
  • Directions: East of Van Alstyne on FM 121 5 miles property on the North side of the road. To the left is Wolf Front Road just as a reference point. Sign on Property
  • Year Built: 1880
  • Lot Size: 38.44 Acres
  • MLS Number: 20995181
  • MLS Name: NTR
  • Office Name: Benton-Luttrell Real Estate Co
  • Office Phone: (903) 482-8400
  • Listing Agent: William Benton

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/24/2025, 11:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$50,656$758
2023$56,574$758
2022$40,715$758
2021$31,595$613
2020$30,709$613
2019$33,048$571
2018$25,528$571
2017$23,909$540

History based on county public records data.

Nearby schools

4

Tom Bean Elementary School

Public District PK-5

5.3 mi

105 N Eubanks

8

John and Nelda Partin Elementary School

Public District KG-4

5.9 mi

201 Newport Dr

6

Bob and Lola Sanford Elementary School

Public District KG-4

6.2 mi

300 Williams Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,009. The most common annual income of people living in Van Alstyne, TX is between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
48%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • DillardsDillards

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • SubaruSubaru
  • ChevroletChevrolet
  • CadillacCadillac

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5187 Fm 121

The listing price of 5187 Fm 121 property is $2,114,200.

The property 5187 Fm 121 is land located in Van Alstyne, Texas, 75495.

Active Listing: 5187 Fm 121 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5187 Fm 121 are: Tom Bean Elementary School (GreatSchools Rating 4/10), John and Nelda Partin Elementary School (GreatSchools Rating 8/10), Bob and Lola Sanford Elementary School (GreatSchools Rating 6/10), Tom Bean Middle School (GreatSchools Rating 4/10), Van Alstyne Junior High School (GreatSchools Rating 8/10), Whitewright Middle School (GreatSchools Rating 7/10), Tom Bean High School (GreatSchools Rating 7/10), Van Alstyne High School (GreatSchools Rating 7/10), Whitewright High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $758 (source: MLS/based on county public records data).

The property 5187 Fm 121 is 38.44 acres.

The year of construction for 5187 Fm 121 is 1880.

This home is located at 5187 Fm 121 in Van Alstyne, TX and zip code 75495. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $2,114,200.

Between May and June 2025, Van Alstyne, TX real estate market has seen increase in the number of listings by 7.9%. The median list price of listings available in June 2025 was $477,600, while the average time on the real estate market was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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