Tour
#20929505, Lawrence Pettit, Listing office: PARAGON, REALTORS
Property details
About 992 Tolson Ave
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.
Highlights
Home typeVacant Land
HeatingCentral
StatusActive
CoolingCentral Air
Lot size49.46 Acres
Year built1986
MLS #21001734
Virtual tour
Summary
- Heating: Central
- Cooling: Central Air
- List Price: $7,500,000
- Annual Tax Amount: $1,438
- Tax Year: 2024
- Lot: Agricultural, Irregular Lot, Landscaped, Pasture, Rolling/Hilly, Many Trees, City Lot
- Directions: At Highway 75 East on Van Alstyne Parkway (FM 121), South on Waco, East on Jefferson (FM 121), North on Pearl to Tolson & the property on the right. To see land off of Lincoln Park Road, continue East on Jefferson (FM 121), North on Lincoln Park Road & the property on the left.
- Year Built: 1986
- Lot Size: 49.46 Acres
- MLS Number: 21001734
- MLS Name: NTR
- Office Name: Ebby Halliday Realtors
- Office Phone: (903) 893-5921
- Listing Agent: SHERRY SMITH
©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.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 7/24/2025, 9:45:34 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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $258,069 | $1,438 |
| 2023 | $256,780 | $1,438 |
| 2022 | $228,339 | $1,438 |
| 2021 | $195,236 | $1,418 |
| 2020 | $180,267 | $4,654 |
| 2019 | $164,582 | $4,313 |
| 2018 | $152,145 | $4,313 |
| 2017 | $140,217 | $4,061 |
History based on county public records data.
Nearby schools
6
Bob and Lola Sanford Elementary School
Public District KG-4
0.8 mi
•300 Williams Way
8
John and Nelda Partin Elementary School
Public District KG-4
1.5 mi
•201 Newport Dr
7
Joe K. Bryant Elementary School
Public District PK-5
3.4 mi
•2725 Bryant Farm Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,584. Residents of Van Alstyne, TX typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
18%
<35k
61%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
24%
Single, No Kids
8%
Single, with Kids
40%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Texas Roadhouse
Jimmy Johns
Hardee's
What do the neighbors drive?
Subaru
Chevrolet
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
#20929494, Lawrence Pettit, Listing office: PARAGON, REALTORS
Tour
#20994465, Irina Bobrenkova, Listing office: Rogers Healy and Associates
Tour
#20939093, Kim Himes, Listing office: Kim Himes
Tour
#20823191, William Benton, Listing office: Benton-Luttrell Real Estate Co
Tour
#20989939, Krista Owens, Listing office: BK Real Estate
Tour
#20942758, Rodger Alexander, Listing office: Sudderth Real Estate, Inc.
#20833686, Delyse Raymond, Listing office: Nuckols Real Estate Services
Frequently asked questions
About 992 Tolson Ave
The listing price of 992 Tolson Ave property is $7,500,000.
The property 992 Tolson Ave is land located in Van Alstyne, Texas, 75495.
Active Listing: 992 Tolson Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 992 Tolson Ave are: Bob and Lola Sanford Elementary School (GreatSchools Rating 6/10), John and Nelda Partin Elementary School (GreatSchools Rating 8/10), Joe K. Bryant Elementary School (GreatSchools Rating 7/10), Van Alstyne Junior High School (GreatSchools Rating 8/10), Slayter Creek Middle School (GreatSchools Rating 5/10), Howe Middle School (GreatSchools Rating 6/10), Van Alstyne High School (GreatSchools Rating 7/10), Anna High School (GreatSchools Rating 7/10), Howe High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,438 (source: MLS/based on county public records data).
The property 992 Tolson Ave is 49.46 acres.
The year of construction for 992 Tolson Ave is 1986.
This home is located at 992 Tolson Ave in Van Alstyne, TX and zip code 75495. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $7,500,000.
The number of listings in Van Alstyne, TX increased by 7.9% between May and June 2025. In June 2025 median list price was $477,600 and the average listing age was 90 days.
From Rocket Homes Real Estate and based on county public records data.