Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Water

Area & Lot

  • Lot Features

    Wooded, Rolling Slope

  • Lot Size(acres)

    432.96

  • Lot Size(square feet)

    18859737.6

  • Property Type

    Land

  • Property Sub Type

    Ranch

Price

  • Sales Price

    $5,325,408

  • Tax Amount

    $22

  • Zoning

    Rural grazing land with mineral production.

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Whitesboro

  • Middle School

    Whitesboro

  • High School

    Whitesboro

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Location

County

Grayson

Elementary School

Whitesboro

Middle School

Whitesboro

High School

Whitesboro

Listing Courtesy of LISA MODEN , Ebby Halliday Realtors

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Joe Boston

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Now offered with mineral production owned by seller included, this 432-acre recreational property adjoining Lake Texoma has been repositioned to deliver both lifestyle and income. Previously offered without this advantage, the addition of mineral royalty income significantly enhances the value and investment appeal. The sellers own approximately  1713 mineral acres with 412 acres currently unleased and extends under portions of Lake Texoma.  
This unique tract borders Lake Texoma's Corps of Engineers land with approximately 3 miles of frontage providing a natural buffer between you and the lake, creating unmatched privacy and access.
The land is ideal for hunting, fishing, ATV riding, or simply enjoying the outdoors. Terrain varies with 145 feet of elevation change, reaching 775 feet at its highest point. The property features three ponds, multiple creeks, open grazing areas, and a dense canopy of hardwoods that support abundant wildlife. Northern Grayson County is known for quality whitetail deer, while Lake Texoma offers renowned striper fishing.
The property is fenced for cattle and accessed through a single entry at Slickum Slough, offering both security and seclusion.
Large acreage tracts with direct Corps adjacency are rare, and even more so with active mineral production conveying with the surface estate. This is an opportunity to own a legacy recreational ranch with immediate income and long-term upside. Historical royalty income available upon request; buyer to verify. Existing production on or near property; mineral ownership to be verified

432 Acres Slickum Slough Road

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Positioned in the direct path of growth in Grayson County, this ±200-acre tract offers a rare opportunity for investors, developers, or 1031 exchange buyers looking to secure a strategic long-term hold. Currently ag exempt and leased for agricultural production ensures the property is well maintained for ag use while keeping holding costs low. Ideally located just south of Hwy 82 and east of Hwy 377, and west of Hwy 289, this property sits only a few miles from the proposed Dallas North Tollway expansion—one of the most anticipated infrastructure projects set to reshape the Texoma region. With approximately 3200’ of road frontage on both Macomb Cemetery Road and Davis Rd, access and future development flexibility are already in place. Utilities are within reach with Two Way Water SUD servicing the area, including a 6” water line just north of Shook Rd (buyers to verify capacity and availability for intended use). The land is unzoned with no known restrictions , opening the door for a wide range of future possibilities—from continued agricultural use to potential residential, commercial, or mixed-use development. Grayson County continues to see explosive growth driven by major employers like Texas Instruments and GlobalWafers, along with continued expansion from the DFW Metroplex. This location offers the perfect balance of rural privacy with proximity to Sherman, Denison, and the broader DFW area for dining, entertainment, and business. Recreational opportunities are also nearby, with Lake Texoma and Lake Ray Roberts both within easy reach—adding even more long-term appeal for future development or resale. Whether you're looking to land bank, develop, or secure a legacy asset in a high-growth corridor, this property checks all the boxes.
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