This 31.01-acre tract offers a strong opportunity for development with direct access to Highway 377 and substantial preliminary work already completed. A portion of the property lies within the City of Collinsville, with the balance located in the Collinsville ETJ. The highway frontage is currently zoned commercial, while the remaining acreage is not zoned, providing flexibility for future planning.

According to the seller, preliminary plat and development approval have been obtained, with development engineering and planning being approximately 97% complete for permitting, with only the drainage plan remaining to be finalized. The seller is willing to assist the new owner in obtaining final approval. All engineering, plans, and supporting development work completed to date will transfer with the property, allowing a buyer to step into an advanced stage of the development process.

Collinsville continues to benefit from steady regional growth as expansion moves north through Grayson County. The area is seeing increased demand for land and development opportunities driven by nearby growth in Gunter, Tioga, and Sherman, along with continued improvements to regional infrastructure. Its small-town setting, convenient highway access, and limited supply of well-located acreage continue to support long-term demand and future value.