CONTRACT PENDING...39.83 surveyed acres with 1320' of Frank Wood Road frontage. This is a peaceful property located on a quiet farm road within minutes to shopping, casinos, dining, Lake Texoma, Hagerman Wildlife Refuge, excellent schools, and a reasonable drive to DFW. This is quality bottomland soil with majestic Pecan and Oak trees. Great place for a farm, ranch, or development. 2.03 acres of the NE corner is located in the 100 year floodplain, but it makes for a great lakesite. Because of the lower elevation on the eastern half of this property, it is highly recommended not to build any permanent structures. However, it is prime, fertile soil for crops, hay production, tree farm, or livestock grazing. Alfalfa hay was once produced on this portion of the property. More permanent structures would be better suited on the western most 10 acres due to the slightly more elevated terrain. Property makes a near perfect square with city water and utilities at the road. Highway 82 is visible from this property, but it does not border it. One of the Best Investments in Grayson County. Possible owner financing. Owner/Broker: Michael Hinsley