$1,600,000
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35 Acres Lot
SOLD DATE : 07/31/2020
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision James King
MLS Listing ID 14264312
Sold Date 07/31/20
HOA Y/N None
Lot Size 35.000 Acres
Acres 35.0
Property Description
This is easily one of the best tracts for development on the new Bois D' Arc Lake, currently under construction and set to start filling with water by Fall of 2020. On the deepest part of the lake near the dam, this area is zoned for luxury home development. Water is available through the existing water coop and you can divide the lots as small as one acre. Possible owner finance.There is an adjoining 88 acres that, when purchased with this property, would give you a full peninsula with over a mile of water front property and water views from almost anywhere on the property. There is no better opportunity for development land on this new lake than right here.
Location
State TX
County Fannin
Zoning Residential,Resort,Rural Residential
Direction From Bonham, TX Take Highway 82 East to FM 100 and turn North on FM 100. Go approximately 7 miles and turn left of CR 2730. Go approximately 1.5 miles until CR 2730 turns North and go approximately 2-10th's of one mile and property is on the left marked by a large silo that reads Newhouse Farms.
Exterior
Utilities Available Co-op Electric, Co-op Water, Electricity Available, Rural Water District, Sewer Not Available
Waterfront Description Lake Front Main Body
Garage No
Building
Lot Description Cleared, Few Trees, Hilly, Tank/ Pond, Water/Lake View
Schools
Elementary Schools Honeygrove
Middle Schools Honeygrove
High Schools Honeygrove
School District Honey Grove Isd
Others
Restrictions Building
Ownership See agent
Acceptable Financing Cash, Conventional, Federal Land Bank, Owner Will Carry
Listing Terms Cash, Conventional, Federal Land Bank, Owner Will Carry
Financing Seller Financing
Special Listing Condition Flowage Easement, Verify Flood Insurance, Verify Rollback Tax, Verify Tax Exemptions
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Bought with David Cullar • FMI REALTY