TBD 000 FM 1396, Honey Grove, TX 75446
TBD 000 FM 1396, Honey Grove, TX 75446
TBD 000 FM 1396, Honey Grove, TX 75446
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$2,250,000
Est. payment /mo
216 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Unplatted

MLS Listing ID 21393385

HOA Y/N None

Annual Tax Amount $137

Lot Size 216.000 Acres

Acres 216.0

Property Sub-Type Improved Land

Property Description

With a combined 4200 feet of road frontage on FM 1396 and CR 2995 you can't go wrong investing in this property. The amount of road frontage makes this property easily subdivided to add value. Only 3 miles from the FM 1396 boat ramp on Bois d' Arc lake this property offers tons of opportunity. Rolling terain with views for miles add to the appeal as well as established stands of native and coastal bermuda grasses. With 5 ponds on the property, scattered pecans and thicker stands of hardwood timber along the creek this is the perfect buy and hold investment. Maintain the agricutural tax evaluation that gives the property low overhead and carrying cost by leasing the property out or running your own cattle or hay operation. Recreational value is also endless with an abundance of whitetail deer and wild hogs. Hard to find an investment that you can play and relax on while it appreciates. Will subdivide or an additional contiguous 106 acres with a home located on County Road 2980 are also available in a separate listing. The east half with road frontage is unzoned and back half falls within the Bois d' Arc lake zoning area and is zoned agricultural and ranching with 5 acre minimum lot size for subdevelopment.

Location

State TX

County Fannin

Zoning Front half with road frontage is unzoned Bois d' arc Lake zoning area A and R 5 acre minimum lot size for back half

Direction From Hwy 82 in Honey Grove take FM 1396 north to property on left. 2 entrances and signs at each entrance

Exterior

Fence Barbed Wire, Cross Fenced

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Outside City Limits, Rural Water District, Sewer Not Available, Unincorporated

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Agricultural, Few Trees, Many Trees, Oak, Pasture, Rolling Slope, Tank/ Pond

Schools

Elementary Schools Honeygrove

Middle Schools Honeygrove

High Schools Honeygrove

School District Honey Grove Isd

Others

Restrictions Development

Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank

Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Stuart Hall • FRONTIER PROPERTIES REAL ESTATE, LLC

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