TBD E Fm 1550, Bonham, Texas 75418

$585,000
List Price
$585,000
MLS#
20613204
Status
ACTIVE
Type
Land
County
Fannin
City
Bonham
Subdivision
A0327 S DIXON
Development
Unzoned

Property Description

Great opportunity for a great investment, recreation of future residential property located between the two new lakes in Fannin County. Located just about 10 miles south of the boat ramp at the newly opened Bois d'Arc Lake and less than 8 miles to the under construction Ralph Hall Lake, this property is well positioned in the growing Fannin County market. The property has approximately 4000 feet of paved FM and gravel county road frontage. There are 3 small tree lined feeder creeks. The property currently has an agricultural tax exemption is is well suited for grazing pasture, farming or hay production. The Seller is offering seller financing to qualified buyers.

Additional Information

Unexempt Taxes
$119
HOA
No HOA
Lot Size
2,905,234
Lot Description
Acreage, Agricultural, Corner Lot, Few Trees, Pasture
Subdivided
Yes
Street Utilities
All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Connected, Gravel/Rock, Outside City Limits, Unincorporated, No City Services, No Sewer, No Water
Road Frontage Desc
County Road, FM Road
School District
Bonham Isd
Elementary School
Evans
High School
Bonham
Present Use
Agricultural
Proposed Use
Agricultural, Cattle, Grazing, Investment, Livestock, Recreational, Unimproved
Zoning
Outside of any incorporated area. No Zoning
Possession
Negotiable
Ag Exemption
Yes
Restrictions
No Known Restriction(s)
Easements
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bruce Roberts from Bois d'Arc Realty, Inc.. Contact: 903-364-2700