TBD 000 FM 1396, Honey Grove, Texas, 75446

Listed by FRONTIER PROPERTIES REAL ESTATE, LLC, Stuart Hall, 903-505-8130
$2,250,000
216.00 Acres
#21393385
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.

PROPERTY FEATURES

  • Vegetation : Grassed,Partially Wooded
  • Utilities : All Weather Road,Asphalt,Co-op Electric,Co-op Water,Electricity Available,Gravel/Rock,Outside City Limits,Rural Water District,Sewer Not Available,Unincorporated
  • Easements : Electric
  • Fencing : Barbed Wire,Cross Fenced
  • Lot Features : Acreage,Agricultural,Few Trees,Many Trees,Oak,Pasture,Rolling Slope,Tank/ Pond
  • Road Surface Type : Asphalt
  • Road Frontage Type : FM Road
  • Road Frontage Distance : 4200
  • Current Use : Agricultural,Cattle,Grazing,Hunting/Fishing,Livestock,Pasture,Ranch,Recreational
  • Possible Use : Agricultural,Barndominium,Cattle,Commercial,Development,Equine,Grazing,Horses,Hunting/Fishing,Investment,Livestock,Manufactured Home,Mini-Storage,Mobile Home,Pasture,Ranch,Recreational,Residential,Sheep/Goats,Single Family,Subdevelopment
  • Zoning Description : Front half with road frontage is unzoned Bois d' arc Lake zoning area A and R 5 acre minimum lot size for back half
  • Title Company Preferred: Cole Title Company
PROPERTY DETAILS
ID: 21393385
Status: Active
Price: $2,250,000
Acres: 216.00 Acres
Price Per Acre: $10,417
Type: Other
Address: TBD 000 FM 1396
City, State: Honey Grove, Texas
County: Fannin
Zip Code: 75446
Lat/Long: 33.630591, -95.963534
Presented By: Stuart Hall
Phone: 903-505-8130
Email: Click to Contact