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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20705918
Year Built 2020
Annual Tax Amount $8,134
Lot Size 79.940 Acres
Property Sub-Type Unimproved Land
Property Description
Investment opportunity outside of city limits that offers both convenience and rural living. With 950 ft of CR 1525 frontage and 840 feet of CR 1520 frontage plus 2 modes of ingress and egress, this location offers excellent accessibility and visibility along with flexible access for any future development plans. Currently ag exempt and used for hay production, this property also has a 1-acre pond and a .5-acre pond. The larger pond provides good fishing and is well-stocked with catfish and black bass. The terrain is primarily open with a 20 ft elevation change, but several areas of tree cover create good wildlife habitat and good deer hunting. Perimeter fencing in good to fair condition. The property includes a cozy 900 sf 1BR 1B cabin, perfect for a weekend residence. Additionally, a 1,200 sf barn (20x60) with 2 roll-up doors, electricity, and concrete slab provides ample storage for equipment and supplies. Pipeline easement (See Map). Seller will reserve any owned minerals. Bonham ISD.
Location
State TX
County Fannin
Community Perimeter Fencing
Zoning Outside city limits.
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Exterior
Exterior Feature Stable/Barn
Fence Barbed Wire
Community Features Perimeter Fencing
Utilities Available City Water, Electricity Connected, Propane, Septic
Building
Lot Description Acreage, Agricultural, Few Trees, Tank/ Pond
Schools
Elementary Schools Finleyoate
High Schools Bonham
School District Bonham Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo, Pipeline
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Bought with William Benton • Benton-Luttrell Real Estate Co
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Rebecca Williams
REALTOR®, SRS, ABR, RENE, PSA | License ID: 703106
REALTOR®, SRS, ABR, RENE, PSA License ID: 703106