Log In/Sign Up
Your email has been sent.
7262 FM 897
Telephone, TX 75488
Land For Sale
·
157.00 AC
INVESTMENT HIGHLIGHTS
- Waterfront
- Location
- Access
EXECUTIVE SUMMARY
This property is ideally located for a variety of development uses. It has excellent access with 1,800 feet of frontage along FM 897, which is the only north/south highway to cross the lake. It is 10 minutes from Bonham and approximately 45 minutes from McKinney and Sherman. The property has approximately 2 miles of water frontage and also has over 200 acres of land owned by North Texas Municipal Water District that could be leased for a variety of recreational uses. Ownership has been working with a large marina operator who is currently negotiating a lease with NTMWD for the first marina on Bois d'Arc Lake.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 157.00 AC |
| Property Type | Land |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 157.00 AC |
1 LOT AVAILABLE
Lot
| Price | $37,500,000 | Lot Size | 157.00 AC |
| Price Per AC | $238,853.50 |
| Price | $37,500,000 |
| Price Per AC | $238,853.50 |
| Lot Size | 157.00 AC |
157 +/- acres on the north side of the newly opened Bois d'Arc Lake. 107 +/- acres of commercial zoned land and 50 +/- acres of residentially zoned land.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,030 | |
| Land Assessment | $9,149,630 | Total Assessment | $9,155,660 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,149,630
Improvements Assessment
$6,030
Total Assessment
$9,155,660
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
