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E Maple St - PRICE REDUCED - 93.87+/- Acres | Ravenna, TX 93.87 Acres of Residential Land Offered at $1,550,000 in Ravenna, TX 75476
INVESTMENT HIGHLIGHTS
- The Site is well located along East Maple Street and is less than half a mile east of FM-274, a major north-south throughfare.
- The Site is 6 miles northwest of Bonham High School and less than 7 miles northwest of both Rather Junior High School and Evans Elementary School.
- Potential uses include, but are not limited to; single family, manufactured housing, RV park, flex industrial, and recreational uses.
- The Site is located within Bonham ISD which serves a total student body of 1,900 and has a B rating according to Niche.com
- The Site is located within Fannin County and is not zoned, allowing for a variety of potential uses.
- Fannin County is a part of the Bonham micropolitan statistical area and the Dallas-Fort Worth Metropolitan combined statistical area.
PROPERTY FACTS
| Price | $1,550,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 93.87 AC |
| Property Type | Land | ||
| Zoning | None - None | ||
| Price | $1,550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 93.87 AC |
| Zoning | None - None |
1 LOT AVAILABLE
Lot
| Price | $1,550,000 | Lot Size | 93.87 AC |
| Price Per AC | $16,512.20 |
| Price | $1,550,000 |
| Price Per AC | $16,512.20 |
| Lot Size | 93.87 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 93.87+/- acres (the “Site”) located along E Maple Street (FM-1753) in Ravenna, TX. Seller financing is available to qualified Buyers; call for details. This Site offers direct frontage (1,000 feet) on FM-1753 (E Maple Street), Ravenna’s main east west thoroughfare. The Site is 4.5 miles north of Highway 82, an important east-west route that runs from Lubbock to Texarkana, and is less than 3 miles west of Highway 78, a primary north-south thoroughfare serving greater Fannin County. With no known zoning restrictions in place, the Site boasts a wide range of potential uses. Located in one of Texas’ fastest-growing counties, this is a solid opportunity for developers or investors looking for well-located land in the path of growth. This offering is exceptionally priced at an asking price of only $1,550,000, which is $700,000 less than the Site’s appraised value per a recent appraisal done by CBRE in November 2024. A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
CONTACTS
-
Jordan Cortez -
Reid Pierce -
Mason John -
Will Droese -
Haley Birmingham -
Alex Johnson -
Justin Tidwell -
Tim Marron -
Vanguard Real Estate Advisors
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E Maple St - PRICE REDUCED - 93.87+/- Acres | Ravenna, TX
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