Listing provided courtesy of Keller Williams Realty DPR- MLS# 21238821MLS ProviderContact Information: Alicia Purser - 903-422-3006

320 Fm 897Telephone, TX 75488

Vacant Land · 5.00 Acres
$475,000 Active

320 Fm 897 Overview

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Discover an incredible location and a truly rare opportunity to own a slice of North Texas paradise just minutes from the Bois d'Arc Lake boat ramp! This unimproved land offers significant potential with FM 897 frontage, surrounded by existing commercial and residential properties, and is currently zoned residential. The property presents a beautiful setting with cleared frontage and a natural, serene tree line border. Essential water meter on the property and electricity available. Imagine the possibilities: building your dream home, a private retreat, or a smart investment in this booming lake area. Bois d'Arc Lake is a burgeoning fishing mecca, meticulously stocked as part of the ShareLunker Bass program, promising endless recreational enjoyment. The possibilities are truly dreamworthy. Come explore the potential! Lake Proximity, High Visibility!

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320 Fm 897 Facts & Features

  • Type Vacant Land
  • Lot 5.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Sam Rayburn ISD
  • Elementary School: Sam Rayburn
  • Middle Or Junior School: Sam Rayburn
  • High School: Sam Rayburn

Business Information

  • Current Use: Residential,Recreational,Single Family,Unimproved

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: TELEPHONE
  • Subdivision Name: A0607 J KNAPP, ACRES 5

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 5225.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Corner Lot,Many Trees
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 217800.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Rural

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: Farm to Market Road,Highway
  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

320 Fm 897 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

320 Fm 897 Market Data

Based on the last 30 days in this zip code

$674,223
Average List Price
$269
Average Price per Square Foot
1
Properties Sold
125
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network


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