Prime development potential 23.66 acre tract with approximately 2,000 linear feet of highway frontage. Tract is on the last exit leaving Bonham healed toward the newly completed Bois d' Arc Lake. Numerous residential developments are currently under construction on the lake and the city is already experiencing tremendous growth. Property is in an IRS designated Opportunity Zone which can give you a capital gains tax exclusion. City water and sewer are readily available as is power. Perfect retail, hotel site, restaurant, big box retail, car or equipment dealership or split it into pad sites. The possibilities are endless. Property adjoins Legacy Ridge Country Club with an 18 hole golf course and housing development. Agent is related to all owners and has a financial interest in the property.
Property Type :
Land
Subdivision :
Wm. Cox
County :
Fannin
Style :
Land
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ByOwner last updated this listing 05/05/2024 @ 06:26
MLS: 434994602
LISTED BY: David Cullar, RE/MAX Visionary
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
