Investment potential only one mile from the shores Lake Ralph Hall. Lake Ralph Hall will be one of Texas’ newest lakes and is under construction on the North Sulphur River in Southeast Fannin County. Once finished, Lake Ralph Hall will provide a host of recreational opportunities and environmental benefits. When the lake is filled and open to the public, it will offer a whole host of new opportunities, including fishing, boating, nature viewing and the nearby fossil park, which is one of Ladonia's most popular and visited sites. The new commercial opportunities will draw locals and visitor alike. The lake will provide crucial water for an area whose population is projected to increase in the next 50 years. Another aspect of Lake Ralph Hall is that this lake could turn into one of the deepest lakes in North Texas. The 300-feet wide, 60-feet deep channel could benefit the lake by resulting in increased water storage coupled with less evaporative loss, creating a fisherman's paradise.
Property Type :
Land
Subdivision :
D Davis
County :
Fannin
Style :
Land
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ByOwner last updated this listing 04/28/2024 @ 02:03
MLS: 434500438
LISTED BY: Dale Horton, FanninLand Realty
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.
