Carrie Hill

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of RE/MAX DFW Associates- MLS# 21165769MLS ProviderContact Information: David Cullar - 469-323-5699

7355 Fm 897Telephone, TX 75488

Vacant Land · 18.72 Acres
$3,300,000 Active

7355 Fm 897 Overview

Visits:
3

Extremely Rare 18+ acre lakefront parcel on Bois d'Arc Lake with extensive high-visibility frontage on FM 897—the key highway bridging the lake's northern and southern sides, featuring public boat ramps nearby. This prime property currently has an agricultural valuation and offers direct lake access, sweeping shoreline, gently rolling terrain, and multiple build sites. Ideal for commercial ventures like retail space, convenience stores, a restaurant, hotel, wedding venue, or a boat dealership. Optimal visibility for lake visitors and residents. High capacity waterline at property. Enjoy lakefront living combined with conveniences—just minutes from Bonham, utilities, and amenities. Visit Bois d'Arc Lake today to see why Fannin County's newest recreational hotspot is attracting so much interest! Buyer and Buyer's Agent are to independently verfiy any and all information in order to conclude appropriate due diligence. All lakefront use is governed by the North Texas Municipal Water District. Buyer and Buyer's agent should reference their December 2023 published Shoreline Management Plan. NOTE: All property boundaries shown in photos are approximate and should be verified with available survey.

Virtual Tour
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

7355 Fm 897 Facts & Features

  • Type Vacant Land
  • Lot 18.72 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: Agricultural,Grazing,Investment

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: TELEPHONE
  • Subdivision Name: A0997 J M SADLER

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 5.0

General Information

  • Disclosures: Easement(s)
  • Exclusions: Portable corals and livestock as well as barn contents.
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 86133
  • Possible Use: Agricultural,Cattle,Commercial,Development,Fishery,Grazing,Horses,Hunting,Investment,Livestock,Multi-Family,Mini Storage,Pasture,Place of Worship,Ranch,Residential,Recreational,Retail,Subdevelopment,Highway/Tourist Service
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Waterfront
  • Lot Size Acres: 18.721
  • Lot Size Area: 18.721
  • Lot Size Source: Owner
  • Lot Size Square Feet: 815486.76
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Vegetation: Cleared,Partially Wooded
  • Water Source: Community/Coop,Rural

Waterfront/View

  • Waterfront Features: Lake Front,Waterfront
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Barndominium

General Information

  • Horse Amenities: Barn
  • Other Structures: Mobile Home,See Remarks,Barn(s)
  • Road Frontage Type: Farm to Market Road
  • Sewer: None,Septic Tank
  • Utilities: Electricity Available,Electricity Connected,None,Septic Available,Sewer Not Available,Water 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.

7355 Fm 897 Monthly Cost

$
$ %
%
$
$
Tammy Farmer
* 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.

7355 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


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.