$691,500
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43.22 Acres Lot
SOLD DATE : 08/22/2024
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision A1101 W Stephens Survey
MLS Listing ID 20605395
Sold Date 08/22/24
HOA Y/N None
Annual Tax Amount $156
Lot Size 43.219 Acres
Acres 43.219
Property Description
This is a unique property that has been in the same family for over 90 years. Located just north of the quiet town of Bailey, TX, this property can be transformed into someone’s dream farm, or is an excellent investment opportunity for future residential development. This property has over 1,550 feet of frontage on Hwy 78 and over 1,150 feet of frontage on FM 1552 and is ideal for split configuration. Hwy 121 is only seven miles to the west for access south to McKinney, or north to Bonham and the newly opened Bois d'Arc Lake. A prime opportunity for investors, or a family with dreams to build their perfect farm.
Location
State TX
County Fannin
Zoning None.
Direction From the four-way stop on Hwy 11 in Bailey, TX, turn north on Hwy 78 for .9 miles. This property is on the east side of Hwy 78, at the southeast corner of Hwy 78 and FM 1552.
Exterior
Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Outside City Limits, Overhead Utilities, Rural Water District, Sewer Not Available, No City Services
Street Surface Asphalt
Lot Frontage 2700.0
Garage No
Building
Lot Description Acreage, Agricultural, Cleared, Corner Lot
Schools
Elementary Schools Finleyoate
High Schools Bonham
School District Bonham Isd
Others
Restrictions No Known Restriction(s)
Ownership Mcleod
Acceptable Financing Cash, Conventional, Federal Land Bank
Listing Terms Cash, Conventional, Federal Land Bank
Financing Cash
Special Listing Condition Aerial Photo
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Bought with Jim Harvey • The Harvey Group